We have created a homage to riding a bike on a Summer’s morning around Hackney. Thanks to progressive urban planning Hackney is a cycling paradise with little traffic and lots of cycle lanes. Have a look…
Queen Elizabeth Olympic Park will be a new area of east London for communities to grow and develop. There will be five new neighbourhoods built on the Park and up to 8,000 new homes; Chobham Manor will be the first neighbourhood to be developed, located between the Lee Valley VeloPark and the Athletes’ Village in the north-east of the Park. It will be centred around 800 new homes and 3,000 sq m of community and ancillary facilities, including a polyclinic, two nurseries and a community centre.
The four other neighbourhoods are: East Wick which will be in the north-west of the Park, next to Hackney Wick; Sweetwater near the Old Ford area, in the south-west of the Park; Marshgate Wharf will be between Stratford City and the Stadium, to the south-east of the Stadium; and Pudding Mill will be the area in and around Pudding Mill Lane station.
Click image to launch 360 tour
The London Evening Standard reports that the announcement in America that interest rates are expected to be held at their current level until 2015 is reassuring for mortgage borrowers in the UK. If the US keeps rates low, the Bank of England will have to follow. Read more here.
The venerated National Geographic has a feature on East London in this months issue. This caption appeared beneath a photo of some trendies on Broadway Market “On Saturdays, East London’s newest arrivals—the young and affluent—linger in trendy cafés and trawl the stalls of Broadway Market. Formerly a locus of garden-variety fruit and veg stands, the market now offers eco-friendly bamboo socks, loin of venison, and hand-sliced smoked salmon.” Click image to go to gallery.
Trendies on Broadway Market
The good people at Tropolis have put together an excellent guide to east London during the Olympics. Written by someone in the know and well worth a browse, click the image below to go directly to their site…
Click to go to Tropolis
The Evening Standard reports that the majority of the capital’s population now lives east of Blackfriars Bridge. This remarkable demographic shift to just beyond the Square Mile’s ancient walls is largely due to new transport links — the Jubilee line and the East London line extensions among them — that have combined with riverbank regeneration to revitalise City fringe districts, now bursting with dot.commerce businesses and new cultural and leisure attractions.
Truman Brewery Brick Lane
The Econmist this week has a special report on London. This is London’s year. London has resisted Britain’s relative decline. Globalisation is distilled and concentrated in London, making it the world’s most international city. New York has as many foreign-born people as London—a bit more than a third—but its businesses look to America, whereas London’s look out to the world. Read more here or watch the video.
Fascinating stuff.
A majority of Londoners who rent their home say they have been priced out of property ownership forever.
London Councils, which represents all local authorities in London, commissioned Ipsos MORI to survey Londoners on the capital’s housing stock and market.
The poll found that six in ten renters and half of all private sector renters do not expect to ever be able to buy their own home.
The London Evening Standard reports that thousands of new homes for rent are being built in London aimed at young people who have made a lifestyle choice to be tenants, says David Spittles
London’s resurgent rentals sector is leading a nationwide boom in private lettings that will change the face of the property market over the next decade.
Private renting now accounts for 27 per cent of all homes in the capital and has overtaken social renting, which accounts for 24 per cent.
The London Evening Standard reports from the fringes of the park-cum-outdoor catwalk that is London Fields. Unfortunately nobody from Team Findlay caught the photographers eye.
Click image below to go to gallery:
Click to go to gallery