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Start me up

5th December 2016

Open workspaces such as incubators, coworking, or artist studios, provide great value to local and regional economies. They provide beneficial spill-over effects and can address inequality and disadvantage, as well as maximising the performance, growth ambitions, and jobs created by small businesses, compared to traditional offices or working at home.

We’re part of the Open Workspace Providers’ Network, a group of workspace providers who set up to inform emerging workspace policies, share learning, and engage with boroughs and developers.

Way back in 2014 the group was established to champion the work of London’s Open Workspaces and to propose priorities and actions for supporting the development of these; and to act as representatives of a wider network of work space providers, particularly in relation to making use of non-residential space in new housing developments.

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One of the first things the group did was commission IPPR to carry out a piece of research investigating the value of Open Workspaces to London’s economy (£1.7 billion by the way) and to develop policy recommendations related to the growth, development, and long term sustainability of London’s Open Workspaces.

Last week the Mayor of London Sadiq Khan launched the report in Catford. You can download the report here and read key finding and the summary recommendations below.

Key Findings:

Where London’s property market is not sustaining open workspaces, the mayor and local authorities should act. We recommend that the following actions are taken.

Recommendations

RECOMMENDATIONS TO THE MAYOR

RECOMMENDATIONS TO LOCAL AUTHORITIES

RECOMMENDATIONS TO NATIONAL GOVERNMENT

RECOMMENDATIONS TO DEVELOPERS

RECOMMENDATIONS TO OPEN WORKSPACE PROVIDERS

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