Techspace, the place where innovative and ambitious tech companies thrive, has launched its seventh European hub, on Worship Street. Situated in the heart of Old Street, Techspace opens its doors to forward thinking businesses as it continues to build out its portfolio in areas popular with technology companies.
Jonathan Bevan, CEO of Techspace, said, “Our new space is in the epicentre of London’s booming tech scene, right near the landmark Google Campus’ location, which put Old Street on the map in the early “Silicon Roundabout” days. We’ve proudly spent a decade supporting entrepreneurs and their teams in East London and our new space is reflective of the evolving needs of scaleups. With hybrid work being the status quo in tech, it’s more important than ever that we locate in areas where members travelling from popular commuter towns are well served. Worship Street has all that our members’ need and more.”
In its recent Scaleup Culture Report developed with YouGov, which surveyed more than 1,000 people in UK tech, Techspace found that Londoners are most likely to work for a company with a hybrid work model, as opposed to fully remote or full-time in the office. Londoners also spend 32 percent more time commuting when compared to other regions.
A short walk from Old Street roundabout, Liverpool Street and Moorgate Station, Worship Street will add ~20,000 square feet to Techspace’s existing portfolio in East London and grow its curated community to over 4,000 members across Europe.
As well as a roof terrace with views over Shoreditch, Worship Street will also provide neighbouring Techspace buildings easy access to bookable amenities on offer, which include five state-of-the-art meeting rooms, a production room for video content and podcasts, and Worship Street’s beautifully designed event space, The Lightwell.
The new location will be home to members Plaid and Zoa, alongside existing member Agicap as they expand their team in London.
Brendan Regan, Revenue Lead at Plaid, said: “Worship Street ticks all the boxes when it comes to connectivity and amenity. The space is thoughtfully designed and we have the freedom to customise every aspect of the Plaid office, creating a personalised environment for our team. Amenities such as the roof terrace and member cafe allow our team to have different places to connect and work and it’s these kinds of features that we look forward to when we come to the office. Techspace also offers a huge level of flexibility with its Studio allowing for overspill on our busiest days in the office.”
The Scaleup Culture Report further highlighted what UK tech workers want from their office space. The biggest drivers being connection and collaboration with teammates.
A change of environment, refreshments and snacks, heating and air-conditioning were also highly cited amongst respondents – and office dogs were popular among under-35s.
From memberships and customisable offices to its latest offering, the Studio, which allows members to book overspill space on busy days, Techspace provides flexibility that adapts to a company’s current and future needs. This kind of flexibility allows teams to easily cater for more popular surge days and “all-in team days” on demand, without needing to over invest in their office footprint.
Members also gain access to services including in-house workplace design consultancy that ensures members get the most out of their office space, and Elevate, a leadership programme that supports emerging leaders as they take the next step in their leadership journey.
From the first floor to the fifth floor spaces are designed to give innovative member companies what they need to do their best work. All Private Office units are lockable with their own dedicated meeting room, phone booth and kitchens. While shared spaces are designed in the knowledge that hybrid work is the new standard, where bookable meeting rooms come fitted with presentation A/V equipment.
The Worship Street design has been carefully considered in accordance with Techspace’s People and Planet Strategy. Once fully occupied, the renovation will increase the building’s capacity from 150 to over 300 members, in turn doubling the sites’ carbon efficiency per capita. Additionally, Techspace has opted to convert the building from gas to electric power to allow them to operate from 100% renewable energy sources.
Techspace is expanding further having recently announced a new future space in Berlin, Germany. Dieffenbachstraße 33 (U33) is a characterful piano factory and when it opens in 2025, will be its third location in Berlin. In addition to more spaces, Techspace has grown its team with the addition of ex Airbnb and Facebook executive Caroline Hudack, who joins the Board as Non-Eexecutive Director, along with Kim Stringer, who has joined Techspace as People Director and member-facing growth advisor. The team of 50 spans the UK and Germany, and plans to add a number of new positions to fuel their continued growth into Europe over the next 12 months.
Bevan continued, “It’s an incredibly exciting time at Techspace – we’re growing fast to provide more businesses with the quality of space and service that make their teams thrive! Constantly developing our offering to provide the right amenity across our spaces, giving growth teams what they want, and ensuring our member companies have a space that helps attract and retain great talent.”
