The Maling Exchange at Hoults Yard in Newcastle will transform the factory space where Maling’s esteemed pottery brand was once made. Soon more than 45,000sq ft of modern office space will form a hub.
Facilities will include loft-style space in 20 small units suited to businesses of up to three people. There will also be move-on accommodation of over 1,000sq ft and meeting room space for bigger firms.
Superfast connectivity and a tenants’ concierge service will assist business people working nationally and internationally from a regional base. In all, 40 offices will be fitted out with superfast broadband, and the building’s layout will encourage networking. Charlie Hoult, owner of developer JamJar Studios, says: “There’s no superfast, plug in and play working environment for freelance workers like this elsewhere in Newcastle.”
When opened for business next June, Maling Exchange will be the “front door” to Hoults Yard site, which already has 90 creative and high tech businesses with 500 employees working from a cluster of industrial units.
They operate in television and film, public relations, fashion design, iPhone app development and search engine marketing.
Hoult has been awarded more than £1.5m from the European Regional Development Fund’s Competitiveness Programme 2007-2013 towards the imaginative project that is reviving the empty Maling Exchange building.
“There’s a growing army of freelance creative professionals who want superfast office space like this and don’t want to work from home,” Hoult suggests. Hoult’s Yard already provides parking, 24/7 security and a café.