Chesterfield Borough Council has appointed Milligan as the strategic asset manager for The Pavements shopping centre, applying its experience in town centre regeneration, strategic leasing, asset management and repositioning to play a key role in unlocking The Pavements’ full potential as a cornerstone of Chesterfield’s regeneration.
The Pavements is owned by Chesterfield Borough Council and strategically positioned between the town’s historic market and bus station.
Now, with the support of Milligan’s expertise, the Council will review The Pavement’s role in Chesterfield’s town centre as public realm improvements progress. It’s current occupiers include Tesco, WHSmith, Boots, other national retailers and a selection of independent businesses.
Working in partnership with Chesterfield Borough Council, Milligan will develop a strategic action plan for The Pavements, ensuring it meets the needs of the community while supporting Chesterfield’s regeneration.
The plan will focus on maximising the shopping centre’s value to its occupiers, enhancing its appeal to Chesterfield’s growing catchment, and integrating it seamlessly with the town’s ongoing transformation.
Alex Hyams, Head of Asset Management at Milligan, said: “Milligan has a long history of successfully delivering strategic asset management interventions to unlock performance for challenged schemes.
“We’ve worked across the country with mixed-use and retail-led destinations and bring a very experienced team. As the role of town centres evolves, shopping centres like The Pavements must adapt to meet the changing needs of their communities.
“Chesterfield is a location we know very well, it brings a unique blend historic character, walkability, good infrastructure which supports the growing tourism appeal of town and the surrounding Peak District. We’re excited to be working with such a forward-thinking Council, where important public realm works are already underway.
“Alongside this, The Pavements has the potential to become a cornerstone of Chesterfield’s regeneration and visitor experience and sustainable offer for the local community.”
Cllr Tricia Gilby, Leader of Chesterfield Borough Council, said: “We’re thrilled to welcome Milligan to the team as we work to enhance The Pavements as part of Chesterfield’s town centre transformation.
“Milligan’s impressive track record of revitalising retail-led destinations, combined with their understanding of Chesterfield, makes them the ideal partner to help realise our vision.
“The Pavements will play a vital role in delivering a stronger, more vibrant town centre that benefits our residents, businesses, and visitors.”
