Infrastructure Delivery Plan (Feb 2013) - Runnymede Borough Council
Infrastructure Delivery Plan (Feb 2013) - Runnymede Borough Council
Infrastructure Delivery Plan (Feb 2013) - Runnymede Borough Council
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14.21 The Bourne Car Park in Virginia Water is a <strong>Council</strong> owned site which is also currently<br />
being advertised for disposal. Whilst this site is being disposed of for development<br />
purposes, it is not yet known what the future use of the site may be.<br />
14.22 The vacant site adjacent to the <strong>Council</strong> Offices in Addlestone is also earmarked for a<br />
mixed use development which is likely to include further retail floorspace. It is<br />
envisaged that the redevelopment of this site will take place over the plan period.<br />
Costs and funding sources<br />
14.23 The cost of the Class A1 food store schemes at Arndale Way Car Park in Egham and<br />
Hannover House in Virginia Water are not known although the costs of these<br />
redevelopment schemes would be met by the developers in question.<br />
14.24 The costs of any developments which come forward on the Bourne Car Park site or on<br />
the site adjacent to the <strong>Council</strong> offices in Addlestone are not known at this time.<br />
Funding<br />
ID<br />
IDPF148<br />
IDPF149<br />
IDPF150<br />
Risk Assessment<br />
Description<br />
Waitrose supermarket and Travel<br />
Lodge scheme at the Arndale car<br />
park, in Egham<br />
A1 food store at Hannover House,<br />
Station Parade, Virginia Water (if<br />
approved)<br />
Redevelopment of site adjacent the<br />
council offices in Addlestone (mixed<br />
use scheme)<br />
Estimated<br />
Cost<br />
Unknown<br />
Unknown<br />
Unknown<br />
Key<br />
Provider(s)<br />
Liberty<br />
Properties<br />
Reef Estates<br />
Limited<br />
RBC/Bouygues<br />
Development<br />
14.25 The main risk to both the existing shopping facilities in the <strong>Borough</strong>, and future<br />
provision coming forward is considered to be the economic downturn. This could<br />
potentially result in high vacancy levels in existing centres, and prevent further retail<br />
opportunities coming forward. This would have an impact on the vitality and viability of<br />
town centres especially if class A1 uses continue to be lost. This is considered to be a<br />
distinct possibility in the short term although given the cyclical nature of economic<br />
markets, the long term view is considered to be more positive providing that existing<br />
Class A1 uses in town centres continue to be protected.<br />
Conclusion<br />
Risk ID Description Probability Severity<br />
IDPR051 Economic downturn High Medium<br />
14.26 The Local <strong>Plan</strong> contains policies which seek to continue to protect and enhance the<br />
role of local shopping centres because of their importance to local areas in achieving<br />
sustainable communities. Whilst the existing provision of facilities is considered to be<br />
adequate, the redevelopment of the former DERA site (with 1500 dwellings proposed)<br />
is likely to put further pressure on the existing centres in the <strong>Borough</strong>, in particular on<br />
Virginia Water. As detailed in the <strong>Runnymede</strong> Retail Study carried out in the <strong>Borough</strong> in<br />
2009, an assessment of the impact of the DERA development on local shopping<br />
facilities may need to be undertaken.<br />
14.27 It is desirable to ensure that expenditure on food and non food goods is retained in the<br />
<strong>Borough</strong> wherever possible. The Waitrose proposal in Egham and the new foodstore in<br />
Virginia Water (if approved) offer further opportunities to achieve this.<br />
14.28 Improvements and enhancements to both the permeability and connectivity, and the<br />
retail offering in existing centres over the plan period would help ensure their continued<br />
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<strong>Runnymede</strong> IDP DRAFT – <strong>Feb</strong>ruary <strong>2013</strong>