How will this scheme contribute to economic growth of the area/City?
This development will bring a mixture of economic growth from financial status, to goods of products and foods
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The community will have access to low rent spaces in order to help grow their businesses in the first phase, if this becomes successful then the rent will increase slightly to help grow a stronger economy
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With some local cafes and restaurants having set lots in order to promote growing their own ingredients
What sectors of the economy will it seek to target?
The main priority of this development is to connect the old and new communities together, through activities, jobs, and opportunities, which will benefit the communities local economy for further growth
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There will also be a strong inclusion for boosting and contributing towards London's larger economy, done by developers contributing to bring in the money, while keeping the community as priority
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With cheaper rent for starting businesses to begin, then in phase 2 rent will slightly increase if they are becoming successful
What type of jobs will be created?
There will be an extreme variety of jobs available on the site, from the younger generations figuring out how jobs work, to community workers and volunteers, growing businesses that need the small push, to top brands and company offices in the area.
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The community buildings will be focused on volunteers and community workers in helping grow the local economy, by providing home grown fruit, vegetables and plants.
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The business sector will be starting business with phases introduced to help boost this and helping them grow, as well as the inclusion of larger companies, who will provide summer schemes and work experience for younger or aspiring generations.
How will it help rebrand the area?
The area of the site has little to no community already so creating a new one will just require bringing in surrounding communities and creating its own with connection and historic identity.
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It will help connect everyone rather than just creating its own community bubble, with this style of connectivity it will thrive more and become a more self-sufficient community circle, especially with its vegetation growth and job opportunities.