Investment News | 26 February 2020
Fresh, flexible workspace launched
Cubo, a brand new concept in co-working space, has opened its doors in Derby city centre – and welcomed its first cohort of tenants.
Staton Young has spent more than £750,000 on the transformation of the grade II listed Old Post Office building in Victoria Street – which it has chosen as the first location for its new serviced office offer because of the city’s growing need for grade A office space, and its dynamic and creative workforce.
Rebecca Brough, managing director at Staton Young, said: “For a while now we have been planning our new Cubo brand and we are delighted to bring this new concept to Derby. We are pleased to be once again investing in Derby, bringing something the region hasn’t seen before.”
John Forkin, managing director at Marketing Derby said: “Cubo is a brilliant response to our fast-evolving and diversifying city economy. It's a stunning space that will provide an attractive, innovative and flexible home for emerging and established companies. Moreover, in converting the massive Post Office building it is pioneering the regeneration in Becketwell and beyond.”
Staton Young has kept the original features of the historic Post Office building and has transformed the space into 20,000 sq ft of luxury, modern office space with reception, co-working, hot desking, meeting rooms and communal areas.
Designed by Leonard Design Architects, the high-tech space features 180 desks and has been created to address the needs of the modern worker whilst still offering the traditional office requirements.
Rebecca said: “We wanted to create a working environment where people really want to come to work. Cubo is a modern, multi-use centre enabling people to produce their best work. Addressing the needs of the modern worker, Cubo co-working offers a workplace that takes the traditional requirements of functionality as a given, but adds a new focus to the needs, wants and lifestyles of its members.
“We have vast experience in serviced office space and are excited to be taking it to the next level. We have plans for further expansion to take Cubo across the Midlands and beyond. An experience-led lifestyle offer will entice millennials and Generation Z alike to Cubo and help attract and retain young entrepreneurs and graduate talent in Derby.”