It has been just over a year since Isle of Wight council’s economic development team opened Building 41, a new business hub, with office and co-working space in a recently refurbished building.
Simon Perry from News OnTheWight met with Ella Clapham, a project manager at the Isle of Wight Council’s economic development team, to find out how things are going one year on.
The conversation revolved around the evolution and growing popularity of this co-working space, particularly focusing on how the offerings like meeting rooms, shared workspaces, and various office sizes, cater to different business needs.
Evolution of shared workspaces
Ella explained the transition from traditional hot desking to what they now term “shared workspaces,” aimed at enhancing productivity and collaboration among users.
The change reflects a broader shift in workspace management, adapting to the needs of modern professionals who are looking for flexibility as well as a community environment.
As highlighted in News OnTheWight’s sneaky peek last year, the building offers a mix of social and quiet workspaces, with additional amenities like soundproof ‘call pods’.
A diverse range of businesses
The conversation delved into the specifics of office spaces available at Building 41, which vary in size and can accommodate from four to eight people, catering to different business sizes and needs.
There is a diverse range of businesses making use of these spaces, from architects and software developers to marketing agencies.
Flexible leasing and membership options
Ella explained the flexible leasing terms for offices, which include a three-year lease with an option for three months’ notice. This flexibility is crucial for businesses unsure of their long-term needs.
The co-working space offers various membership tiers, akin to a gym, ranging from access for a few days a month, to daily access for teams, with adjustments made based on customer feedback.
Career pathways in economic development
During the conversation, Ella also shared her journey from studying biology to working in economic development, illustrating the diverse career paths that can lead to roles in managing significant projects like Building 41.
This part of the conversation underscored the building’s role not just as a physical space, but as a hub for business growth and networking on the Isle of Wight.
Listen to the conversation
Listen to Simon talking to Ella to find out more about Building 41 and its success journey over the last 12 months.
Click on the play button below. You can pause, jump back ten seconds or jump forward 30 seconds.