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

It is the perfect location for us to take our business to the next level. It ticks all the boxes for us in terms of our requirements.

Allan Findlow, Sales Director, Drive Management Services.

Case Studies

Publish Interactive

Publish Interactive, which provides e-publishing software solutions for market research publishers, moved its then small team into the Round Foundry Media Centre in 2009 and in just three years…

Toffee Factory, Newcastle

Opened in December 2011, Toffee Factory began development in 2009 when Creative Space Management was appointed to undertake a preliminary feasibility study. The company undertook further detailed business planning,…

Electric Works, Sheffield

In 2007, Creative Space Management was appointed by Sheffield City Council (following a competitive dialogue process), to manage a 12 year contract to operate The Hub Building at Sheffield…