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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 />

Page | 146<br />

<strong>Runnymede</strong> IDP DRAFT – <strong>Feb</strong>ruary <strong>2013</strong>

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