the shoreditch cluster 07 to 14
DESCRIPTION
quick story about shoreditch, the rise of the cluster, the different dynamics underpinning its rise, and the challenges it now faces.TRANSCRIPT
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Old Street Wasn’t a Destination
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Then This Happened
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The Opposite of Broken Windows
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Density of Talent
Agencies and StartupsDesigners, developers, digital makers
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Makers Led The Way
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Art, Fashion, Music, Tech
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Some of Us are Rock Stars
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It takes a Village
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We need strong local Communities
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Handmade Furniture
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Temporary Spaces
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Politics and Development
• Tech City Organisation primary goal inward investment– Mayor’s Office takes on that mantle
• Municipal support– Hackney Council industrial activism, Regeneration– Tower Hamlets wasn’t in the game
• The Big Event – The Olympics was a booster– but Tech City East failed (top down)
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Challenges
• Commercial rents have tripled in 18 months– Even the New Fringe is getting expensive
• Residential property values skyrocketing• Angel, VC structures still immature– A lack of major grassroots success stories
• Everybody wants an incubator