Newcastle’s Creative Quarter set to grow

36% of office space pre-let four months before iconic new creative office space opens

Article posted: 06 Oct 2011

Despite not being due to open until December 2011, the Toffee Factory has already exceeded expectations by securing tenants for over a third (36%) of its 17,000 sq ft of state of the art creative office space in Newcastle’s Ouseburn Valley. This is well over the target of 10% of pre-let space that Creative Space Management, the building managers, had aimed for upon opening the building later this year.

The Toffee Factory is part of a substantial regeneration project within the area which will form a £6m hub for creative and digital businesses making the building a major addition to the cluster of creative businesses already in the area.

Eight businesses have now signed up for office space in Toffee Factory which will eventually house 25 different creative and digital businesses who will all benefit from the high spec, unique office surroundings that cater perfectly for expanding business.

Two of the eight companies who will be moving into Toffee Factory in the New Year will be marking an important milestone in their companies’ lives with both celebrating their first birthdays. Both Hedley McEwan and Multiminded are creative businesses that launched in January 2011 and have reached a point where they need more office space as they expand and Toffee Factory will provide an excellent community for them to work and grow within.

Joining Hedley McEwan and Multiminded at Toffee Factory’s serviced office space in Tyne & Wear will be: Ambit Creatives, Keltie Cochrane, Danielle Dunn Agency, and Pod Architects amongst others.

For breaking news relating to office space in the North East follow us on http://twitter.com/officespacenews

Posted by Sara