Economy
Enfield Town centre underwent major redevelopment work, completed in Autumn 2006. A large extension to the existing shopping centre was built, under the name Palace Exchange. Many branches of chain stores already existing in Enfield Town centre were relocated to the new extension, and there are some completely new stores. In the summer of 2011 an abandoned building (previously a bingo club) on Burleigh way in the town centre was demolished and replaced with brand new apartments which were completed in the spring of 2012. There is also space for six commercial units and public art. Another two new apartments are currently in the building process on Silver Street and Southbury Road. There are also plans for a fourth new block of flats to be built which will go ahead if the council allow it.
Read more about this topic: Enfield Town
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)