Manchester Evening News

Spinningfi­elds to get another co-work space

THIS LATEST DEVELOPMEN­T IS AIMED AT FINTECH, DIGITAL AND TECHNOLOGY COMPANIES

- By SHELINA BEGUM shelina.begum@men-news.co.uk @ShelinaBeg­um_

A CO-WORKING space exclusivel­y aimed at the FinTech, digital, profession­al service and tech businesses is launching at the landmark XYZ building in Spinningfi­elds.

XYZ Works will launch next month and will provide flexible workspace options for budding entreprene­urs, sole traders, startups and SMEs.

The workspaces will be based on the ground floor and the first level of the 240,000 sq ft XYZ building and is the first of a series of coworking clubs to be launched this year across the north west and London under Allied London’s All Work umbrella.

Allied said demand is already high, with more than 50 per cent of membership­s sold off-plan to a diverse range of businesses who will be sharing the building with the likes of Shoosmiths, NCC and Global Radio who occupy the upper floors. Mike Ingall, CEO of Allied London, said: “XYZ Works secures Manchester’s position as a world-leading hub for next generation working. The space has been specifical­ly designed for small start-up entreprene­urial businesses with big growth aspiration­s operating in the city’s growing tech, digital and financial (FinTech) communitie­s. This represents a great opportunit­y to join the fastest growing ecosystem of tech enabled businesses in the city.”

Members at XYZ Works will also benefit from perks such as bike storage, private phone booths and software discounts, as well as access to bespoke meeting rooms and event spaces such as, ‘Agora,’ an amphitheat­re space for presentati­ons and a mini lecture theatre space called ‘Knowledge Wedge.’ Piers Read, who is heading up XYZ Works, said: “The way people work is changing. “We have carried out an extensive survey to determine what entreprene­urs and creatives want from their workspace, and we have incorporat­ed the results into our fit out at XYZ Works. The spaces have been beautifull­y designed and are equipped with cutting edge technology and facilities that will help foster the growth of members’ businesses. Demand for flexible workspaces is continuing to increase, including the recent signing of WeWork, a co-working space provider at No 1 Spinningfi­elds, which highlights how the district is owning the co-working space in the city.”

Demand for flexible workspaces is continuing to increase Piers Road, head, XYZ Works

 ??  ?? New co-working XYZ Works is launching in August
New co-working XYZ Works is launching in August

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