Work has begun to transform prominent Hull building Cherry Tree Court into a co-working space and business lets.
The significant investment in the refurbishment of Cherry Tree Court, next to the DoubleTree by Hilton Hotel, is being led by asset managers FI Real Estate Management (FIREM).
The first stage of the refurbishment, undertaken by Chameleon Business Interiors, will see the fit-out of a new, high-spec city centre co-working space, FigFlex Offices alongside a 6,000sq ft office let.
Harriet Wagstaff, head of sales at Chameleon, said: “This is a great project for the city and it is great to see more inward investment coming into the city. FIREM is known for developing and managing mixed-use spaces that nurture businesses. It’s a pleasure to be working with the team at FIREM and Garness Jones on such a prominent Hull building.
“Following on from recent investment in the Hull Truck Theatre and DoubleTree by Hilton, it is great to see some grade A office space being introduced to the area to increase footfall at this side of the city. Cherry Tree Court offers a number of attractive office accommodation options over across three floors – and the co-working space is perfect for those looking for a flexible city centre address. We look forward to seeing which businesses choose to make their homes there.
A spokesman for FIREM said: “We’re really excited about what lies ahead for Cherry Tree Court. It sits in a fantastic location, right in the heart of Hull city centre, with virtually every amenity you’d need within walking distance.
“This makes it the ideal place for businesses of all sizes to set up and embrace the progressive working environments made possible by FI Real Estate Management and the help of the team at Chameleon.
“FigFlex is FIREM’s dedicated serviced office provider and Hull will become the first FigFlex location north of Coventry when it officially opens this autumn, demonstrating our confidence in Hull and its bright future.”
Phase one of the work is due for completion later this month.