Council plans to close Park Street are backed by a private sector report by the council’s ‘private sector capital partner’, Arcadis – Queens Road, Triangle and Park Street – Economic Benefits Review.
The report claims that the proposal will generate a large 28.5 per cent increase in economic activity for the retail and food sector and a 19.64 per cent increase for the office sector.
Fantastic news until you learn from campaigners that the research Arcadis used to ‘prove’ these economic benefits is derived from US research from the 1960s about pedestrianising shopping malls.
The data is therefore 60 years old and, in three cases, malls were reopened to traffic to stop the economic decline caused by, er, pedestrianisation!
More dodgy bullshit from the Greens.


