TECH GI­ANTS LEAD THE WAY

Evening Standard - West End Final Extra - ES Homes and Property - - New Homes -

Other tech gi­ants are re­shap­ing the prop­erty map. Google is ex­pand­ing by 3,000 staff its Euro­pean HQ at King’s Cross, while Face­book, Snap and In­sta­gram have re­lo­cated to Fitzrovia.

King’s Cross is one of the lower-priced Zone 1 dis­tricts. Though it is rel­a­tive, for a new two-bed­room flat costs just un­der £1 mil­lion. Ar­gent, de­vel­oper of the new King’s Cross Cen­tral busi­ness dis­trict, says at the out­set one of the key re­gen­er­a­tion con­cepts was a “live­work-play tri­an­gle” in­te­grat­ing homes, of­fices and leisure in one place.

It has been so suc­cess­ful that town plan­ners across the globe use it as a model for ur­ban re­newal projects. Other de­vel­op­ers are rid­ing on the coat IT TAKES ar­chi­tect Ben Ed­g­ley 20 min­utes to walk to his of­fice at The Bis­cuit Fac­tory, a small busi­ness “vil­lage” in Ber­mond­sey.

Ed­g­ley, 31, set up Ar­chi­tects (con­for­mar­chi­tects. com) a year ago and moved from Ca­nary Wharf to a rented flat in Rother­hithe.

“Be­ing able to walk to work was high pri­or­ity. Not just for the con­ve­nience, but to save money to help us save a de­posit to buy,” says Ed­g­ley, pic­tured with Michelle, 27, his part­ner, who works for Mul­berry. “I love the walk to work, and it’s a great way to or­gan­ise your thoughts. My quick­est route is along­side rail­way tracks, quite in­dus­trial and raw, but a hugely in­ter­est­ing ur­ban land­scape, and full of sur­prises. All sorts of busi­nesses — florists, brew­eries, theatre stu­dios — use arches along the way. If I fancy a change, I take a de­tour through South­wark Park, which is green and calm­ing.”

His prac­tice is based at the for­mer Peek Frean fac­tory, fa­mous for Garibaldi and Bour­bon bis­cuits, be­ing re­de­vel­oped by busi­ness space provider Workspace and posh prop­erty com­pany Grosvenor. More than 800 homes will be built at the site along­side of­fices and stu­dios.

While a home in Zone 1 is beyond the bud­get of most buy­ers, there are still rel­a­tively good-value parts of Zone 2 within a 30-minute walk of Lon­don’s main em­ploy­ment dis­tricts.

Zone 2 starts at the car con­ges­tion charge bound­ary and stretches to Ac­ton in the west, Arch­way in the north, Po­plar in the east and Brix­ton in the south. Many of the ar­eas have av­er­age prices be­low £500,000.

Start your search just out­side the con­ges­tion charge zone and ex­plore Whitechapel, Shad­well, Hag­ger­ston, Beth­nal Green, Lam­beth, Cam­ber­well, Kil­burn, Ken­ning­ton, Rother­hithe, Stock­well, New Cross and Nun­head.

Hack­ney’s heart­land has the ad­van­tage of be­ing equidis­tant to the Square Mile and Ca­nary Wharf, with canal paths pro­vid­ing a car-free con­duit for those who jog or walk to work. The dis­trict also has a flour­ish­ing live-work sec­tor that cre­ates a unique char­ac­ter. WeWork, now Lon­don’s big­gest provider of co-work­ing of­fice spa­ces, has made a bee­line for this area.

A for­mer in­dus­trial zone bor­der­ing Lon­don Fields has been turned into a hip­ster haven of de­signer homes and workspaces, ate­liers, a craft beer premises, vinyl mu­sic shop, ar­ti­san

two-bed­room flats with bal­conies and com­mu­nal gar­dens at Co­rio, Ber­mond­sey (01883 787 120)

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.