Huckletree, which runs a leading network of curated co-working hubs for innovative businesses, is set to open its eighth workspace in Broadgate, Liverpool Street this September in a deal signed with British Land, one of Europe’s largest listed real estate investment companies.
The announcement, which is a part of Huckletree’s wider expansion plans to grow to a quarter of a million square feet by the end of this year, coincides with London being identified as the world’s co-working capital, out-scoring other global cities and emerging as the number one location for those looking for flexible office space. The city has seen a boom in the flexible office sector with its highest yet take-up following business rates rising and 74% of operators planning to expand, and countless businesses and property owners are letting go of longstanding leases and looking for a hybrid model for their teams.
Broadgate is a 21-acre neighbourhood, bridging the City of London and the creative, tech-focused communities of Shoreditch and Old Street. The campus is home to many of the world’s leading financial, legal, tech and media businesses alongside some of London’s best food, drink, retail and entertainment. Broadgate sits alongside Liverpool Street railway station, which will soon undergo redevelopment to improve the connection of one of London’s busiest commuter hubs to the bustling surrounding area.