I would say somewhere between the station and the town would be a good bet, have a look at to see what streets that is.
There's a high speed rail link coming in the next few years that will make Folkestone a commute for London, and you're by the sea too!
Most of the investment is going to be on the coast, a new marina is being built down by the [harbour.
Have a [ google for the Creative Foundation's works1 too and post back with what you find.
This is my website The 'Gerald that I set up in a fury of excitement when we first came to Folkestone sometime in '04. I had been a frequent visitor for a while before that but I am technically one of those Down From Londons you get nowadays. This site was updated more frequently with a calendar of events and voting for best venues and things, and I know it was a useful reference for others who were thinking of moving to the area. Now I've moved out of Folkestone again (though only to Hythe) it doesn't get as much attention as it used to. Ironic really as The town is becoming the exciting place we knew it was just about to. My name is not Gerald BTW, this comes from the name of a fake newspaper in an episode of Brasseye or something, the Portsmouth Gerald, and how there is a local paper here called the Folkestone Herald. Puns like this are great aren't they? Do contact me if you have something to offer, email anythign @ this domain, or try @folkestone or @pauly on Twitter.