New Unison Office Space Gets Finance Injection
National trade union Unison, who have just given their backing to Ed Miliband in the Labour leadership contest, have secured funding for a new office space in Central London, with a former hospital in WC1 making way for the 75,000 sq. ft. development that will provide office space for the unions 300 staff.
The multi-million pound project, which will reportedly open its office space to UnisonΓÇÖs London staff by the end of 2010, will become the unionΓÇÖs new headquarters and will occupy the site of the former Elizabeth Garrett Anderson Hospital near Goodge Street.
According to reports, the development will see the partial restoration of the former hospitalΓÇÖs grade II listed buildings with a new office building being linked via a glass atrium. This new office will replace UnisonΓÇÖs existing offices located mid-point between Kings Cross and Euston.
The area in which Unison has chosen to relocate would appear to be popular with businesses, including those who choose to operate out of the many buildings offering serviced office space located within the area.
Here at officebroker.com we currently advertise 37 serviced offices within the WC area and have recorded a 46% rise in the number of individual businesses placed via our service within this area since the beginning of 2010 compared to the same period in 2009.
In addition to recording this increase in serviced office space uptake, officebroker.com has also noted an 18% rise in the average workstation price within this region of Central London. This average price per workstation rate currently sits at ┬ú478.00*.
Despite the new office being constructed in Central London, finance for the office development was provided by the Birmingham office of The Co-operative Bank. The building is also being monitored by the MidlandΓÇÖs office of property agent colliers International.
*Based on internal data of officebroker.com for the WC postcode: Jan ΓÇô Aug 2010 vs. Jan ΓÇô Aug 2009.