Craig Smith Chief Development Officer Over 20 years experience working in the design & build industry.
Building on the success of the projects delivered for Gymshark and Arthrex at Blythe Valley Business Park in Solihull, Oktra have completed a further six projects with key clients in central Birmingham, from its local office based at Bennetts Hill House.
This includes three offices in the new landmark commercial property at 103 Colmore Row for Grant Thornton, RSM and Facepunch Studios as well as the design and delivery of offices for West Midlands Growth Company and Orega at The Colmore Building in addition to Capsticks LLP at 1 Temple Row in the Central Business District.
At 26-storeys high, 103 Colmore Row is the tallest office building in Birmingham and offers over 230,000 sq ft of Grade A office space. The new building, developed by Stirling Property Ventures and let by Knight Frank, Colliers and Cushman & Wakefield is a leading example of new high-quality commercial space. With an EPC ‘A’ Rating and BREEAM Excellent accreditation, 103 Colmore Row has market leading sustainability credentials which has helped establish it as a quality commercial offering.
Traditionally, the Central Business District in Birmingham has been primarily occupied by tenants from the financial sector and professional services. The prime location and provision of quality space has meant this part of the city has driven demand and kept rent high. As the offering in Birmingham develops and attracts more investment, there are more companies looking to break the mould and capitalise on the best real estate in B3. Facepunch Studios relocated from Walsall to take 12,500 sq ft on the 8th floor of 103 Colmore Row in a significant move that demonstrates the diversification of tenant profiles in the city.
As the lure of Birmingham office space grows, more companies like Facepunch will look to tap in premium space which helps them attract the best talent and attract staff back into the office. This underlying creative culture is beginning to emerge from Birmingham and is reflected in the uptake of office space from the gaming and media sectors. This reflects the growing interest and investment in central Birmingham office space as more people are looking to take advantage of relocating business premises into the centre.