New guidance on evaluating the potential of retail-led investment proposals has been published, following the announcement of the Government's ‘Portas pilots' last week.
The Retail Development Investment Framework, published by the British Council of Shopping Centres and Business in the Community, aims to help councils and regeneration bodies understand the potential benefits of investment within a place, its economy and its people. The framework will help provide more transparent financial incentives and map the benefits of community cohesion, social mobility, employment and public pride.
