The eventual success of Cinderford Iron Works meant it needed men (and boys) to operate it. By 1841 it was employing around a 100 of them. The employees needed housing and the works built rows of cottages establishing the area that became known as the Furnaces. The rows still exist around the bottom of Victoria Street today. One row, still known as Office Row, was actually once offices for the works and only became houses after the works was closed and demolished. Another row of houses now on Valley Road just south of the residential park was also part of the ironworks and is the only part of the main works that still exists.
The influx of people to the area also meant various amenities were also required. Pubs, schools and churches etc. were soon built. Near Cinderford Bridge, a school opened in 1840 and St John's Church opened in 1844. At the Furnaces, the Forgehammer pub was opened by 1832 and across the road from the pub, the Victoria Hotel was built sometime after 1834.
(1) https://archive.org/details/calendarcharter01cunngoog/page/11/mode/1up
Further reading on Forest of Dean Industry can be found at https://www.british-history.ac.uk/vch/glos/vol5/pp326-354