Case Study 3 -Coin Street
•Coin street has been a heavily debated area between councils and residents since the 1970s. During this period, the land was derelict and partly owned by the Greater London Authority so subsequently became a huge target for redevelopment. However, the plans were strongly resisted by the people who lived there, who went on to from a group in order to produce rival plans. In 1977 both plans were a part of public enquiry resulting in both being permitted.
•The CSCB worked with borough councils as well as the GLA in order to drop the land value from £4 million to £1million. The GLA proceeded to buy the site and further sell it onto the CSCB whilst funding the initiative.
•The development went onto create areas such as the OXO tower as well as a family accommodation for 1000 people. There were a range of developments such as ‘The Mulberry Housing Co-op’ (1998).
