The regeneration of the arches will provide a number of spaces that can be rented by artists and creative businesses. There will be a mix of spaces available to accommodate as many needs as we can. Some will be co-working spaces where individuals will be able to rent a single desk or workspace, some might be adapted to fit small businesses or start-ups.
The criteria for the funding states that the space has to be occupied by non-commercial companies – this doesn’t mean that artists can’t sell work, it just means that large commercial companies can’t occupy these spaces. We hope that by developing this area it will attract more companies to develop their own arch.