Fenalla Keevil - Geography
Fenella Keevil
1. Generating Employment
Fenella Keevil
A principal aim of Princesshay, and arguably of any retail led regeneration scheme, was to
create employment in the area, directly through the building and development programme
Generating by Employment
and 1. indirectly
stimulating additional economic activity.
A principal aim of Princesshay, and arguably of any retail led regeneration scheme, was to
employment pre-development
in the area, directly architecture,
through the building
and modernisation
development programme
The create
old fashioned
lack of
and un-inspiring
and caused
indirectly
stimulating
additional
activity. This is why Vision 2020 highlighted a
decor
a by
decline
in visitors
and economic
jobs in Exeter.
need for “indigenous growth and job creation in the City”. In particular “new and refurbished
The old fashioned pre-development architecture, lack of modernisation and un-inspiring
business
premises
to create
these and
jobs
meet the
needs
of highlighted
a local growth
decor caused
a decline
in visitors
jobs and
in Exeter.
This emerging
is why Vision
2020
a
economy”
were core aims.
need for “indigenous
growth and job creation in the City”. In particular “new and refurbished
business premises to create these jobs and meet the emerging needs of a local growth
economy”
were estimate
core aims. that 1,500 jobs were created directly as a result of the development
Land
Securities
(2007). To put this statistic in context one needs to look at the number of jobs existing before
estimate that 1,500 jobs were created directly as a result of the development
and Land
after Securities
the redevelopment.
The old Princesshay development employed circa 600 people,
(2007). To put this statistic in context one needs to look at the number of jobs existing before
currently
1,500 are employed
there (Land
Securities
2007/ circa
2013).
economic
and after around
the redevelopment.
The old Princesshay
development
employed
600 The
people,
stimulus
of
Princesshay
also
created
new
jobs
indirectly.
John
Lewis
opened
a
currently around 1,500 are employed there (Land Securities 2007/ 2013). The economic new store
Located
near store
to Princesshay it
“creating
new jobs” also
in 2012
News,
22 nd July
stimulus 300
of Princesshay
created (BBC
new jobs
indirectly.
John 2011).
Lewis opened
a new
nd
300 by
new
in 2012 (BBC
News, 22 July 2011).
was “creating
attracted
the jobs”
investment
and redevelopment
in the Located
area. near to Princesshay it
was attracted by the investment and redevelopment in the area.
Table 1 and Graph1 below show the number and percentage of people claiming benefits from
Table 1 and Graph1 below show the number and percentage of people claiming benefits from
August
2005
(Nomis,
2013)
August
2005 to to May
May 2013.
2013. (Nomis,
2013)
11
169
11