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The (Re)Development of Resilient and Economically Healthy Urban Retailing Centres: An Assemblage Approach

Author

Listed:
  • Cath Jackson
  • Victoria Lawson
  • Allison Orr

Abstract

There is a large and diverse range of stakeholders with interests in the city centre. Yet, despite this diversity, they are seen to share a common desire, or aspiration, for resilience. There is diversity in how aspirations for resilience are envisioned, including, variously, the city centre as a hub for economic growth; a capital investment opportunity providing returns to meet obligations; commercial accommodation to enable sustainable business opportunities; a community hub for socialising; an attractive environment for visiting and spending time; a focus for local identity; and so on. Despite this diversity in interests, and the increasing challenges faced by all stakeholders, the common aspiration for resilience serves to bind the components into an assemblage. This research, therefore, sees the city centre through assemblage thinking and seeks to apply this theory to explore the ways that city centre assemblages may function to foster economic growth, or to hinder adaptive capacity. An assemblage approach has not been utilised in the commercial real estate discipline previously. It is adopted here to best reflect the complexities of the real estate market and wider environment, and to explore relationships between components of the assemblage (both human and non-human), to identify characteristics and capacities of elements and relationships that can hinder, and those that can enable, the adaptive capacity of city centres. Here we present insights into how the city centre can be explored using assemblage thinking, what insights are enabled by adopting this approach and some preliminary results of empirical analyses. Utilising examples of change across five UK case study cities (Edinburgh, Glasgow, Hull, Liverpool and Nottingham) the involvement of land and property owners and developers are explored to reveal the ways that social structures may work to create unique retailing destinations, or to hinder adaptive capacity.

Suggested Citation

  • Cath Jackson & Victoria Lawson & Allison Orr, 2021. "The (Re)Development of Resilient and Economically Healthy Urban Retailing Centres: An Assemblage Approach," ERES eres2021_68, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2021_68
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    More about this item

    Keywords

    assemblage theory; case studies; retail sector;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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