How to ensure prosperity for 2030's West London
Oct 12 2010 A sub-regional economic forecast by West London Business
It was predicted in the London Plan that the sub-region would experience good growth, however, due to the events of the last two or three years the London Plan is now out of date and revisions need to be made to reflect these changes.
The future may not be as bright as the London Plan envisaged but the prospective economy of west
West London Business, the Chamber of Commerce for West London has looked ahead to 2030, producing a medium to long term forecast to establish if the areas assets will continue to flourish and address the issue of whether west
Frank Wingate, Chief Executive of West London Business will be presenting a sub-regional economic forecast at Place West London, a one-day conference and economic summit for the region held at Chelsea Football Club on 14th October 2010.
Frank Wingate provided a preview of the forecast by saying: “The view is that if the region maintains and nurtures its assets, its good skills force, the knowledge institutions such as the
Frank continued: "Fundamentally the future west
The different outlook is anticipated due to a lack of demand from big organisations wanting vast space, requirements are diversifying reflecting a change in working practices, and more community based working. The new generation are also very technology savvy, more mobile without the permanent office space requirements of past generations.
As a result big iconic office developments will not be as evident; instead there will be a continued focus on mixed use development with smaller flexible office space alongside residential. Town centres are expected to experience considerable change as a result of regeneration.
Frank concluded by saying “
The session at Place West London will provide detailed findings of the economic forecast for the sub-region.
Place West London takes place at Chelsea Football Club on 14th October 2010; please visit www.placewestlondon.com for further information.