Creative spaces
In this speed read we look at the demand for locations where creative industries take place
- Research commissioned by the Creative Land Trust illustrates an outperformance of residential values in areas with a cluster of creative industries.
- Creative industries include all types of artists, screen printing, film making, music, performing arts and rehearsal space.
- Case studies across London and the Thames Estuary were used but the findings will apply in any location.
- The results are hard evidence that successful placemaking by developers translates into increased demand and ultimately economic value.
- Source: Dataloft, Ramidus Consulting, Hawkins\Brown, Creative Land Trust, Creative Estuary & Get Living, based on comparison of prices within a 10-year window in London