Back
News

Covid-19 could prove the use of the high street goes far beyond the commercial

COMMENT Over the next 12 months, the impact of Covid-19 will hit our high streets hard, with many shops and services going out of business. This economic catastrophe will have a catalytic effect in the medium to long term and will bring with it the need to rethink the purpose of our high streets.

New, more resilient uses will inevitably start to take the place of vulnerable ones, accelerating the transition towards more experience-oriented high streets, where leisure, culture and employment uses play an increasingly important role. If the high street of the past was a place of financial transaction, the high street of the future will be a place of social transaction.

But how might we reimagine and reuse vacant, struggling or underutilised shops along our high streets in the short term?

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…