Despite its proximity to London’s financial district, in the 1980s and early ’90s Shoreditch was a forgotten part of the capital, largely made up of empty Victorian warehouses. Then artists and creatives moved into the area – space was plentiful, and property was cheap.
In line with its new-found popularity, house prices began to rise. And it was the announcement of a plan to make Shoreditch the home of Tech City UK (aka Silicon Alley or Silicon Roundabout) that accelerated the regeneration of EC2.
With a £750m mixed-use development, known as The Stage, scheduled to open next year and more major property projects in the pipeline, here the facts and figures behind the Shoreditch scene and its myriad opportunities.
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