Dynamics of Property Location: Value and the Factors which Drive the Location of Shops, Offices and Other Land Uses
Why is property located where it is and how has this process changed in recent years? A number of factors such as social change and technological development, have affected location and these are considered. Value, the way changing patterns are measured, is examined and there is a discussion of rent contours. The book considers location in the retail industry, looking at the theory, hierarchy, clustering and dispersal. The move to out of town sites, with its three waves of decentralisation, is described. Central place theory, dating from the 1930s, is discounted as being obsolete and misleading. Finally the book covers offices, industrial and residential property.
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Location and politics
The importance of technology
The importance of value
A little theory
The desire to cluster
The desire to disperse
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American attractive average benefit branding Britain building business services Canary Wharf car ownership catchment area CB Hillier Parker cent central London central place theory century chapter choice city centre clothing clustering concentration cost Covent Garden customers decentralisation demand dispersed district centres durable shopping effect example factors festival mall Figure floor space food shopping free-standing function gravity model Hay-on-Wye hi-tech high bay warehouses high rent increase Internet investment Knightsbridge land values less low density Magna Park major Marks & Spencer Midlands modern move occupied offer office rents office users Oxford Street pattern planners planning range regional centres rental growth rental value result retail hierarchy retail parks retail warehouses rise science parks shopper shows Silicon Valley skyscrapers South South-East specialist suburbs supermarket superstores Table tend town centre traditional trend trip urban West West Midlands widespread car yields