Correspondence: Bob Thompson, RETRI Group 44 Stewart Avenue Upminster RM14 2AF, UK Tel: +44 (0)7703 234251, Fax: +44 (0)870 460 1732, E-mail: bt@retrigroup.com

¹is Director of the RETRI Group, established in 2001 as a specialist real estate research boutique. He is a past President of the European Real Estate Society, a visiting research fellow at Reading University and a senior research associate at the College of Estate Management.

Received 21 March 2005.

Abstract

This paper looks at the potential impacts of Crossrail upon the retail sector along the route of Line 1. It establishes a retail hierarchy of locations along the route, and looks at the interactions that may exist within that structure. The paper identifies the sources of retail demand and its characteristics, in particular its propensity for mobility from centre to centre. Drilling down, the paper identifies specific locations that will see a negative impact during the construction phases of the project, and the opportunities that may arise as a result of the redevelopment.