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Why this won't work: You can't build a startup cluster to "renew an area". It doesn't work like that. Old Street works because the location is decent (safe and
by ig1 16y ago
Why this won't work: You can't build a startup cluster to "renew an area".
It doesn't work like that. Old Street works because the location is decent (safe and well connected), it's cheap and the other companies there. The area has to attract people who want to work there and you can't artificially build that.
The location they're proposing put this new tech area goes through the area known as "murder mile". Yes it's cheap, but it's high crime rate means startups aren't going to locate there. It would be like trying to build a startup cluster in the Bronx because it's near the NY startup community.
- tav 16y agoGot a link for the tech cluster going through murder mile statement? I only saw mentions of "East London" and "Olympic Park". Also, having lived in murder mile, I don't really see how it's unsafe nowadays. Definitely sucked with regards transport though. Only so many night buses one wants to take in life =)
- russss 16y agoThe article says "a tech cluster that they hope will stretch from Shoreditch and Old Street to the Olympic Park." I suspect it will just cover Old Street and the Olympic Park though.
- radicaldreamer 16y agoSee... startups in the Mission