King’s Cross – The Upcoming District 2011
May 5th, 2011 Posted in UK Property | Comments OffA whooping 5 billion dollar pound is going to be invested around the railway station of the King’s Cross. More than 200 houses are scheduled to be launched around this area, which will convert this area into a new district before the 2012 London Olympics. Total 8 million square feet of area is going to be developed under this massive plan.
This huge project includes all the necessary things, which is required to convert this into a new district. Home zones, 50 brand new streets, invigorated canal banks, cultural and retail spaces and many more are coming up in this area.
The famous King’s cross is going under a face lift surgery, after which it will be difficult to recognize this place easily. In 2012, this place is going to be one of the crowded areas of the London city.
As many as 50 new music venues are scheduled to be built in this area. The prestigious Central Saint Martins College is shifting to its posh campus, which is located in this area. This campus of the college is going to accommodate 4,500 students. The most amazing fact is that, the King’s Cross is going to be the new venue for the London’s Fashion Week.
The upcoming housing projects at click here to see King’s Cross are going to be a mixture of affordable ones and luxurious ones. Al least 40% of the total housing units is going to be affordable ones.
The prices of the flats are yet to be finalized. According to the most of the real estate agents, the starting price of this area is going to be 800 pounds per square feet. No matter what would be the price of the flats, but the demand is going to be robust. There is a clear eagerness among the people for this area.
