Central Working Victoria
The co-working hub is based at the new Eccleston Yards development in Belgravia and will house more than 500 entrepreneurs.
Grosvenor has partnered with shared workspace provider Central Working to launch a hub for innovation and enterprise.
Central Working Victoria will host more than 500 entrepreneurs across its 28,000 sq ft space in London’s Belgravia.
Central Working is the exclusive commercial tenant in Grosvenor’s 80,000 sq ft Eccleston Yards development, which will also host 19 units for food, fashion, retail and wellbeing.
The site marks Grosvenor’s first foray into the co-working workspace market and London’s first new destination hub to be anchored by a shared workspace provider as the city looks to cater for a rising number of growing businesses. More than 589,000 UK start-ups were launched in 2017, with 187,200 created in London alone.
Designed in partnership with Kinnersley Kent Design, Central Working Victoria has been built to anticipate the needs of the modern start-up community with an all-inclusive hospitality-first approach.
Catering for a group that rarely conforms to a nine-to-five routine, sleep pods are available to provide rest and relaxation, as well as a 70-seat auditorium to accommodate visiting lecturers from the tech and creative industries.
Charles Howard, head of commercial leasing at Grosvenor Britain & Ireland, said: “Creating more active, integrated neighbourhoods is a key part of Grosvenor’s reinvigorated retail and commercial strategy.
“While anchor tenants are traditionally retail brands, we believe that designing a development around a shared workspace will help create a vibrant mix of young and established businesses.
“We want Belgravia to be more flexible, more open and more appealing to everyone. We’re delighted to partner with Central Working and we’re confident that this enterprise hub will play a significant role in forging a complementary, supportive community at Eccleston Yards.”
Grant Powell, CEO of Central Working, added: “Belgravia has traditionally been the stomping ground of grand, multinational companies, so we’re very excited to provide the growing business community with a supportive foothold in the area.
“More than half a million new companies are launched in the UK each year, and this community presents a huge opportunity for commercial property developers. Collaborative environments that allow fledgling start-ups to mingle with global firms are the future of the workplace.”