New Artistsā Hub to open
Developers have today announced that a new creative hub is to open in the centre of Londonās Artist District. The announcement comes as part of an exciting new scheme that plans to subsidise artistās renting costs.
A spokesperson from the initiative explains how it will work:
āWe recognised that artists need space in order to ādo their thingā but space these days costs a premium. We also realised there there are people out there willing and able to pay that premium in order to live in an up-and-coming area, so our scheme has found a way to bring them together.
āWe provide artists studios to the artist for free. We then convert the surrounding space into luxury living apartments and rent it to wealthy individuals who want to take part in the warehouse lifestyle. These individuals are then free to watch or simply āchillā in the vicinity of real artists in their natural habitat. Itās a win win.ā