Flexible workspace business Cubo has launched a new workspace within 20,000 sq ft on the top two floors of Bank House in the heart of Newcastle city centre.
Bank House is the first phase of a 750,000 sq ft scheme which will incorporate new Grade A offices, including the HMRC super-hub for the North East region. The site will also include a five-star hotel, public square and a significant destination food and beverage quarter.
First announced in August, Bank House is the first site for Cubo in the North East.
Earlier this year, Cubo, which was launched by property investors Marc and Rebecca Brough, announced plans to almost double its footprint nationally by the end of 2023 – a growth strategy backed by investment firm Literacy Capital.
Workspaces currently operate in Leeds, Birmingham, Derby, Nottingham, Sheffield, Edinburgh and Manchester. A second site in Nottingham has just been launched, alongside an additional workspace in Birmingham.
Marc Brough, chief executive at Cubo, said: “We are excited to be launching our first flex office space in in Newcastle city centre. We chose the space because of the city’s rich history, its vibrant culture and the building’s city centre location.
“The building’s unrivalled location within the exciting Pilgrim Street development makes it the ideal home for many growing businesses.
“The new space continues our rapid expansion and reinforces our commitment to opening in the very best locations across all the UK’s core cities.”