Expansion of Co-Space in Stevenage completed

Works to expand the flexible working space are complete.

20 FEBRUARY 2025

Works to expand the premises of flexible office space provider Co-Space in Stevenage Town Centre have been completed.

In 2021, the council converted under-used commercial space into flexible office space for a range of businesses, from single-person start-ups, to established financial services providers. The facility, managed by Co-Space, brought over 300 jobs into the town centre.

Following huge success, the space has now expanded into the neighbouring Town Square Chambers that preside over Event Island. Funded through government’s Towns Fund using funding secured by The Stevenage Development Board, the facility has delivered an additional 900sqm of quality office space to the town centre – equivalent to 150 desks. This encourages new business and associated footfall and spend to the town, whilst refurbishing an ageing building with a 24-hour operator.

Cllr Lloyd Briscoe, Cabinet Member for Economy, Skills and Transport, comments: “Stevenage Town Centre is undergoing a transformation, introducing a greater mix of uses to benefit both residents and businesses. This includes increasing commercial space, including flexible options to allow businesses to flourish within the town. We are delighted that Co-Space, offering desks and meeting spaces in a smart and spacious interior, have chosen to expand their premises here. This delivers local benefits such as an increase in spend within the town. As Stevenage continues to evolve, we welcome this expansion and thank all of our partners who have helped to deliver this”.

Adrian Hawkins OBE, Chair of the Stevenage Development Board, adds: “The expansion of the Co-Space facility in Stevenage is clear proof that our plans for regeneration of the town are having a positive impact. Refreshing 1950’s buildings is highly sustainable, truly cost effective given the benefit derived and supports the provision of shared office space that is required in the modern age.

“Co-Space has demonstrated a distinctive style for this service and the council has moved quickly and efficiently in the direction of market demand. This extension is yet another example of our commitment to regeneration and supporting residents and businesses”.

Operator Co-Space run offices in Reading, Milton Keynes and Stevenage, with a St Albans office opening soon.

William Stokes, CEO and Co-Founder of Co-Space, adds: “We’re excited to work in partnership with Stevenage Borough Council and ASHE once again to expand our current Co-Space offering, and support the facilitating of 200 new job roles right in the heart of Stevenage. We’re grateful for everyone’s hard work pulling this project together and ensuring we’re able to support local businesses to grow and thrive.”

Delivered by contractor Ashe Group and as part of social value, throughout the construction two previously out of work individuals have been employed and donations made to local charities.

Andrew Morris, Business Development Director at Ashe Group, comments: “Ashe is delighted to have been asked back to undertake the next phase of refurbishment at the Co-Space facility in Stevenage. Being a local contractor, our focus has been on employing local people through our supply chain partners, ensuring that money generated by the construction project is recycled into the local economy.

“It has also allowed us to take on unemployed local people, give them training and prepare them for a future in construction. We have visited local schools and supported local charities as part of our social value commitments for this scheme.

“When complete the project will continue to support the local community in providing an outstanding working environment that will allow businesses to thrive.

“We are incredibly proud assisting in the regeneration of the heart of Stevenage and look forward to future opportunities to continue the good work being undertaken by all partners.”