iCity goes for golden Olympic Legacy
Prospective Olympic Media Centre occupier iCity reveals 47% pre-let of 1m sq ft site.
With the Olympic flag now planted in Rio, all eyes are back on Stratford as the drive for legacy begins.
Speaking at a recent press conference, iCity chief executive Gavin Poole claimed that the new tenants would be announced in the autumn, with businesses set to move in by 2014.
Loughborough University have already taken a significant portion, with high tech industry leader Infinity set to open an extensive new data centre. Poole described on-going negotiations with further businesses as “positive”.
In an interview with EGTV, Poole suggested that potential partners could include business incubators, post production companies, Hackney Community College and an as yet unnamed major TV channel.
So confident are iCity of filling the centre, that discussions are already under way to increase capacity by half, with Poole stating “We have a robust business plan. That's what won us the bid. We are 47% pre-let already and we are looking at taking it from 1m to 1.5m sq ft”.
The success of iCity suggests that office space is still at a premium in the Capital, while the success of the London 2012 Olympic Games could push demand far beyond the national average. Serviced office space is the business solution to inner city property costs and planning regulations, offering a prestigious corporate address at a competitive monthly fee.