If you keep the 2 x 1 x 1/2 magnets single rotor you will need to have a fairly large air gap between the magnet rotor and stator to prevent stall.
You could use much smaller magnets and make it dual rotor. Unless you can make your own hub there is a limitation with the hole in the stator to take a standard trailer hub. Also with a standard hub the bearing friction will become significant and you may have to use a lower tsr than you would otherwise choose.
To keep 3 phase you need 8 magnets per rotor and you could easily manage with 6" discs if you can cope with the problem of the stator bore. If stuck with a standard hub you may have to use bigger discs to keep the stator centre big enough.
8 pole dual rotor using magnets 3/4" square by 3/8" thick would be quite nice but much depends on the magnets you can get. Stick to 8 magnet 6 coil or use even smaller magnets and go for 12 magnet 9 coil as Peter suggests above.
I think Peter must have quite a thick stator to have that high a cut in speed, with a bit thinner stator to lower the cut in speed that size of magnet would be fine if you can get them.
Flux