The first, pilot phase of a new business hub for the creative industry in Liverpool has been completed.

An area within the centre of Liverpool opposite the Albert Dock, known as the Baltic Triangle (pictured), is being promoted as a new business hub for local companies working primarily within the creative and digital industry. Approximately 9,000 sq ft of new office space within three buildings is now being offered to prospective tenants.

The scheme is being run by a Community Interest Company (CIC) and is a not-for-profit venture. Financial backing amounting to £5.2m has been given by the NWDA. There are also proposals for a £2m spend on road improvements and public realm works in order to create better links between the new offices and other commercial areas of the city centre.

Development of the initial £600,000 phase began in May, 2010 and includes both studio and office space along with offices for the centre itself that will offer on-site support services. Office space is available in a range of sizes including “Mezzanine / creative units” at 750 sq ft and “creative units” with the smaller units being more suited to office space at around 500 sq ft and larger units offering up to 1,600 sq ft of floor space.

Subsequent phases of development will create studios and offices of various sizes. It is expected that when complete the business hub will offer approximately 45,000 sq ft of flexible floor space within a maximum of 18 low-rise units.

Cllr Malcolm Kennedy, executive member for regeneration at Liverpool City Council, who opened the first phase, told Liverpool Vision: “The creative, digital and IT sectors employ around 25,000 people in the Liverpool city region and generate millions for the economy. Having a dedicated business hub for the creative industries in the heart of the city will encourage further investment and growth.”