Moving the needle in the revitalization of High Streets: Commercial Landowners and Urban Vitality

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2024-05-06
Language
en
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Abstract
The traditional High Street, once the heart of local communities and the urban core, faces decline due to contemporary and transformative socio-cultural changes. This study explores Commercial Landowner Responsibility (CLR) principles as a means to enhance an indicator known as urban vitality at High Street locations. CLR involves real estate corporations going beyond legal obligations to support vibrant, socially sustainable High Streets. By analyzing stakeholder needs and interventions, the research shows how commercial landowners can empower urban revitalization, benefiting society and adding value to their commercial operation. A qualitative approach, including stakeholder analysis, a case study and extensive literature review, demonstrates the theoretical and practical impact of CLR to urban vitality. At its core, the study challenges the notion that urban revitalization is solely the public sector's responsibility, highlighting the fundamental role of private entities to the urban future.
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Faculteit der Managementwetenschappen