#1168 – The Social Entertainment Explosion – Part 3
We have recently covered the explosion in investment in ‘Competitive Socializing’, ‘Family Entertainment Centers’ (FEC), and ‘Urban Entertainment’ properties. Many of these sites are seeing their embryonic rise from UK-based developers. In our previous coverage, we focused on the country’s capital as the incubator of this rise. But in this third part, we look at the growth beyond London across the country, thanks to new investment. Northern Exposure The monopoly of London opening new social entertainment venues has been broken, as new venues percolate outside of the metropolis. The Gravity Active Entertainment group announced plans to open ‘Gravity Liverpool’ before the end of the year. This £10m investment is part of the new entertainment venue within the new Liverpool ONE area. Once again, this mixed entertainment venue is placed within a previously closed Debenhams department store in the city and […]