iHub innovation centre passes 94% occupancy
Since it was launched in Autumn 2016, the 45,000 ft2 facility has gone from strength to strength, attracting some of the biggest names in the region’s automotive, rail and aerospace supply chain industries.
Occupancy levels at the iHub have exceeded all expectations, with regional, national and global businesses taking advantage of the building’s strategic location on Infinity Park, the 100-acre manufacturing focused commercial and technology site.
Tenants now include global aerospace giant Airbus; Altran, a world leader in engineering and R&D services; Composite Braiding, which specialises in thermoplastic composite braiding and VRCO, an advanced aviation company, which is hitting the headlines with the development of the world’s first British-made flying cars.
In February, the University of Sheffield Advanced Manufacturing Research Centres (AMRC), one of the world’s leading manufacturing research institutions, is to set up a temporary home at the iHub while a new multi-million pound 50,000 ft2 innovation facility is being developed on Infinity Park.
The iHubprovides high quality, flexible workspace for start-ups, early stage businesses and high growth SME’s looking to expand their role within the transport engineering and hi-tech sectors. As well as offering 18 traditional office workspaces (from 127 ft2 to 970 ft2), the iHub provides 14 ground floor workshops for businesses seeking a more hybrid working environment. The state-of-the art workshops range in size from 375 ft2 to 4,451 ft2 and cater for a broad range of uses.
One of the unique facilities available at the iHub is the innovative ‘iLab’, which promotes invention by enabling the rapid prototyping of a range of products and services. It also boasts high end virtual reality, 3D printing and surface microscope equipment.
The iHub also offers a multi-purpose ‘heart space’ area, which is establishing itself as a popular venue for conferences and events, along with meeting and seminar rooms.
Speaking about the success of the iHub since its launch two years ago, Councillor Matthew Holmes, deputy leader of Derby City Council and cabinet member for planning, environment and regeneration, said:
“To achieve 94% occupancy in the current economic climate is a fantastic achievement and reflects the high-quality accommodation and range of support services that is available at the iHub.”
Alan Smith, head of economic growth at Derby City Council, added:
“This demonstrates to the Council that there is strong demand for the quality of workspace and facilities and partnerships available at the iHub. Our original business plan forecast for this building has been validated. We hope that the way this building has let will give confidence to others and that the iHub becomes the centre-piece to a successful Infinity Park for years to come.”
Ann Bhatti, head of Connect Derby, said:
“We’re absolutely delighted with the positive reaction that the iHub has received since it joined the Connect Derby portfolio of buildings in 2017. Much of the credit for the iHub’s success must go to Alan Smith; he took a lead role in developing the funding bid for the building, project managed the design and build team and worked collaboratively with Connect Derby in developing and supporting the operational processes. His advice has been instrumental in supporting the on-going development of the iHub."
For further information about taking space at the iHub, contact Ros Stacey on 01332 01332 742800 or email