The Core, Science Central, Newcastle upon Tyne

Entrusted with developing the detailed business plan for a 5,000 sq m growth accelerator for spin-out companies from Newcastle University and for firms focused on science, technology and sustainability, Creative Space Management researched and developed a business model for the ambitious first building on Science Central. Located on a 23 acre site adjacent to St. James’ Park in Newcastle city centre, this was a key project for the region and the first building was be a litmus test of confidence and growth in the local economy. The Creative Space team worked with the University across multiple schools and disciplines, interviewed 15 businesses and developed a financial and operational model for The Core, including an initial marketing plan. Creative Space was subsequently appointed as the operator of the building by Newcastle City Council. The project gained planning approval in Autumn 2012 and went on site in May 2013. Following active marketing by Creative Space, The Core opened at 90% pre-let in October 2014 and went on to be awarded Best Commercial Workspace 2016 by British Council for Offices.


www.newcastlesciencecentral.com

what our clients say

We are confident that the Toffee Factory will successfully meet the needs of businesses in the creative and cultural sector, following CSM’s expert advice on the business plan and detailed design of the building.

Vicky Cuthbertson, Planning & Strategy Manager, 1NG Limited.

Case Studies

Digital Minds

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Relish Research

Relish Research chose the Round Foundry Media Centre for its first base outside London in April 2012 and, within a year, moved again into larger offices, thanks to a…

Advanced Manufacturing Park Technology Centre, Rotherham

In 2008, Creative Space Management was appointed to take over the facilities management of one of the leading innovation and grow-on facilities for the advanced engineering and environmental energy…