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12/08/2014
Workspace Announces JV With Polar Properties
Workspace Group PLC has secured planning permission for its redevelopment of Enterprise House in Hayes.
The firm has announced a 0/50 joint venture with Polar Properties.
The development will provide 98 apartments and a 38,000 sq ft Business Centre for creative industries. Permission will enable Workspace and its joint venture partner, Polar Properties to create 150 jobs by providing new business space.
Workspace plans to refurbish the grade II* listed factory building, which will provide 38,000 sq ft of space tailored to the needs of small businesses with a particular focus on creative industries.
Jamie Hopkins, Chief Executive Officer of Workspace, commented: "We are delighted to have secured approval for Enterprise House in Hayes, a location that will benefit greatly by the arrival of a Crossrail station adjacent to the property. Enterprise House is one of a number of properties, in similarly advantageous locations to Crossrail, which Workspace is redeveloping."
(CD/IT)
The firm has announced a 0/50 joint venture with Polar Properties.
The development will provide 98 apartments and a 38,000 sq ft Business Centre for creative industries. Permission will enable Workspace and its joint venture partner, Polar Properties to create 150 jobs by providing new business space.
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Workspace plans to refurbish the grade II* listed factory building, which will provide 38,000 sq ft of space tailored to the needs of small businesses with a particular focus on creative industries.
Jamie Hopkins, Chief Executive Officer of Workspace, commented: "We are delighted to have secured approval for Enterprise House in Hayes, a location that will benefit greatly by the arrival of a Crossrail station adjacent to the property. Enterprise House is one of a number of properties, in similarly advantageous locations to Crossrail, which Workspace is redeveloping."
(CD/IT)
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