All things to all men
Article Abstract:
A site being developed in Kent, England, will offer community amenities for residents and workers. The Kings Hill site, developed by Rouse Kent, was originally planned as a business park with 250 homes, but the ratio changed to accomodate amenities and more homes, with the hope of encouraging businesses to locate in the area. Kings Hill will provide 2.8 million square feet of business space and 1,500 homes, together with amenities including a school, hotel and university campus. Ten per cent of the land has already been developed, 400 homes are occupied and some companies are installed.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
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Gearing up for a space race
Article Abstract:
The planned completion of the M60 orbital motorway in 1999 has heralded an increasing interest in prospective areas for industrial development around the city of Manchester, England. Speculative construction projects are not favoured but properties for lease are becoming more scarce. Warehousing and distribution businesses are taking around 75% of the available units whilst manufacturing companies are taking the remaining 15%. Some industrial buildings need complete renovation, particularly in the East of Manchester. Some land agents predict an increase in land prices and rents.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
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Domestic demand
Article Abstract:
Authorities in Kensington and Chelsea, London, England, see the district as primarily residential, therefore office developers have had a difficult time in finding new sites to develop. Kensington is known an important shopping area, it has been able to withstand competition from the White City Centre. The council intend to spend 1 million pounds sterling on improving access to the retail area. Office space is in great demand particularly by media businesses. Kensington has a office building vacancy rate of only 6.3%.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
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