Economic Development Minister Backs Proposal to Tackle Vacant Properties

A proposal aimed at reducing the number of vacant commercial properties in Jersey has received backing from the Economic Development Minister, who advocates for amendments to ensure the plan is “proportionate and achievable.” Deputy Kirsten Morel expressed his support for the initiative introduced by Deputy Helen Miles, which seeks to establish a mechanism that discourages long-term vacancies through potential penalties.

In detailing his intentions, Deputy Morel acknowledged the well-meaning nature of Deputy Miles’ proposition. He stated, “I wish to acknowledge the well-intentioned nature of Deputy Miles’ proposition and support the aim of reducing vacancy in commercial properties to enhance the vibrancy and economic resilience of our retail areas.”

The minister’s proposed amendments aim to create a regulatory framework that balances effective oversight with the need to maintain Jersey’s reputation as an attractive investment destination. He highlighted the need for interventions that are both effective and realistic, reflecting the unique characteristics of the local economy.

Focus on Local Issues and Future Actions

Deputy Miles has pinpointed the problem of vacant properties as particularly pressing in her home parish of St Brelade. In her view, this issue significantly contributes to a decline in community vibrancy. In response, Deputy Morel noted successes in promoting “meanwhile use” of commercial units in St Helier and expressed a desire to collaborate more closely with retailers, landlords, and local officials in various parts of the Island.

Additionally, Deputy Morel is advocating for a comprehensive review of commercial leases and the establishment of best practice guidelines for property maintenance, with a target completion date set for the end of 2026. He also plans to conduct an assessment of all commercial properties in Jersey, particularly focusing on retail spaces to pinpoint areas experiencing significant vacancy rates. This assessment aims to inform future policy decisions and strategies to mitigate vacancy challenges.

Upcoming Assembly Debate

This matter is scheduled for discussion at the next sitting of the States Assembly on November 11, 2023. The outcome of this debate could lead to significant changes in how vacant commercial properties are managed within the Island, potentially reshaping the landscape of local business.

As the economic climate continues to evolve, the push to address vacant properties reflects broader concerns about maintaining a dynamic and resilient retail environment in Jersey. The proposed changes could serve as a model for other regions facing similar challenges, highlighting the importance of proactive measures in local economic development.