If you want an example of how the current economic situation is hitting retailers, take a walk along Manchester’s King Street.
Walking around Ancoats recently I noticed how many of the buildings (many old cotton mills) are still empty. Some are semi-derelict, in other cases the shell has been tarted up a little, but not much done inside. It’s hard to know how many apartments in the converted and newly-built blocks are occupied. If it hasn’t been possible to ‘regenerate’ this area completely during the property boom of the last few years the question is: will it ever happen now?
I saw this sad ad in an estate agent’s window on Deansgate. In case you don’t know, the building that was The Hacienda nightclub was completely demolished in 2002. An apartment block was put up on the site and is now marketed as ‘The Hacienda’.
It seems that Manchester’s Afflecks Palace has been saved.
