Studio Dundee go ahead
Dundee Waterfront hub plan backed
Studio Dundee: support for growing firms
A proposed hub for creative industries and entrepreneurial development on Dundee Waterfront – has been approved by the city council.
Studio Dundee is a mixed-use development which will create a community to help entrepreneurs build their businesses in an environment that supports and encourages innovation.
Start-ups and growing businesses will have 24/7 access to co-working space, meeting rooms, break-out areas, technology lab and high capacity broadband wrapped up in an affordable membership plan.
An accelerator programme will nurture fast-growing businesses, and there will be specific support for innovative retail businesses.
A vibrant social life will centre around The Hub – a food and café offering and residents concierge, including access to The Mezzanine, a multi-purpose communal space for events, networking and exhibitions.
Studio Dundee will accommodate 75 entrepreneurs, provide 3719 sq.m of ‘urban studios’, 1400 sq. m of prime retail space and 122 private rented flats.
Around 60 high growth businesses are expected to be supported by the accelerator programme and 10 new retail and food businesses nurtured by the Hub.
Up to 100 construction jobs will be created during the build period with Studio Dundee supporting 250 jobs and attracting a further 150 jobs to the city.
Studio Dundee is located on Site 2, and the plans were submitted by HTA Design on behalf of Our Enterprise Ltd. Construction is expected to start in 2018.
It will complement the Seabraes development on the Waterfront, a hub that will provide commercial and residential space for the digital media and cultural industries.
Commenting on Studio Dundee, Allan Watt, Dundee Waterfront project director said: “This is a further major development that will make a major contribution to the Central Waterfront area. We are delighted with progress and the level of interest we are receiving from developers and investors.
“Dundee Waterfront has nearly 1.5 million sq ft of ‘shovel-ready’ land ready for mixed-use development across 8 sites with more than £750m of investment already committed. We take a partnership approach to development and would urge businesses and entrepreneurs to approach us directly with their proposals.”