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NEWS

Birmingham Makes Space for Spaces

IWG has opened their latest hub for businesses of all sizes, entrepreneurs, innovators, and game changers on the ground floor of the Mailbox.

The 50,000 sq. ft of flexible working space has been brought to the city by way of a partnership between Mailbox REIT, M7 Real Estate & IWG, under its Spaces coworking and flexible office brand.

Spaces positions itself as the choice for expanding teams and those needing space to bring their businesses to life.

The excellent location, transport links, landmark building and facilities at Mailbox were key factors for Mark Dixon, CEO and Founder of IWG.

He said: For several decades, we have been at the forefront of hybrid work empowering people to work more productively and conveniently. We are continuing to bring the Spaces concept to more locations as we scale our network both in the UK and globally to meet the growing demand for hybrid work solutions. We are delighted to be partnering with the Mailbox to serve the needs of the thriving local business community.”

Dixon adds, “introducing workspaces into retail centres helps revitalise spaces, generates economic activity and creates better solutions which support hybrid working.”

Ruth Miley, M7 Real Estates Senior Asset Manager for Mailbox REIT added: “We’re thrilled to welcome Spaces to Mailbox. They are the perfect fit for us and our strategy to reposition the Mailbox as a premium office-led, mixed-use scheme.”

“When we acquired the asset in December 2019, there was 200,000 sq. ft of office headquarter accommodation already onsite, with blue-chip occupiers such as the BBC, WSP and Advanced Software Solutions. The ground floor comprised of 36,000 sq. ft of under-utilised retail mall space that performed poorly. We made the decision to convert this space into a single floor plate of open plan co-working space. A partnership with IWG’s brand Spaces was an obvious choice for us, being the UKs largest serviced office provider.”

“This is a true example of how we can reposition and repurpose a place for the future and achieve our vision for Mailbox to be the first-choice destination to live, work and play in Birmingham.”

“This commitment by IWG further strengthens our offering and we are confident Spaces will appeal to our existing community as well as attracting new organisations and individuals.”