The retailer as developer: Financing and planning a district shopping centre

Abstract

When a retailer takes on the responsibility for a development within which his own outlet will be the dominant feature, he must, of course, be satisfied that he is investing in a prime site which serves an appropriate catchment. At a seminar on District Shopping Centre Development in London earlier this year, Sam Chippindale, Director of Sam Chippindale Development Enterprises Ltd, suggested that the relationship between developer and Local Authority is equally important, and that both parties have a mutual interest in the long‐term success of the enterprise. If the partnership is to operate a community centre that is architecturally acceptable, free from vandalism, well patronised and economically viable, then negotiations should reflect these broader aims and not be conducted as pure horse‐trading over initial terms. The seminar was presented by IBC.

Citation

Chippindale, S. (1978), "The retailer as developer: Financing and planning a district shopping centre", Retail and Distribution Management, Vol. 6 No. 6, pp. 58-60. https://doi.org/10.1108/eb017972