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Shopping Centres Refurbishment and Redevelopment

Shopping Centres Refurbishment and Redevelopment

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PURPOSE<br />

Key stages of the process<br />

AUDIT AND ‘VIP’<br />

REPORT<br />

1<br />

To demonstrate to<br />

clients why they<br />

should consider<br />

undertaking work<br />

on their centre <strong>and</strong><br />

to show what their<br />

options might be.<br />

These are likely to be<br />

one of the following:<br />

1. Refresh<br />

2. Remodel<br />

3. Redevelop<br />

DESIGN<br />

SCHEME<br />

To work up the<br />

selected option to a<br />

high level of detail,<br />

including drawings,<br />

costs, timing,<br />

appraisals <strong>and</strong> tenant<br />

re-engineering.<br />

6 <strong>Shopping</strong> <strong>Centres</strong> <strong>Refurbishment</strong> <strong>and</strong> <strong>Redevelopment</strong><br />

PROCUREMENT<br />

MONITORING / REALISATION<br />

LEASING / MARKETING<br />

2 3 4<br />

To carry out a<br />

procurement exercise<br />

to put together the full<br />

team of consultants,<br />

contractors <strong>and</strong><br />

suppliers needed to<br />

execute the plan.<br />

To carry out periodic monitoring of the detailed<br />

design <strong>and</strong> construction process to ensure the<br />

agreed plan is being delivered on site.

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