The SLA Forum 2011
'Localism - what does it mean to the commercial sector?'
Date: Wednesday 12th October 2011
Venue: CBRE, Henrietta House, 8 Henrietta Place, London, W1G 0NB
Map: View google maps
Time: 9.30 registration for 10:00 start. Finishing at 17:00.
This year's Forum will address an issue of vital importance to all retailers and property planners - that of 'Localism - what does it mean to the commercial sector?'. We have assembled an eminent line-up of speakers and panelists to give their views. Keynote speaker will be Brian Reynolds, responsible for LGID's Capital & Assets productivity work on behalf of the local government sector. In 2010 he was seconded into DCLG to run their Capital & Assets Programme (CAP).
Speakers and panelists from the commercial sector include Christine Reeves, Senior Associate Director, Nathaniel Lichfield and Partners; James Lowman, Chief Executive, Association of Convenience Stores; Stuart Robinson, Executive Director of Planning at CBRE, and Mike Riley, Joint CEO of the Local Shopping REIT.
Academic input will come from Jonathan Reynolds, Academic Director of the Oxford Institute of Retail Management, who will both give his own take on the issues in a presentation, and also chair a panel session. Paul Cheshire, Emeritus Professor of Economic Geography at LSE, will discuss his study of Town Centre First policies and their effect on productivity.
The Forum is certain to be popular. As with all SLA events, it will be free of charge. For more details and to book, please visit email info@thesla.org.
- 09.30 - Registration/coffee
- 10.00 - Introduction - Peter Sleight, Chairman, The Society for Location Analysis
- 10.10 - "The Coalition Agenda" - Brian Reynolds, Department for Communities and Local Government
- 10.40 - "Planning for Commercial Development under a Localism agenda" - Christine Reeves, Senior Associate Director, Nathaniel Lichfield & Partners
- 11.10 - Coffee Break
- 11.40 - "The Costs of Planning for Supermarkets: evidence from a micro dataset" - Paul Cheshire, London School of Economics
- 12.10 - "Where Will the Retail Recovery Take Place?" - James Lowman, Association of Convenience Stores
- 12.40 - Speaker Panel Session with Stuart Robinson, CBRE and Mike Riley, LS REIT to join panel. Chairing the forum will be Jonathan Reynolds, OXIRM.
- 13.30 - Lunch
- 14.30 - Jon Walker Award Presentation - Andy Thompson
- 14.45 - SLA members' forum
- 15.15 - Tea Break/ Networking
- 16.00 - Peter Sleight - close
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"The Coalition Agenda"
Brian Reynolds, Department for Communities and Local Government
Download Brian's presentation
Synopsis
The Coalition agenda: Deficit reduction, and economic growth. Importance of driving efficiencies out of the public estate in order to minimise impact on front line services. Leading to CAP programme. Importance of other policy links: Community Budgets, Housing agenda, and regeneration in particular.
Biography
Brian Reynolds is responsible for LGID's Capital & Assets productivity work on behalf of the local government sector. In 2010 he was seconded into the Department for Communities & Local Government (DCLG) to run their Capital & Assets Programme (CAP) leading 11 Pathfinder authorities across the country to develop local, pan-public sector, solutions to rationalising the public sector estate. Results from the CAP programme were impressive, suggesting that locally led solutions could drive savings in operating costs and footprint of up to 20%.
Previously Brian was Deputy Chief Executive at L B Barnet for 10 years, where he set up and ran that Authority's regeneration programme - together with the huge £4.2bn mixed use redevelopment at Brent Cross/Cricklewood, it remains one of the largest local authority led programmes anywhere in the Country. He was also responsible for Environment, Planning, and Housing, and with some 30 years local authority experience, remains an expert in the housing and regeneration fields.
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Download Christine's presentation
Synopsis
- Origins of Localism
- Initial proposals and how they have changed in the course of the Bill
- What we are now expecting
- What it will mean for retailers and other developers
- How applicants can define localism and tools that may be able to assist.
In general the food retailers are well ahead of the game with public consultation already part of their normal approach, at least for major proposals. This is a significant contrast with other development sectors. However, will things remain the same under a Localism agenda and what tools could be used to assist? For instance, are there any common demographic themes in terms of who objects or supports different types of development and how could different definitions of 'local' affect the overall outcome?
Biography
Christine Reeves is a Senior Associate Director at Nathaniel Lichfield and Partners (town planning consultants) and specializes in Retail Planning. She advises on all aspects of retail development, including retail capacity and impact studies and local and national policy in both England and Wales. Clients include Tesco Stores Ltd, property investment and pension funds and developers. Her recent work has included both large and small foodstore proposals, some as part of major mixed use developments. Prior to joining NLP Christine worked for Tesco, initially in the Site Research Unit and then within the Property team as a Planning Researcher. This included work on superstore employment and impact studies. She has also worked with a number of universities seeking to encourage research relevant to retail planning at both under-graduate and post-doc levels. She returned to Cardiff in 2007 and now heads up the Town Centre and Retail team within the NLP Cardiff office.
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Download Paul's presentation
Synopsis
Few studies conceive of land as a productive factor but British land use policies may lower total factor productivity (TFP) in the retailing industry by (i) restricting the total availability of land for retail, thereby increasing space costs, (ii) directly limiting store size and (iii) concentrating retail development on specific central locations. We use unique store-specific data to estimate the impact of space on retail productivity and the specific effects of planning restrictiveness and micromanagement of store locations. We use the quasi natural experiment generated by the variation in planning policies between England, Wales, Scotland and Northern Ireland to isolate the impact of Town Centre First (TCF) policies. We find that TFP rises with store size and that planning policy directly reduces productivity both by reducing store sizes and forcing retail onto less productive sites. Our results, while they strictly only apply to the supermarket group whose data we analyse, are likely to be representative of supermarkets in general and suggest that since the late 1980s planning policies have imposed a loss of TFP of at least 20%.
Moreover while the explicit aim of Town Centre First policies was to increase the sustainability of retail and enable access for low income households provisional results suggest that TCF policies by reducing the productivity of supermarkets differentially hit poorer households and moreover by increasing total shopping trips and concentrating both shopping trips and deliveries into more congested networks they probably increased the carbon footprint of the retail sector.
Biography
Paul Cheshire is Emeritus Professor of Economic Geography but still working 50%. He moved to LSE in 1995 from a Chair in Urban and Regional Economics at the University of Reading. He was hired to restructure Economic Geography at LSE and establish a group working seamlessly with the Economics Department. This group is now one of the most highly regarded in Europe in the field of spatial economics, real estate economics and regional science and successfully attracted the first funding for a research centre in this area in 2008 – the Spatial Economics Research Centre – within which he is a programme director. Another element in this restructuring was to establish an MSc in Real Estate Economics & Finance. This is now one of the most competitive entry courses at LSE. Professor Cheshire was Chair of the Department from 2001 to 2004.
His interests are focused on spatial, urban and real estate economics: especially urban growth in Europe, the economic effects of land use planning, the welfare and distributional effects of housing market capitalisation and urban development policy. He has published widely in these and other fields with more than 60 articles in refereed journals 50 book chapters and nine authored or editied books. He has particular expertise in the hedonic analysis of housing markets and land use regulation.
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Download James's presentation
Synopsis
- Trends in retail development
- Policy context: NPPF, local government finance, Mary Portas review
- Scenarios: high street led- recovery / out of town led recovery
Biography
James was appointed ACS Chief Executive in November 2006, since when he has grown the organisation which now represents 33,000 local shops. He joined ACS in 1997 and progressed to Public Affairs Director, running all ACS policy work including successful campaigns to preserve Sunday trading laws, to see the grocery market referred to the Competition Commission, and to support members during the transition to the Licensing Act 2003.
During his tenure as ACS Chief Executive, James has re-focused the organisation on lobbying and providing a strong voice for local shops on advising members on impending legislation and other issues, and offering an industry-leading programme of events and networking opportunities. James also sits on the boards of the leading proof of age scheme CitizenCard, the Proof of Age Standards Scheme (PASS), the Association of Business Crime Partnerships, and ACS’ specialist news arm, the Association of News Retailing.
James has a degree in Politics from the University of Essex, and an MBA from Kingston Business School.
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To round off the morning Jonathan Reynolds will be chairing our usual panel session. The speakers who took part in the morning will all join Jonathan, Chair of The Society for Location Analysis, Peter Sleight, Stuart Robinson of CBRE and Mike Riley of LS REIT on the stage to take questions from the audience about anything to do with localism. Questions can be directed to the group, or to particular speakers.
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Biography
Aged 51 Mike Riley has worked in the property industry since 1986, having trained as a chartered surveyor at Hiller Parker.
Following this he joined Chesterton International, becoming Managing Director of its property finance arm, De Groot Collis Financial Services Limited.
He joined HBV Real Estate Capital in 1997, becoming joint Managing Director in 1999.
Mike was then at Quintain Estates and Development PLC from July 2001, holding the role of Chief Executive from March 2002.
In October 2002 he moved to Castlemore Securities Limited, where he was Director until January 2005, when he became Joint CEO of the Local Shopping REIT plc.
The Local Shopping Reit plc was listed on the London Stock Exchange in May 2007 raising £160 million. It was the first and currently last specialist REIT to enter the quoted property sector.
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Biography
Stuart Robinson, Executive Director, heads up the UK Planning Service at CB Richard Ellis, a firm he has served for nearly 30 years. Stuart was included in Property Week’s Top 50 most influential professional & legal figures; his citation read: “Stuart Robinson’s clients read like a Who’s Who of Property; The Crown Estate, Minerva, Argent & Canary Wharf Group. He has spent three decades at CBRE and in that time has become an authoritative voice as developers seek new ways to survive in the planning system”.
Since 1977, Stuart has specialised in planning of commercial developments, particularly in major urban regeneration and central area schemes. He has undertaken a wide range of projects where economic and environment analysis has been a major consideration. The development schemes range from retail to all forms of commercial space, leisure, housing and tourism.
His previous instructions include advising the Crown Estate on a portfolio of development schemes totalling over £1bn on Regent Street, London, Minerva/Lend Lease on Park Place in Croydon, Tate Modern, West Quay Southampton, Bull Ring Birmingham, 250 Bishopsgate & Woolwich Arsenal. Stuart is currently advising on a portfolio of strategic high end marinas & residential developments along the South Coast and giving ongoing planning & property advice to Chelsea Football Club.
Other assignments include ongoing strategic advice to John Lewis/Waitrose, Ballymore (on their Nine Elms site) and LB Hammersmith and Fulham on the Old Oak Common masterplan.
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Chairing panel session
Jonathan Reynolds, Academic Director of the Oxford Institute of Retail Management and a Fellow in Retail Marketing at Green Templeton College. University of Oxford.
Biography
Jonathan Reynolds is Academic Director of the Oxford Institute of Retail Management and a Fellow in Retail Marketing at Green Templeton College. He first joined Oxford to work with UK food retailer Tesco on the application of new forms of ICT and e-commerce, following time spent at the University of Edinburgh, with Coca-Cola, and at the University of Newcastle-upon-Tyne. He has spent time as Visiting Professor at the Amos Tuck School of Business Administration at Dartmouth College.
A geographer, urban planner and retailer by turn, he now teaches and researches in the areas of retailing and technology, retail and services marketing, retail innovation and retail planning and development. He has published and spoken widely on all these subjects. He is a member of the editorial boards of the International Review of Retail, Distribution and Consumer Research and the International Journal of Retail & Distribution Management. He is Editor of the Journal of Targeting, Measurement & Analysis for Marketing.
He regularly features on television and radio news and consumer affairs programmes. As Academic Director of the Oxford Institute of Retail Management, established in 1985, he is actively involved with Oxford's commercial clients in the retail, financial and leisure services sectors and, as a faculty member of SBS, teaches marketing and retailing on Oxford's undergraduate, MBA and executive education programmes.
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