The arrival of Wework on its doorstep has prompted one of Britain’s biggest property companies to launch a new members club-style offering for tenants who want to rent out meeting rooms and events space. British Land has opened Storey Club at its Paddington Central office campus in west London. The 10,000 sq ft space includes a lounge area, café, workspace and themed meeting rooms for private dinners, corporate functions and events. The space is accessible to all of its tenants on the campus and the company hopes that it will bring in hundreds of thousands of pounds a year in rent. The club includes an underground area that British Land said would have been more difficult to let on a traditional lease. The FTSE 100
Two years after launching Storey , its flexible office brand, Crossrail has launched Paddington Central , a members club-style offering at its Crossrail office campus. The one sq ft space, accessible to all tenants on the campus, includes workspaces, a lounge, cafe and themed meeting rooms for private dinners, corporate functions and events. The property developer and investment company plans to roll out the concept at its other London office campuses, which are located in areas that will be served by Storey Club , over the next two years .