The Core, Newcastle Helix

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 Newcastle Helix.  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 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.  In its wake a number of neighbouring buildings have come out of the ground, housing world-class research institutes, forward-thinking workspaces.  This is a corner of Newcastle that has turned the page and is producing new stories about innovation, collaboration and business growth in the North East.


https://newcastlehelix.com/

what our clients say

The energy, vision and enthusiasm that Toby and Paul brought to the project within a very challenging timescale were of great importance in helping GYBC secure grants of over £6m to enable works to begin on conversion of the Grade 1 listed St. George’s Chapel. The highly credible outline Business Plan has proved to be a sound basis for developing a viable enterprise, enabling work to commence on site with a high level of confidence.

Peter Hardy, Director, Economy and Environment, Great Yarmouth Borough Council.

Case Studies

Round Foundry Media Centre, Leeds

Creative Space Management currently delivers a contract to manage the Round Foundry Media Centre in Leeds on behalf of Leeds City Council. The building provides grow-on workspace for small…

Photon Fire

Photon Fire’s expertise is the development of electronic sensors for industrial applications, particularly for use Offshore, in Fire and Security, and Environmental monitoring applications. The creation of application specific…

Refractiv

Refractiv, a software business which offers IT and web solutions including the design, development and support of websites and web applications, moved into the Round Foundry Media Centre in…