East Kilbride - Economy

Economy

The town centre is occupied by a large shopping centre comprising 6 linked malls, developed in phases. The malls are known by local residents as "The Centre".

The six malls are The Plaza (development started in 1972), Princes Mall (1984), Olympia (1988), Southgate (1989), Princes Square (1997) and Centre West (2003). The shopping centre has come under recent criticism for losing major retail chains in light of rising rental prices. This coupled with the Centre West expansion and decreasing shopper numbers has allowed swathes of properties within the centre to remain closed for months at a time, notably on the first floor of Centre West and the Plaza.

A £400m redevelopment of East Kilbride town centre was approved in 2006 by South Lanarkshire Council. The plan proposed demolishing some existing buildings to create a new civic centre, health centre, library and shopping facilities.

It would also see a "landmark" arts and culture complex with a 1,000-seat theatre, a 500-seat conference centre, a museum and a new town square. However the project has been indefinitely delayed.

A branch of the government's Department for International Development is located on the western edge of East Kilbride at Hairmyres.

Read more about this topic:  East Kilbride

Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)