Wimbledon’s post-pandemic boom: A model for high street recovery. New research confirms that Wimbledon town centre has bounced back stronger than ever, with local spending up 25% over pre-pandemic levels and footfall consistently breaking records. This revival, driven by new businesses and experiences like Third Space, giving rise to what is locally known as “Gymbledon”, highlights Wimbledon’s unique appeal. At last month’s Evolving Wimbledon Conference, we explored these exciting trends - footfall growth, visitor economy, local sports, and Wimbledon's vibrant workplace scene. Thank you to all partners and attendees who helped make it a success! Read the full report: ?? https://lnkd.in/ebkZiktQ #EvolvingWimbledon
Evolving Wimbledon的动态
最相关的动态
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Brisbane’s Arts scene has bounced back from its COVID-induced doldrums, as a new report reveals a more buoyant and diversified inner-city. The Committee for Brisbane’s annual?Inner City Vitality Report, released today, revealed the majority of industry sectors and economic indicators for the area were heading in the right direction. CEO Jen Williams said the inner-city added $32.5 billion in economic value in 2024, reinforcing the importance of the capital city to the broader Queensland economy. Ms Williams said for the first time, the report, which traditionally includes information on the Office, Retail, Residential, Tourism & Hospitality and Education sectors, looked at two additional areas of Health and Arts & Culture. She said the data showed there had been steady growth in the Health sector, which was not as impacted by the pandemic as many other sectors of the city’s economy. “Arts & Culture on the other hand, which was significantly impacted through COVID, has bounced back in the past year to near pre-COVID record highs. “Notwithstanding the closures of high-profile venues in Fortitude Valley and the introduction of a Night Life Economy Commissioner to drive activity after dark, Arts & Culture is emerging as a major contributor to employment and activity in the inner-city.” Ms Williams said in the past year, over 6.2 million people attended events in the inner-city. “With inner-Brisbane’s Arts & Cultural institutions servicing a state population of circa 5.5 million, this equates to every person in Queensland attending at least one event in the past year alone.” Ms Williams said the report showed a strong performance in the office market had supported the rebound of the inner-city’s economy. “New business registrations are up, vacancy rates are down, and new developments are appearing on the skyline. “The office market alone houses over 120,000 full and part time workers across a range of industries. Couple this with workers across sectors such as health (33,000), education (13,000) and retail (21,000), and you’re looking at a population larger than Cairns who work in just three sectors of the inner-city precincts featured in the report.” She said given the traditional dominance of the worker population, the inner-city was often dismissed as a centre of business, rather than a centre of activity. “What the report shows is that Brisbane’s inner-city is increasing its economic diversity beyond traditional sectors, ultimately building its overall vibrancy and resilience.” Read more and download the full report ?? https://lnkd.in/eAuTsxH3 #economy #brisbane #innercity Open access to all Newsreel stories: https://newsreel.com.au/ #nopaywall Sign-up to the free biweekly Newsreel newsletter: https://lnkd.in/gDGxznVv #newsreel
Diversified Brisbane inner-city generates $32.5 billion - Newsreel
https://newsreel.com.au
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Vicki and Kate enjoyed an insightful and inspirational day at yesterday’s Adelaide Economic Development Agency Business Summit, alongside communikate et al clients Ken Ross from ResourceCo and Laura Smans from Festival Plaza. With panels and keynotes covering luxury retail, property, placemaking, AI, start-ups and more, here are Vicki’s key takeouts: ?? While international student numbers are at record levels, investor confidence in the Adelaide CBD is growing, new retailers are opening and medium to large employers are moving from the suburbs into the city, businesses remain challenged by rising costs. ???? Future productivity gains will be harder to find and based on new ways of working and economies of scale. That said, we don't know when the next productivity surge will come from, whether it will be industry-specific, permanent or temporary - it could be like yeast or it could be a mushroom. ?? AI is like electricity in the way it can change economies, and Australia is at risk of falling behind. Jump on board, AI won't take our jobs, it will be those who use AI that will. ?? Businesses are moving to brand new offices in the city where workers can enjoy world-class office amenities combined with retail, dining and entertainment options on their doorstep, making the office a better option than working from home. ?? Buyers of apartments will expand from empty nesters and students to first-home buyers keen to live close to their work ??? Adelaide CBD is long overdue for a luxury retail precinct, which will deliver significant impact for the city and Adelaide more broadly. ??Imagine closing North Terrace to traffic and creating a cafe society and wider public realm outside our cultural institutions where visitors can linger after exploring the Art Gallery of South Australia, the SA Museum and the Botanic Gardens and State Herbarium, South Australia.
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We need productive cities. We need green spaces. We CAN have both. How? Green Heart, Green Fingers, and other ideas from the Inclusive Growth Commission (https://lnkd.in/esEX43Gr) in the words of Iain Jenkinson https://lnkd.in/es6R_WAB
We’ve allowed nimbys to prevent progress on housing for too long
thetimes.co.uk
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“What could our built environment do for us if we started by shaping it for human needs, human nature and human experience? And how do we scale up new approaches for this to become standard practice?” It was a pleasure to give a "provocation" talk at an NLA charette focusing on #health - one of the key pillars of the New London Agenda being unpacked with experts across NLA panels. Joining chair Catherine Staniland, director at NLA, I shared MATTER SPACE SOUL's work towards creating #Compassionate Places, with healthy, humane urban futures as the north star. This includes: ?? 1. Re-orienting to people’s experience, emotion, empathy and equity as a holistic form of spatial design and placemaking that responds to the multifaceted, pressing issues of today. ?? 2. Innovating and implementing new evidence-informed approaches for design, placemaking and policy, including drawing from #neuroscience and other human sciences ?? 3. Defining a collective roadmap to move us from; *Health and quality of life being a “nice-to-have”; to **Systematically maximising health, wellbeing, flourishing and growth through development. ? Given the built environment is our own human-made habitat, and affects our health and lives profoundly – why isn't the impact on people the starting point, and the end point against which to measure success? ? But if we can bring together the work that many are doing in this space, there is significant potential to build this emerging field into the standardised, mainstream way of shaping places. To create the step-change urgently needed to address the multiple issues people are facing today. And maximise the full potential of places to create positive change. ?? It was brilliant to hear and reflect on the diverse insights from many NLA experts across different sectors during the in-depth roundtable discussions. ?? Look out for a full round-up of the findings from this NLA expert charette coming soon.. ---------------------------------------------------------------------------- “We must centre everything we do around the experience of people and their needs, the imperative for our built environment to improve human health and via this our relationship with planetary health” New London Agenda: Focus on Health. #CompassionatePlaces #PlaceQuality #HealthyCities #Placemaking #DesignforWellbeing #DesignforChange #Innovation #ESG
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“In my eyes there are three things that make a successful city: accessible public transport, innovation, and culture and creativity”. – Paul Dennet, Mayor of Salford. When Lichfields were asked to produce an Economic and Social Impact Assessment of The Lowry I knew it would be an interesting project. ?What I didn’t expect was how significant and wide-ranging the impacts of our cultural facilities can be, from their importance to their local communities, to their role in ensuring places are the antithesis of “soulless”. Culture, creativity and heritage as a cornerstone of successful places isn’t something we hear about as much as we should, but there is indeed a growing body of evidence suggesting that the vital role of arts and cultural venues in fostering successful places and communities should not be ignored. Our research for The Lowry demonstrates how the economic and social benefits of such organisations represent exceptional value for money, which is especially pertinent given the new Government’s focus on enabling economic growth whilst increasing access to opportunities for the people that need them the most. When we combined the quantifiable economic and social benefits generated by the Lowry, we found it had generated a return on investment of around £33 to every £1 of public funding it received in 2022/23. ?This clearly demonstrates outstanding value-for-money, strongly underpinning the case for solid, stable investment in the sector over the next 5-10 years and beyond. The Lowry is also far from the only example, with others such as the Tate Liverpool, the Turner Contemporary in Margate, and even The Lowry’s architectural touchpoint – Bilbao’s Guggenheim, spearheading regeneration projects with culture, heritage, creativity and shared experience at their core. Building on our research for The Lowry, Lichfields’ latest Insight Focus explores the reasons why arts, culture and heritage venues can have such a powerful economic, social and place-making impact - highlighting the core ingredients for success. Our Insight Focus is available to read here: https://lnkd.in/eA4vtfcz An executive summary of our report for the Lowry is available here: https://lnkd.in/eFCj-d7u The full report is available here: https://lnkd.in/eRm5z45g The case for investment in arts, culture and heritage is compelling – so much so that The Lowry gave the Lichfields report a well promoted public launch earlier in the summer using it as the headline act in celebrating their forthcoming 25th birthday.?Paul Dennett, Salford City Mayor highlights how the Council has witnessed the city’s transformation through the power of culture: https://lnkd.in/eW7chtxP
The place and people-making power of culture: Lessons from The Lowry
lichfields.uk
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A week after attending UKREiiF, I wanted to share some reflections with my network. I had the opportunity to attend numerous panels, sessions, and engage in conversations with clients and colleagues during the parallel social events. Here are the main topics and insights that summarize my views: ?? The importance of DEI: I commend the organizers for making a substantial effort to embed diversity, equity, and inclusion (DEI) across a wide range of topics covered in the event. The panels were diverse and representative of the real estate ecosystem, particularly in the field of regeneration. The impact that urban developments have on local communities was a strong focus, emphasizing the need for inclusive and healthy environments from project inception. Social impact and its role in driving innovation and talent attraction were discussed in multiple panels, signifying the evolving principles and vision within the real estate sector. ?? Towards a polycentric UK with a focus on academic research: The vision of a more egalitarian network of cities in the UK, where everyone can thrive, is becoming increasingly tangible. Second-tier cities are emerging as competitive hubs for talent and research, requiring careful planning and development of transportation infrastructure, affordable housing, academic institutions, and mixed-use environments. This polycentrism also emphasizes the appreciation of local culture and history, which helps in creating inclusive and respectful schemes. ?? The public sector as an innovator: It is inspiring to witness the public sector taking the lead and collaborating closely with the private sector in real estate, regeneration, and urban development. The 'Transforming the Public Sector' pavilion showcased sessions on technology, governance, and investment led by motivated professionals who articulated a vision for creating better cities and communities. Furthermore, multiple boroughs, councils, cities, and regions actively competed in attracting talent and investment, with real estate as a driving force for change. Successful developments hinge upon the collaboration between the public and private sectors, and I observed numerous cases during the event. ?? In summary, my experience at UKReiff left me inspired and convinced that the next decade will witness a massive transformation of many UK cities. The distributed workforce enabled by technology, combined with the focus on research, academia, and the knowledge industry, positions the UK as a global leader in talent attraction, innovation, and diversity. UKREiiF JLL Dominic Brankin Ronen Journo Mark Bourgeois
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THE THIRD PLACE: WHERE CREATIVITY, COLLABORATION, AND CONNECTION DRIVE ECONOMIC VALUE Sociologist Ray Oldenburg?coined "third place" in his 1989 book, The Great Good Place.?In this book, the author points out that there are three places people spend most of their time: the first place is home, our private world for family; the second place is work, where we connect in a shared world of work with others; and the third place refers to the public space where people can connect with others we often don’t know and be part of a community outside of our home. Although the third place has changed over time, visiting a thriving urban neighborhood or downtown, with cafés, restaurants, and theaters mixed in with workplaces and housing, creates a fantastic dynamic of community connection. Even if we don’t know many people sitting next to us, we are “sharing their world” as they are with us. We see others crowded into a café or a musical event, and we ask, what are we missing that they are sharing? These crowded, busy places lure us into the third space. From marketplaces to transit destinations such as airports and train stations, these third places are dynamic hubs that cultivate more third-place businesses and experiences. First, there may be only a tiny coffee shop, then an outdoor café, a restaurant, then a pub, and a third destination emerges for shared experiences as it draws more businesses and people. As this happens, retail spaces fill up, and new housing is built. What’s happening is that the third place is creating economic momentum and value from the dozens of people who come for shared experiences. Cities can thrive by understanding and incentivizing the influences of emerging small businesses’ property development, which drives future financial investment. At RadiantBrands, we see urban and real estate branding and marketing as key to influencing and adding to the value of the third place, creating value for everyone.
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I recently had the privilege of attending a roundtable focused on the burgeoning sector of #coliving, specifically tailored for #familyoffices and #institutionalinvestors. The discussions were #insightful, shedding light on various aspects of this evolving market. Here are some key takeaways from the session that I found particularly intriguing: 1. #Urbanization: The statistics shared were staggering – over 1.5 million people are migrating to cities every week, creating a significant gap between -#housing availability and demand. This highlights the urgent need for innovative living solutions to address the growing inequality in urban areas. 2. Rising #Investment: It was fascinating to learn about the exponential growth in co-living investments, especially in the #UK and #Europe. With €963 million invested in 2022 alone, this sector is poised for substantial growth in the coming years. *JLL report 3. Institutional Interest: Traditional -#institutions and #insurance companies are beginning to take notice of the co-living market, particularly in key European countries like the UK, #France, the Netherlands, #Spain, and #Germany. The market penetration may be nascent, but the interest is certainly palpable. 4. Family Offices: Have adopted A ‘buy now and leverage later’ approach to maximize discounts. 5. **Attractive Yields**: Co-living offers attractive #yields that surpass those of multi-family or build-to-rent #properties, making it a lucrative investment option for many. The demand for co-living is being driven by a multitude of factors, including housing shortages, the rise of single households, the loneliness pandemic, flexible living preferences, the growth of hybrid work models, and the influence of Gen Z consumer trends. As housing increasingly evolves into a lifestyle brand, real estate operators are stepping up to integrate co-living into their portfolios, catering to a diverse market beyond just young professionals. This presents a unique opportunity for investors to tap into a rapidly growing market segment. I invite you to connect with me over this subject as we see the space evolve. I’d love to learn, share, and explore further—get in touch.
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?? The North East creative scene is unstoppable! Despite recent challenges in the UK arts sector, our region is thriving and brimming with promise. ?? We're home to a wealth of incredible organisations that are fostering artistic talent and community engagement. As we move forward, these organisations will continue to inspire and drive the cultural vitality of the North East. Labour's increased focus on revitalising the North East, led by Lisa Nandy and our new North East Mayor, Kim McGuinness is set to provide a significant boost. With a strong foundation and a commitment to innovation and inclusivity, the future of the arts in our region looks incredibly promising. The North East is a treasure trove of talent, innovation, and creativity. From groundbreaking startups to established enterprises, our region is teeming with potential that can propel the creative industries to new heights. ?? Why it Matters: ??Innovation Hub: The North East is home to a dynamic and diverse creative community, driving forward-thinking ideas and projects. ??Economic Growth: By promoting our local talent and businesses, we attract investments and opportunities, fostering economic development. ??Community Building: Celebrating our unique regional identity strengthens community ties and encourages collaboration across various sectors. ?? The Path Forward: ?? Visibility: Let’s amplify our presence on national and global stages, sharing our successes and stories. ?? Support: Investing in local talent and providing platforms for emerging creatives to shine. ?? Collaboration: Building partnerships within and beyond the region to expand our reach and impact. Join us in celebrating and promoting the North East’s creative industries. Together, we can shape a vibrant future and showcase why our region is the place to be for creativity and innovation. #NorthEastArts #CreativeCommunity #ArtInnovation #CulturalVitality #ArtsInclusivity #Labour #NorthEastCreatives #Innovation #EconomicGrowth #Community #CreativeIndustries #NorthEast
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Embedding culture in our towns and cities is important, not only for our local communities, but also for the health of our national economy. ? However, arts and culture are facing significant challenges, not least because the primary source of investment from local authorities has almost halved since 2010 according to Campaign for the Arts.? ? On the bright side, ahead of the UK general election on 4 July, the major political parties have outlined key policies to support the cultural and creative industries in their manifestos. Aside from government support, a wide range of stakeholders also need to be on board to see the sector flourish in the long-term.? ? Alongside our Co-founder Oliver Goodhall and Senior Associate Eve Avdoulos, PhD, we travelled across the UK to speak to experts at the forefront of this, Manchester City Council’s Luthfur Rahman OBE and Culture Central’s Erica Love, as well as visiting various cultural production spaces and organisations in the sector including:? ? ? Aviva Studios Factory International, Manchester? ? Altogether Otherwise, Manchester ? Turf Projects, Croydon ? HARRI and Making For Change, Poplar Works, London ? The Bond Digbeth, Birmingham Our conclusion? Culture is not simply consumed. Cultural production spaces play a significant part in the wider ecosystem of this sector and our economy, supporting skills and jobs as well as wider societal needs. It’s essential that our politicians, policymakers and everyone involved in the #builtenvironment recognises this, so that our cities can thrive now and long into the future. ? Many thanks to Luthfur and Erica for their expertise, the cultural spaces, Poplar HARCA, The Trampery | Certified B Corp | and Oval Real Estate for allowing us access, and to videographer Dion Barrett and production by ING Media. More here ?? https://lnkd.in/eEFS6VrG #culture #creativeindustries #ThamesEstuaryProductionCorridor #NorthernCreativeCorridor
Embedding culture and urban resilience
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