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Central versus Peripheral High-Speed Rail Stations: Opportunities For Companies to Relocate?
                   The cases of Reims Central Station and Champagne-Ardenne Station



                       Internal relocations (i.e. from within the Reims area) mostly took place a few years earlier,
                   in 2011, and subsequently tailed off. The total proportion of company establishments of
                   internal origin is close to 80%.
                   In the Clairmarais district, the setting‐up of firms occurred in several waves, in 2004, 2007
                   and 2010, as soon as business real estate became available. The role of real‐estate developers
                   was therefore particularly important. However, they exhibited different behaviours around
                   each of the two stations. While developers maintained their construction projects around
                   the central station, some of them postponed projects around the peripheral station amid
                   the economic crisis. For example, the Mazars group, which had bought land in Bezannes
                   with the aim of building offices just before the arrival of the HSR, sold off this land quickly
                   from 2008 onwards.

                   Centrality  therefore  probably  played  an  insurance  role  for  real‐estate  developers,  and
                   particularly for local developers, which helped in turn to reassure external developers;
                   however, by definition, this insurance effect of centrality did not benefit the peripheral
                   station.
                   In the new development area in Bezannes, the settlement of outside firms – “exogenous
                   creations” – has always been very rare. Only one exogenous creation set up in Bezannes
                   in 2013 (corresponding to 4.17% of all firms in the area). Since that date, growth in the
                   number of external relocations (16.67%) has been increasing. External locations as a whole
                   represent more than 20% of firms in Bezannes.

                   If  we  compare  company  locations  of  internal  and  external  origin  in  both  areas,  the
                   proportion  of  outside  firms  is  approximately  a  quarter  in  Bezannes,  compared  with  a
                   little over a third in Clairmarais. It is therefore fair to say that both areas mainly attract
                   local firms.
                   However, the nature of the businesses coming to Reims from outside the city is completely
                   different in each area. While Clairmarais attracts mostly exogenous creations (21.43%),
                   this proportion falls to 4.17% in Bezannes. Conversely, exogenous relocations are quite
                   rare in Clairmarais (4.76%) but are more frequent in Bezannes (16.67%). Indeed, firms
                   with large office spaces are mainly concerned by exogenous relocations. Their activities
                   require  large  offices,  of  which  Bezannes  has  a  plentiful  supply.  Furthermore,  office
                   rents  and  real‐estate  prices  are  more  attractive  in  Bezannes  than  in  Clairmarais  (see
                   above). Exogenous creations – generally smaller firms – typically seek to benefit from the
                   centrality and image of Clairmarais. Therefore, they tend to choose locations around the
                   central station.

                          4.2     The location factors self‐reported by firms

                   The location factors self‐reported by the firms surveyed are analysed first overall, and then
                   hierarchically, initially by order of citation and lastly by business type.
                   First, in both areas, the number‐one factor cited was office availability (14.93% for Bezannes
                   – at the same level as accessibility and the district’s image – and 20.23% for Clairmarais).
                   Other factors then differed (Table 5).
                   In Bezannes, the next most important factors are the proximity of clients (11.94%) and car
                   parking (10.45%); by contrast, HSR is only cited by 5.97% of firms. In Clairmarais, the image
                   of the neighbourhood, the proximity of clients and the presence of HSR were all cited by
                   10.71% of firms.





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