Decision details

Gresham Business Workspace

Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To establish and fund a co-working business workspace in the Gresham development on Market Street, Leicester.   

Decision:

To approve delivery of the co-working business workspace at the Gresham building, including investment of £450,000 from resources set aside for the Economic Action Plan for fit out and set up costs.

Reasons for the decision:

This initiative will establish a high quality flexible ‘co-working’ business workspace offer for small businesses and freelance entrepreneurs. The Council taking a lease on the space is key to unlocking circa £17m of investment in the wider Gresham aparthotel development.

Alternative options:

This initiative will establish a high quality flexible ‘co-working’ business workspace offer for small businesses and freelance entrepreneurs. The Council taking a lease on the space is key to unlocking circa £17m of investment in the wider Gresham aparthotel development.

 

Publication date: 29/11/2019

Date of decision: 29/11/2019

Effective from: 07/12/2019

Accompanying Documents: