Fareham Shopping Centre, Fareham
RivingtonHark act as asset managers for the premier destination for leisure, entertainment, shopping and parking in the heart of Fareham.
Key Accomplishments –
- Reviewed and streamlined marketing budget achieving a 50% saving.
- Renegotiated service delivery and fee structure with commercialisation partner
- Undertook a complete tenant audit and continue to attend shopping centre tenant meetings.
- Engaged with comms team at the council to ensure cohesive response to queries following the acquisition.
- Exceeded our 100-day business plan since acquisition
- Set out a clear and actionable business plan mitigating rates, engaging with popup/community uses in tandem with medium term national operators to secure the cash flow
- RivingtonHark were instructed to undertake wider Master planning exercise. Key stakeholder meetings and workshops have already been held, with the first Stage of consultation completed and presented within 3 months following over 1,000 responses and 285 hours of feedback.
- Currently in the process of Stage 2, with workshops having already been held with officers regarding highlighted opportunities.
- Found a solution in regards to evening access through the centre to allow for easier permeability between the new Fareham Live theatre and West Street.
- Engaged with various departments within the council to ensure synergy between the asset management of the centre and the wider town. This has resulted in a number of the open air initiatives being trialled within the centre. i.e. Monday market, Children’s Sandpit.
Project Details
Services provided
Investment | Asset and Development Management; alongside placemaking and stakeholder engagement strategies.
Partner:
Fareham Borough Council
Appointed:
2023
Mix of Uses
Retail
Offices
Food & Beverage
Car park
Image Gallery
Latest News
January 16, 2024
Initial Findings From Fareham Town Centre Consultation Published
October 4, 2023