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 counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)