BBC Salford Quays Move Is Big Boost For Local Businesses
The move will see more than 2,500 employees relocate to Salford Quays and whilst the migration had been an area of internal contention, local providers are already seeing a rise in demand for office space both in and adjacent to the ┬ú400m site.
One firm has reported that demand from local companies has doubled in just six months, with firms keen to be based in the area.
The transformation of Salford Quays has been meteoric, having been resurrected from derelict docklands to a shining example of inner city regeneration by developer The Peel Group.
Jim Venables from officebroker.com , the UKΓÇÖs leading online broker to the serviced office industry, believes the BBC move will give a real boost to local serviced office providers.
Mr Venables said: ΓÇ£The arrival of the BBC has undoubtedly raised the perception of the area, but the true impact of their relocation will only be felt once production gets underway and everyone is in place.
ΓÇ£What is apparent right now however is that Salford Quays is an attractive business location in its own right ΓÇô and that is why we have seen a growing number of businesses, from all industry types, seeking office space in the area.
ΓÇ£As a company we have witnessed an increase in demand in and around Salford Quays since the beginning of the year, a rise which is reflected in the personal experiences of the many local providers we work alongside.ΓÇ¥
One centrally located local provider said the demand is being driven by the arrival of the media giants.
He said: ΓÇ£The demand is very real in Salford Quays. Businesses connected to the media activity are becoming more prominent and we have certainly welcomed a greater number of clients to our offices as a result.ΓÇ¥
The wider proposition of Salford Quays as a new business hotspot is also shared by other serviced office providers operating within the immediate area, such the Serviced Office Company, who have seen a 76% increase in occupancy since October 2010.
Tracy Vickers from the firm, said: ΓÇ£MediaCityUK has of course focused attention on the area, but it has far more to offer to businesses than the celebrity of some powerful neighbours. It offers an attractive location; great transport links and businesses of all types are keen to be part of it.ΓÇ¥
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