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Plans for lord street


Blaine

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5 minutes ago, The Duck of Atholl said:

I don't think there is/was the footfall to support this project and I would imagine the the funding of it in the current economic climate would be highly stressed.

I don't know though  - my guess would be that a lot more people are holding onto their cash instead of investing in the markets at present - and projects such as this are a good investment as they will likely only finish/open well post covid-crisis anyway.  

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3 minutes ago, asitis said:

I hope it does go ahead as planned but the cynic in me can just see apartments !

If they wanted to build apartments they would have applied to do so.  Given there is very little demand for aparments (which is why no one is building them) I don't see how you reach that conclusion.  Plus don't they have a pre letting agrement already signed by Travelodge?

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14 minutes ago, The Dog's Dangly Bits said:

If they wanted to build apartments they would have applied to do so.  Given there is very little demand for aparments (which is why no one is building them) I don't see how you reach that conclusion.  Plus don't they have a pre letting agrement already signed by Travelodge?

Fully agree. But having stayed in Lancaster Travelodge in mid February I can’t see there’d be any demand for staying at a Travelodge either.

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1 hour ago, The Duck of Atholl said:

I don't think there is/was the footfall to support this project and I would imagine the the funding of it in the current economic climate would be highly stressed.

If that were the case then why announce yesterday that work was to commence?

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43 minutes ago, John Wright said:

Fully agree. But having stayed in Lancaster Travelodge in mid February I can’t see there’d be any demand for staying at a Travelodge either.

You can't judge all Travelodges on one bad experience. I have stayed in a couple when away on business/appointments and found them to be clean and basic

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1 hour ago, John Wright said:

Fully agree. But having stayed in Lancaster Travelodge in mid February I can’t see there’d be any demand for staying at a Travelodge either.

It's a brand new hotel.  No reason why it shouldn't be a decent enough place for a short stay.  

I'm not a Travelodge frequenter myself but I can't see too many negatives.

The cinema may be a different proposition though.  Largely because the first shots appear to have been fired by Universal and it'll be interesting to see how they take the slapping down they received.

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6 hours ago, The Duck of Atholl said:

I don't think there is/was the footfall to support this project and I would imagine the the funding of it in the current economic climate would be highly stressed.

My gut reaction is that retail units will struggle as they are not where the main footfall is, ie Strand St.. Although the car park might, by default, help.

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