Member Article

Grosvenor is bringing a shared workspace to Belgravia as part of 20-year transformation plan

Property group Grosvenor has inked a deal with shared workspace provider Central Working to bring a new entrepreneurial hub to Belgravia.

The agreement will see the global workspace provider establish a new facility at Eccleston Yards, Grosvenor’s recently approved creative hub near Victoria station.

The four-hectare site in South Belgravia will provide 19 units for food, retail and co-working totalling around 80,000 sq ft of space as part of the property company’s 20-year plan to transform its holdings to befit the modern requirements of the London market.

BuckleyGrayYeoman have designed the new site which will entail the reconfiguration and refurbishment of four existing buildings arrayed around a central landscaped courtyard.

Charles Howard, head of commercial leasing at Grosvenor Britain & Ireland, said: “Workspaces in Mayfair and Belgravia can adapt and support new enterprise by responding to the changing needs and aspirations of businesses, workers and residents.

“One of our aims for Eccleston Yards is to attract both young and established organisations by creating a complementary community that allows businesses to thrive with co-working, collaboration and knowledge-sharing. We’re delighted Central Working will be the anchor for this enterprise hub.”

Grant Powell, managing director of Central Working, added: “This Central Working at Eccleston Yards will provide a new hub for nurturing innovative, growing businesses in an area of London traditionally associated with grand multinational companies.

“Modern ways of working continue to evolve and collaborative environments are playing an increasingly integral role, not just in East London’s startup communities but across the corporate world too.”

The Eccleston Yard site and attached shared working facility are earmarked for a Spring 2018 completion.