Case Study - Coin Street

AQA A-Level Geography - Changing Places

What are/were the aims of the CSCB?

• Prevent displacement of local families

• Regenerate area into a mixed-use neighbourhood

• Dveelop affordable housing

• Create employment opportunites

• Maintain public spaces and acces to the river

• Financial independence

What is the brief History of Coin Street?

• 1960s decline: offices and commerical developments - deline in residential population

• Derelict land: 13acre site became abandoned and was targeted for commercial development - hotel - would displace many families

• Coin Street Action Group - campaignes for affordable housing and open spaces

• 1984 - Greater London Council helped the ation group to buy the land at a reduced price

• Formation of CSCB: Coin Street Community Builders - non-profit group responsible for development and management

• Secured loans from the GLC , Greater London Enterprise Board and private mortgages

• Only local residents could join the CSCB ensuring community-led decision-making and long term stewardship

How did they achieve what they wanted?

• Formed CSCB

• Planning regulations to limit commercial development

• Financed projects through loans, grants, money from temp land uses (e.g. car park)

• Transformed OXO Tower Wharf into a mix of social housing, retail and restaurants

Whta was the CSCB’s organisation and development approach?

• Mixed use model - combined social housing, commercial spaces and public facilities

• Co-operative housing - four housing co-operatives where tenants collectiviely manage their buildings

• Projects - Coverted OXO Tower Wharf, public gardens, improvement of public spaces and transport links

What is the coin street area like today?

• Mixed-use neighbourhood with approx 1000 residents in cooperative housing

• Popular destination with gardens, riverstide walkways, public spaces and cultural attractions

• Continued to focus on sustainability, high design standards and social enterprise

• Home to commerical enterprises that generate income for community initiatives