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Offline Dave

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Tesco latest
« on: March 14, 2013, 01:05:38 AM »


http://stevemccabe-mp.org.uk/node/424

Stirchley residents get answers from Tesco about new store.

Steve McCabe MP, Birmingham Selly Oak, held a busy meeting of Stirchley residents for an update from Tesco about the planned store on Hazelwell Lane.

For full details click on link above.

Offline Dave

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Re: Tesco latest
« Reply #1 on: July 19, 2014, 09:21:33 AM »
Just wondering if things are about to change!

http://www.theguardian.com/business/2014/jul/18/tesco-unlocks-landbank-to-build-4000-new-homes

Tesco unlocks its landbank to build 4,000 new homes
£1bn building plan comes after revelation of 310 unused sites, with retail plans shelved due to shift in shopping habits.

Tesco is to build 4,000 new homes in an attempt to make use of its vast undeveloped landbank with a £1bn construction programme.

The plan, announced weeks after the Guardian revealed that Tesco is hoarding land that could support 15,000 homes, is the biggest housebuilding project ever announced by the supermarket.

A Guardian investigation of Land Registry records found that the retailer was sitting on 310 sites that do not currently house a Tesco store.

Among the Tesco sites set for housing developments following Friday's announcement will be Welwyn Garden City, Hertfordshire, close to the retailer's operational headquarters, where it plans to build more than 700 homes on a site where it previously planned a store.

The trade journal Property Week said the majority of the sites will be in the south-east of England but developments are also scheduled further north, including in Liverpool and the west of England. Schemes include 80 houses and flats on the former Evershed printing works site in St Albans, Hertfordshire.

Tesco said it was likely to build homes itself via its development wing, Spenhill, while also selling sites to housing developers, in a programme that has been valued by Property Week at £1bn, based on a valuation of £250,000 per home.

A Tesco spokesperson said: "In response to changing customer shopping habits we have decided to reduce the amount of new store space we build each year, building fewer large stores. Where we no longer intend to develop sites, we sell them, lease them or develop them for housing.

"We are pleased to be bringing new investment to communities up and down the country and playing our part in meeting local housing needs over the coming years."

Last April Tesco boss Philip Clarke cut the value of about 460,000 sq m of its land by £800m as he admitted the company would have to sell off land where it had previously planned to build stores, store extensions and distribution centres. However, the company has been slow to act as the most ready buyers for much of its land stock are likely to have been rivals such as the fast-growing Aldi and Lidl chains.

Retail analysts said Tesco was now turning to housing developments because residential development was more economically viable. The poor performance of out-of-town supermarkets meant the land was not necessarily worth more if it was dedicated to new retail sites.

Clive Black, an analyst at Shore Capital, said Tesco was under pressure to act due to public and political demand for space to build housing, alongside calls from shareholders to recoup some of the value of the land.

"This is a silver lining on a very dark cloud," said Black. "Tesco is at least trying to maximise value after a high-profile profits writedown but it's not clear how much it will be able to claw back. It's a sensible move and better than building a Tesco store that's not economic or selling to the competition."

Tesco already has a policy of building homes above or beside its stores as part of efforts to gain planning permission. In London alone, Tesco was set to build more than 800 homes last year, close to 5% of all non-local authority homes being built in the capital. That included projects in Woolwich, Highams Green and Streatham, where Tesco built a total of 450 homes.

Other supermarkets are also developing housing, with at least 4,500 homes expected to be built by the major grocers between 2013 and 2018. J Sainsbury was set to begin projects involving more than 1,500 homes this year, including a partnership with Barratt on a major development in Battersea, south London, which includes 700 homes and a new tube station. Some developments are smaller in scale. Waitrose has developed a number of stores topped by flats, while many retailers are turning redundant pubs into convenience stores with housing above.



Offline Kwacky

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Re: Tesco latest
« Reply #2 on: July 19, 2014, 06:43:37 PM »
Interesting.  I guess it is possible. 

Offline villan

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Re: Tesco latest
« Reply #3 on: July 21, 2014, 03:25:59 PM »
Wrong choice in the first place anyway... :(

Offline Dave

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Re: Tesco latest
« Reply #4 on: September 29, 2014, 11:05:34 PM »

Offline JJ

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Re: Tesco latest
« Reply #5 on: October 02, 2014, 05:09:10 PM »
If they build houses the people will need a supermarket...Come back ASDA

Offline Kwacky

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Re: Tesco latest
« Reply #6 on: October 03, 2014, 11:46:17 AM »
I see Kings Norton managed to knock out the two applications for supermarkets

http://www.birminghampost.co.uk/business/business-news/plans-sainsburys-co-op-supermarkets-blocked-7872405

Although that does suggest that there is a way back in for the Co-op should it decide to change the design of the frontage.

Offline Jon Price

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Re: Tesco latest
« Reply #7 on: October 06, 2014, 07:30:23 AM »
Once again an appeal goes out to all parties concerned to give the folks an honest and open appraisal of what/when things will transpire in Stirchley. (Tongue in Cheek)
Having deferred opening by at least another two years in this area,does this also mean the Monaco House development on  Bristol St will also be deferred?
Will still continue to boycott the Co-Op due to their tactics employed during the bidding process.

Offline Kwacky

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Re: Tesco latest
« Reply #8 on: October 06, 2014, 10:29:36 AM »
Personally I've got nothing against the Co-Op.  People have a choice where they go to shop, if they don't like the Co-op then don't use it.


Offline villan

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Re: Tesco latest
« Reply #9 on: October 06, 2014, 04:48:20 PM »
Exactly Kwacky, if anyone does not want to shop at the Co-op they should please themselves.
How sad it has all turned out that the greedy council and a few Co-op haters wanting to try and make a point, have left the area blighted for years to come.

Offline phill61

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Re: Tesco latest
« Reply #10 on: October 07, 2014, 08:19:19 AM »
Do you not realise that if the Co op hadn't kept appealing against Tescos plans it would have been built years ago, then the area would have had some regeneration. I remember the days before the co op was a food store and when they changed over did they give a damn about the small retailers in Stichley did they hell, all the small shops went to the wall and as a result this is the Stirchley of today.   

Offline villan

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Re: Tesco latest
« Reply #11 on: October 07, 2014, 01:12:01 PM »
Not necessarily so though phill61, there are Tesco plans all over the country that have been in place for years without movement on them. The Co-op offered an alternative that would have given the area far more than just another faceless supermarket, however the narrow minded council or should that be greedy council, decided for some reason  ;) that Tesco was the better option, along with a few who thought one supermarket was dominating so should have another to double dominate. The choice made for the site has proved not to be a good one, though you can hardly blame the Co-op and others who had their eye on it for putting their case.....just as Tesco did. If one or two people had taken the time to look at the way Tesco had previous in these cases, we may now have a valuable piece of land providing employment, housing and a reason for shoppers to come to the area. Lets be honest, its not as if there are not enough supermarkets within a few miles of here anyway.           
I also remember the days before the Co-op site was predominately a food store, including when the Co-op occupied a fair number of shops up the village. I remember as you probably do the Co-op grocery shop, bakery and cakes, works department, transport department, dairy etc etc....all giving employment to the area. Its a sad fact that they have closed over the years for the area, however i'm sure other distributors and suppliers have benefitted. I doubt we would see the re-emergence of the small shops as we knew them if Tesco do ever get their act together, and based on the experience of other areas that fall under the spell of Tesco or indeed Asda, its more likely that those remaining would go to the wall. 

Offline Kwacky

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Re: Tesco latest
« Reply #12 on: October 07, 2014, 01:30:56 PM »
Small local shops will struggle if there is no where for the shoppers to park. 

Offline phill61

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Re: Tesco latest
« Reply #13 on: October 08, 2014, 01:15:00 PM »
I think at the end of the day we all want the best for Stirchley whatever that maybe.
One thing i cannot understand, is why do the council seem to be able to spend money on Northfield & Kings Heath to make them nicer but Stirchley always gets forgotton, i think there is more going on behind closed doors than we realise.

Offline villan

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Re: Tesco latest
« Reply #14 on: October 08, 2014, 04:34:14 PM »
You are right there Kwacky....even a temporary car park on the ground would be better than nothing. Mind you, it would just become a pikies site or an extention to Lifford tip given recent reports.

I don't know about the best phill61....anything would be nice  ;)
You are absolutely right about the council doors, though Northfield is being shoved out in preference to Longbridge now. I can see Northfield going downhill just to score some points for the Labour councillors. This council is a complete joke...but sadly the good people of B'ham are the butt.