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"Amidst the pandemic, expanding our third floor is a sign of confidence for local start-ups and SMEs. If we want to contribute to economic growth, we have to provide the right accommodation for businesses of all sizes.”

Karen Pugh Elevator Property Director

Unflinching entrepreneurial spirit in the face of economic adversity has been underlined in the North East as Elevator opens new doors for start-ups at @balmoralHUB.

A mutual effort between our team and Balmoral Group, the hub on the south side of Aberdeen has expanded its footprint by 5000 sqft following demand for additional space from existing tenants and new enquiries.

The third wing of the three-story pavilion is set to open its doors at the end of August, offering executive office space and meeting rooms for a further 13 businesses.

The ‘jewel in Elevator’s property crown’, @balmoralHUB was formed to promote an innovative and collaborative business culture and, when the third wing is complete, will host space for a total of 40 businesses.

Designed as a supportive environment with opportunities for tenants to grow their respective businesses, @balmoralHUB has been finished to premium specification offering high speed fibre connection, energy-efficient lighting, heating and air conditioning with parking for more than 130 vehicles.

Karen Pugh, property director at Elevator, said: “Amidst the pandemic, expanding our third floor is a sign of confidence for local start-ups and SMEs. Over the past five months businesses have been reviewing the make-up of their property options and rebalancing their projects; COVID-19 has provided opportunities for businesses to consider new or smarter premises options.   

“If we want to contribute to economic growth, we have to provide the right accommodation for businesses of all sizes. I believe @balmoralHUB does exactly that.”

Jim Milne, chairman and managing director of Balmoral Group, said: “It is encouraging that Elevator continues to receive enquiries for office space in such challenging times but, I have to say, typifies north-east Scotland’s entrepreneurial spirit.

“What is on offer @balmoralHUB is serviced office accommodation of the very highest order and may fit the bill for many businesses that are exploring new and exciting ways of working.”

In addition to @balmoralHUB, Elevator manages flexible office space to new and existing businesses at 20 locations across Scotland, from Perth to Forres.

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