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April 08, 2008

Regenerating Dalston

From Easier Property:

"Barratt has started work on one of London’s key strategic regeneration schemes, the £160m transformation of Dalston, Hackney. The project will provide over 550 new homes, shops, a library and archive, plus a brand new station for the East London line extension at Dalston Junction. At the heart of the scheme will be Dalston Square, a major new town centre space around which the new homes, shops and restaurants will be built in a range of striking modern buildings."

How happy should this make us? Now read on.

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"The majority of homes for sale in the first phase of Dalston Square will be one-bedroom apartments aimed at first-time buyers at prices from under £300,000"

Aimed at the locals then...

The majority of homes for sale in the first phase of Dalston Square will be one-bedroom apartments aimed at first-time buyers at prices from under £300,000.

A one bedroomed flat for £300K in Dalston?!

Not for me, thanks.

Where will this development leave the local people of Dalston? Dalston has a unique character of it`s own, and what will be left after this?

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