SPACE WORKS

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DEVELOPER
Cobstar

LOCATION
Plumbers Row, Aldgate, London EC3

STAGE
Due to complete at end of 2003

SCALE
20 new build live/work homes ranging in size from 800 to 1200 sq ft mostly with terraces

LIVE SPACE/WORK SPACE
60 per cent work space/40 per cent live space. Clear demarcation between the two

GETTING PLANNING CONSENT
The site was occupied by a 5,000 sq m factory which Cobstar bought with the aim of carrying out a residential led mixed use development. Tower Hamlets insisted that the site should be developed for live/work

FUNDING
Privately funded

TARGET MARKET
Sole traders - designers, consultants, architects, artists

NETWORKING/CLUSTERING?
None enabled

VIABILITY
Two flats sold out of six so far released o­nto market. Each is worth a minimum of £290,000.

TENURE
For sale

EMPLOYMENT IMPACT
Aims to create 20 jobs

ICT
Cap 5 cabling with broadband and ADSL connection

DEFINING FEATURES
Very high standard, finish entry qualities

CONTACT
Cobstar managing director Roger Lyon o­n 0208 452 1177




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