Article: Look beyond the facade: Regent Street is fast becoming a mecca for flagship stores as restrictive tenancy agreements expire, giving retail designers more freedom.(News Analysis)

A HEFTY 300 [pounds sterling] lease value places Regent Street just behind Park Lane and Mayfair as one of the most prestigious locations on the Monopoly board. Stay over in an opponent's hotel and you could expect to pay more than 1200 [pounds sterling] for the privilege.

It's a posh plot, indeed, and located in the heart of London's West End. However, a long-term tenancy agreement created more than 80 years ago has stifled retail regeneration until recently. As current leases begin to expire, Regent Street owner The Crown Estate is taking the opportunity to embark on a 500m [pounds sterling] makeover of the area. The first fruits of these labours will be ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!