Bow Arts has acquired two buildings in east London, transforming them into affordable studio spaces for creatives to address the cost of living crisis. Founded in 1994, Bow Arts manages a significant number of studios and creative spaces, with a strong commitment to community reinvestment. The strategy includes securing properties for long-term rent control to sustain affordability. Notable acquisitions include the Hackney Yards, which will host studios and homes, and the Lakeside Centre, both facilitating ongoing support for artists and educational outreach in the community.
Bow Arts has announced the acquisition of two buildings in east London to convert into long-lasting affordable studio spaces for creatives, aiming to tackle the cost of living crisis.
The organization plans to secure more properties for long-term control over rent, promoting sustainability in funding and reinvesting into the creative community.
The Hackney Yards project will provide 38 studios alongside new homes and commercial spaces, making them available by 2026, enhancing local creative infrastructure.
The Lakeside Centre, recently acquired, will support educational services and community investment, ensuring ongoing support for local artists in perpetuity.
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