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 event went without a hitch and everyone was very complementary about the location, food and your team.

Jim Keir, Export Finance Adviser, UKTI.

Case Studies

Placeshaping

Creative Space has a 15-year track record of planning and implementing place-shaping projects and interim use strategies for public and private sector clients. During this time we’ve seen local…

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…

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,…