Sunderland Area Developments - St Mary's Way, Vaux, New Wear Bridge etc
Sunderland Area Developments - St Mary's Way, Vaux, New Wear Bridge etc
(25 Oct 2014, 11:23 am)Andreos1 Speculate to accumulate - means spending money now, in the hope that you get that money back in the future.
So although that retail park isn't the busiest in the world at the moment, by building those extra units now - once the bridge is constructed and more traffic passes the site, it may lead to increased custom and may attract business to the new units.
Retail World at Team Valley and the retail park at the Metrocentre, were built in the late 80's, basically on the same principle.
The Metrocentre was built, the western bypass was extended and traffic in the area increased.
All of a sudden, that side of Gateshead attracted shoppers - shoppers who wouldn't have been in the area just a few years previously.
Hope that helps?
(25 Oct 2014, 11:23 am)Andreos1 Speculate to accumulate - means spending money now, in the hope that you get that money back in the future.
So although that retail park isn't the busiest in the world at the moment, by building those extra units now - once the bridge is constructed and more traffic passes the site, it may lead to increased custom and may attract business to the new units.
Retail World at Team Valley and the retail park at the Metrocentre, were built in the late 80's, basically on the same principle.
The Metrocentre was built, the western bypass was extended and traffic in the area increased.
All of a sudden, that side of Gateshead attracted shoppers - shoppers who wouldn't have been in the area just a few years previously.
Hope that helps?
