Just months after celebrating its second anniversary, occupancy levels at the £12m iHub innovation centre on Infinity Park have passed the 94% mark.
Since it was launched in Autumn 2016, the 45,000 sq ft facility has gone from strength to strength, attracting some of the biggest names in the automotive, rail and aerospace supply chain industries.
Regional, national and global businesses are 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 across the globe with the development of the world’s first British-made flying cars.
iHub, which has Enterprise Zone status, is strategically located close to the world headquarters of Rolls-Royce Civil Aerospace and within 15 minutes of OEMs including Bombardier, Toyota and JCB, with direct links to the A50 and M1.
The iHub provides 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 sq ft to 970 sq ft), 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 ft 2 to 4,451 ft 2 and cater for a broad range of uses in a managed workspace environment.
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: “The iHub is continuing to build on Derby’s reputation for developing and creating cutting-edge technologies, particularly in the aerospace, automotive and transport industries. It reinforces Derby’s reputation as the UK ‘capital for innovation."
Alan Smith, head of economic growth at Derby City Council, added: “This demonstrates that there is strong demand for the quality of workspace and facilities and partnerships available at the iHub."
The iHub builds on the success of the hugely popular Connect Derby scheme, which has created a strong market for mixed use and sector specific serviced offices across the city at its six other buildings – Friar Gate Studios, Marble Hall, Riverside Chambers, Sadler Bridge Studios, Kings Chambers and Shot Tower.