Redevelopment concept
- Concept plan proposes 7,000 sq m of employment (office and retail) floorspace. To put this in perspective, this is 3 times the size of the commercial area in Paint Works and five times the workspace in the Tobacco Factory. Squarepeg is keen to create workspace that provides a balanced quality environment for tenants and owners alike.
- Based on accepted Employment Studies one worker per 20 sq m for office or retail floorspace. This scheme is likely to generate 350 jobs
- Proportion of proposed employment workspace dedicated to local employees and affordable workspace - through S106 Agreement
- Mix of size and type of employment opportunities - typically units from 50 - 150 sq m
- Potential types of employment opportunities market led but could include commercial, retail, leisure and business use such as:
- - Offices
- - Workshops
- - Studios
- - Specialist Chocolatier
- - Cafe, restaurant
- - Promoting cycle users
- A dedicated area (potentially 1500 - 2000 sq m) for 'incubator' or 'start up' businesses to be delivered through an affordable workspace provider (with communcal catering, staff welfare facilities)
Affordable workspace