Here the façade is in the mock-Tudor style fashionable in the 1930s, which still dominates the north side of Knifesmithgate. In 2001, the Chesterfield and District Co-operative Society was incorporated into a larger regional Midlands Co-operative Society Limited, now the biggest independent retail society in the UK. Owing to a decline in retail sales, the large home and fashion Co-op department store closed at the end of July 2013, The area is being redeveloped with restaurants, a hotel and a gym and due to open in 2019. In the late 1970s a large area between Low Pavement (in the Market Square) and New Beetwell Street was demolished (except the original shop fronts) to build "The Pavements" shopping centre, known by some as The Precinct, which was opened in November 1981 by the Prince and Princess of Wales. It has entrances opposite Chesterfield Market and escalators leading down to New Beetwell St and the bus station. An enclosed bridge links the site to a multi-storey car park built at the same time, adjacent to the town's coach station. Chesterfield's multi-storey library stands just outside The Pavements in New Beetwell St. The building was opened in 1985. In annual figures compiled by the Chartered Institute of Public Finance and Accountancy it ranked fifth in the UK for number of loans in 2008, rising one place on the previous year. The area beside the library was redeveloped, but retains the old narrow passageways while accommodating small shop units and offices. On 27 June 2007, the Somerfield store in the Precinct was gutted in a fire in which the roof collapsed. Only a few shoppers suffered minor injuries. The fire reportedly started after a welding torch being used to repair flood damage had been left ignited. It started at 13:10 on 27 June and was not extinguished until 23:30 that day. All shops in The Pavements were closed and evacuated. Other areas including the Market Hall were later evacuated as the smoke became worse. After the fire, Somerfield decided to cease trading in Chesterfield. The unit re-opened in September 2008 as a Tesco Metro store. Vicar Lane was redeveloped in 2000 as a pedestrianised open-air shopping centre. This meant demolishing almost all of the existing buildings, including a Woolworths branch and a small bus station. The project was so large that two new shopping streets were created. It now includes major chains such as H&M and Argos.