Good things can often come from unexpected places, which rings true when considering the newly opened Peckham Levels, an immersive community hub and retailer that was built from an old parking garage.
When the Sainsbury's in Peckham closed in 1983, the skeleton of the parking garage remained, serving as a community eye-sore that was often the site of illegal activities. This space has now been renovated and updated to feature restaurants, bars and businesses that cater to the district's growing community of contemporary Millennials.
Peckham Levels comes equipped with plenty of relaxing hang out spots and even serves as an artistic hub, which houses 50 studios. To make matters even more community-centric, all those who apply to rent a space in Peckham Levels must give back to the community in the form of local initiatives that support children, the elderly or marginalized groups.
Key Themes Behind This Trend
- Community-centric Renovations
- Opportunity for businesses to revitalize old spaces and convert them into community-centric hubs.
- Immersive Community Hubs
- Growing trend of creating immersive spaces that cater to the needs and interests of local communities.
- Artistic Co-working Spaces
- Increasing demand for creative co-working spaces that foster collaboration and support local artists.
Where This Applies
- Hospitality
- Hospitality industry can explore renovating old buildings into community-centric spaces with restaurants, bars, and leisure facilities.
- Real Estate
- Real estate developers have the opportunity to transform outdated properties into immersive community hubs that attract modern Millennials.
- Arts and Culture
- Arts and culture organizations can provide artistic co-working spaces to support local artists and creative professionals.
