WHAT WILL REPLACE THE SOCIAL GLUE THAT THE HIGH STREETS HAVE PROVIDED?
As a result of global economic downturn, out of town and online shopping, and rising rents in London, the face of the high street is changing. Across England the rate of shop vacancies stood at 13.3 per cent at the end of 2014 . These vacancies create a downward spiral for the local retail sectors as shop closures reduce footfall. Both sides of the political spectrum recognise this change as important due to its social and economical value, however, too often financial gain is placed above social value.
Where the GLA (Greater London Authority) is promoting culture as important to the high street, as it ‘could increase house prices by up to 30 per cent’ , communities are losing control of their own high street. There is an opportunity to challenge this situation by re-imagining the potential uses of these vacant spaces on the local high street. What can replace the social glue that high streets have provided for communities in the past?