Partner Article

Creative hub fills up

REGENERATION specialist Priority Sites has successfully let two of the nine major office suites at the £5.2m Media Exchange creative hub in Newcastle’s Ouseburn Valley.

Design consultants Blumilk have occupied Media 5, taking 2,673 sq ft of space and Allmedia Limited, the advertising, marketing and new media company, has taken Media 1 occupying 2,184 sq ft of space.

A potential third leading business is to take significantly more space and is to be announced in September.

Priority Sites development manager Adam Richardson said: “We are delighted with the high quality and excellent design of the Media Exchange. For office space take up to be so quick in such a turbulent market assures the team that our decision to develop the site for a specific media market was the correct one and will undoubtedly regenerate an area of Newcastle that is on the up.”

The once derelict brown field site is the latest area in Newcastle to receive the Priority Sites treatment and has been transformed from waste land to prime office space that will undoubtedly not be on the market for long.

The Media Exchange is made up of three buildings; each has three office suites ranging in size from 2,162 sq ft to 3,191 sq ft. Each suite includes double glazed windows, carpeted floors, perimeter trunking, LG7 lighting, suspended ceilings and communal shower rooms. The development is constructed to a very high standard with a BREEAM Very Good rating and EPC rating of C.

This was posted in Bdaily's Members' News section by Ruth Mitchell .