Central Working partners with British Land to launch Liverpool Street co-working office
‘Central Working City’ will open later this year offering entrepreneurs access to shared work spaces, break out rooms, permanent offices and outdoor space
Startups Awards-winning workspace provider Central Working has announced a “first of its kind” partnership with real estate firm British Land to launch a new co-working space next to Liverpool Street station; ‘Central Working City’.
The partnership, a 10 year agreement which will see Central Working share the profits from the new office with the property firm going forward, is intended to support London’s “burgeoning start-up community”.
Set to open during the first quarter of 2015 at 4 Crown Place, Central Working City will occupy 11,000 square feet across three floors and will offer members access to shared work spaces, meeting rooms, permanent offices and outdoor space.
The club marks the fifth workspace in Central Working’s portfolio and has already attracted interest with the Start Up Institute; a company which offers eight week education programmes for those looking to work a start-up, the latest business to sign up as a tenant for when the club opens.
Central Working already boasts Microsoft Ventures, Kano, Hootsuite and Headspace among its members so it’s highly likely that the new space will appeal to emerging Tech City start-ups.
Central Working CEO, James Layfield, commented on the announcement:
“Partnering with British Land is a really exciting milestone for Central Working. The fact that one of Europe’s largest property companies has chosen us to partner with on this project demonstrates the huge potential of our unique offer and importantly gives even more businesses the opportunity to use our spaces and thrive.”
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“More than one new company was founded a minute last year but, as these entrepreneurs know, you need more than just four walls to succeed; they need a community in which they can connect, collaborate and share. We are driving this working revolution and this new space demonstrates the huge and growing demand for it.”
Matt Pinsent, head of City Office Asset Management at British Land, added:“The occupier profile is rapidly changing in this area of the City, with the migration of technology and creative businesses from Old Street and Shoreditch creating a more vibrant and diverse business location. Central Working’s decision to open their fourth UK centre at 4 Crown Place demonstrates this.”