Dalston Square
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+$&.1(< '$/6721 &211(&7(' Dalston Square is the largest new public space to be created in the area for more than 100 years, and the centrepiece of Dalston’s regeneration, which involves the development of over 600 new homes including shared-ownership housing; retail opportunities; financial support for artistic projects; and a new library and archive. The arts make Dalston a jewel in the capital’s cultural crown - visitors come from all over to experience what the area has to offer, such as the ituatedituateduated in the heart of a hhost borough for award-winning Arcola Theatre, the Vortex Jazz thethe 2012 Olympic and ParalympicPa Games, Club, the buzzing artistic and exhibition space of Sand newly connected to the tube network, Gillett Square, as well as a host of pop-up shops, Dalston is rapidly emerging as a top destination to installations, and galleries. People want to live and do business in London. visit here because Dalston boasts an unrivalled centre for some of the capital’s most exciting and Dalston is already home to scores of creative international bars, restaurants and cafés. industries and cultural organisations, including architects, photographers, music studios, fashion There are opportunity sites all over Dalston - this designers, web designers and publishers – and brochure will tell you more about what this town is also part of the East London Tech City initiative centre can offer your business, and why you should with commitment from major international move to one of the most exciting, fashionable and companies to invest in the area. creative areas of London. With the arrival of the London Overground station at Dalston Junction in May 2010, and the link to Highbury & Islington in February 2011, Dalston joins up the four corners of the capital, with five million passengers predicted to use the station Jules Pipe, annually by 2012. Mayor of Hackney FOREWORD 2 When I’m filming I quite often jump in the car and drive round Dalston, which is my old stomping ground. It’s absolutely no surprise to me that the area is now one of the trendiest places in London. Dalston Idris Elba, actor, The Wire, Thor, Luther Kingsland Road Rio Cinema 3 Kingsland Wharves With its arts studios, late-night bars and Art Deco cinema, Dalston has been “up and coming” for years. But the East London extension of the London Overground appears to have been the catalyst that the area needed to thrive. The Times 4 YOUR CUSTOMERS Dalston is one of the most up-and-coming New housing is also helping regenerate the areas in London. Research by Hackney Council Dalston area, such as London & Quadrant’s shows that Dalston is in the midst of the highest Kingsland Wharves scheme overlooking the concentrations of households with the highest Regent’s Canal, and an in-development site at weekly expenditure and preference for quality Haggerston, as well as Barratt Homes’H Dalston goods in the borough. Square development, and the landmarklandmark Kinetica development by Telford Homes,es, which uses itsits own The median household income in Dalston is wind turbines to generate sustainableustainable energy. £27,000 – a total annual income of £170 million – compared with £21,949 in Newham, and £38, 745 for Islington. A high level of individuals in professional and technical occupations will be your customers in Dalston: 22%, against a UK average of 13.8%, with white collar professionals making up 32% of Dalston’s workforce, while 35% of residents have degrees. The area is also home to 168 creative industries. Average house prices in Dalston went up by 39% last year, to £303,243, due in part to increased interest in Hackney as a host borough for the 2012 Olympic and Paralympic Games, according to a study by Lloyds TSB. 5 AVERAGE WEEKLY EXPENDITURE HARINGEY <£350 WALTHAM £350 – £449 FOREST £450 – £549 >£550 ISLINGTON TOWER HAMLETS CITY OF LONDON 6 PREFERENCE HARINGEY FOR QUALITY PRODUCTS WALTHAM 60% – 69% (Highest preference) FOREST 50% – 59% 40% – 49% 30% – 39% (Lowest preference) ISLINGTON TOWER HAMLETS CITY OF LONDON 7 OPPORTUNITY SITES There are a number of sites in Dalston, in addition to Dalston Square, which provide excellent retail opportunity potential in a mix of private and public ownership: Dalston Eastern Curve Garden 51-57 Kingsland High Street (Peacocks site – site C) CLR James Library site (16 – 30 Dalston Lane and 63 Beechwood Road – Site area: 1,650 sqm approximately site P) Site ownership: privately owned Site area: 2,000 sqm approximately Potential floor space: potential for approximately 578 sqm of retail with significant Site ownership: Hackney Council employment (2,312 sqm) and residential 7,000 sqm (74 units) above Potential floor space: potential for approximately 1,100 sqm of retail on ground floor with 2,000 sqm of residential above Dalston Western Curve (southern site – portion fronting onto Kingsland High Street only – site D2) Corner of Hartwell Street and Dalston Lane (27 Dalston Lane – site J2) Site area: 1,000 sqm approximately Site area: 500 sqm approximately Site ownership: Transport for London (TfL) Site ownership: privately owned Potential floor space: potential for approximately 581 sqm of retail with 2,505 sqm Potential floor space: potential for approximately 500 sqm of retail on ground floor of residential above with employment and residential above Dalston Western Curve (southern site – area above deck fronting onto Kinetica, E8: corner of Tyssen Street and Ramsgate Street (site T) Dalston Lane, including 1-7 Ashwin Street and 3 Dalston Lane – site D2) Site description: Seven B1 office / studio units in 13 storey residential and Site area: 1,380 sqm approximately commercial development Site ownership: Part Hackney Council, part TfL; the Council currently in negotiations Site ownership: privately owned to gain full ownership Potential floor space: seven ground, first, second and third floor units ranging from Potential floor space: potential for approximately 1,340 sqm of retail on ground 82 sqm to 312 sqm floor with 3,440 sqm of residential above 8 DALSTON SQUARE MarM R ar ’s L k’sk’sks Rise RRise k S E Ris A Dalston Square is the flagship regeneration St Mark’sMar R OPPORTUNITYP SITES l a c Cecilia RoadRoa e Crescentescent Alvington CrescentCr scheme in Dalston and the catalyst for the ad improvement of the area. More than 250 homes in Dalston Square y aay wway ss rossw CrossC the first phase sold out in record time – this is a oad SandringhamSSandriingham RoadRoad Campb St MaMar Johnohn Campbell Road place where people want to live. rk’s Rise k’s Rise ws d ad k Road kbeck Me escent Colvestone CrCrescent Kingsland High Street Bir Gillett Place rescent There are 10 units available at Dalston Square, Birkbeck Colvestone C Gillett Square Gillett Street nine permitted for A1, A2, or A3 use, and one Bradbury Street Chester Crescentscentenntnt on the first floor for B1 and D1 use. The units Winchester PlacePlP acece are situated around a landscaped square, with Ridley Road Ridley Road potential for outside seating. C aceccee Boleyn RoadR Infrastructure is in place to enable the square to Kingsland High Street host outdoor events. Funding has been secured T Abbot Street d for a public arts strategy for Dalston Square, to d Road d Road KingslandKi Green sland Green rd Roa r Ashwin Street Ramsgate Street Tyssen Street contribute towards a vibrant and innovative culturalral tannar D2 Stanna reet St S d programme that involves local residents and locall ada Roa J2 Grrahamahamam Ro Road Hartwell Street Hartwell W Dalston Lane oad arts organisations. o o Burder RoadR d l ParkholmeP Road a arkholmearkrkh Road ond Road P n kholme Roa Balls P d S t r ad e d e t BentlB Dalston Square ey Roadad d d a a a o o R R R e e Kingsland Road g g d d i i r r y Place y b b r s s n n ParParkholmeParkho Roa e e e e kh u u Rosebe B B B Q Q o ol u u u lme lme Road t t t t t t t e e e e r r r Road m m m d e e Buckinghamk ghaghamhamhaam e a r r r o e e MewsMMeweww e R W W W W d CCumberland C a a o l l u k k o m w b b h c e e r ln l e a B n d ClosC Infrastructure is in place to enable l o ForestFForesst RoadRoad ses e H o e M GGraceraceracee JonJoneJo the square to host outdoor events. 9 Organic shopping Shoppers Dalston’s somewhat grim reputation is fading as Londoners learn what locals already knew - it has some of the tastiest, most diverse and unpretentious food in the capital. © Photolibrary Ltd. / Jitka Hynkova The Guardian 10 Cirrik Turkish restaurant FOOD GLORIOUS FOOD Hackney has an incredibly skilled and creative A survey returned that over residents of over 900 workforce, with thousands of residents working different postcodes from London and beyond shop in the media and creative industries, including at Ridley Road Market, such is its popularity, with newspaper journalists, broadcasters, producers, over 60% visiting weekly or every fortnight. designers, digital specialists, and artists, as well MangalMangal II restrestaurant as a high proportion of graduates – and all your Dalston is also home to some of the finest auurrant potential customers and clients. international cuisine you will find anywhere in the capital, and a short walk is a round-the-world trip: For fresh fish, meat, fruit and vegetables from all Turkish, Vietnamese, Chinese, Caribbean, East and four corners of the globe, Dalston’s Ridley Road West African restaurants, bars and grocers are in Market is arguably the most international market abundance.