Runway invests £1m to double size of its London Bridge hub
Runway East has announced it plans to double the size of its existing South London hub just four months after opening.
The London startup workspace provider will spent £1million to expand the space at London Bridge, allowing for up to 1,000 new workers because of increasing demand.
Located on St Thomas Street, the building will include access to a roof terrace, options from flexible hot-desking to customisable private offices, and a 'startup toolkit' of support provided by Runway East.
"Startups are increasingly looking south of the river to find workspace solutions for their teams that provide them with the services, connections and opportunities they need to grow, as well as commuting convenience, and that’s what attracted us to London Bridge," Runway founder Natasha Guerra said.
"We opened the first phase of Runway East London Bridge with 80 per cent occupancy on day one, both significantly exceeding our expectations, and demonstrating how attractive the area is for startups seeking tailored community-led workspace.
"The second phase will double our capacity in London Bridge and, we believe, make us the largest startup-focused space in south London."