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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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