PROPERTY developer Carden Place Partnership has announced it will “significantly upgrade and refurbish” a prestigious Aberdeen address to create modern and flexible office space.
The Hive will be a multi-let facility at 1-5 Albyn Place. The property comprises three buildings, which are set to benefit from an overhaul of the new entrance, cleaning and pointing of the granite façade, and the creation of communal spaces and facilities to promote collaborative working.
The Hive is said to blend traditional with contemporary, featuring granite buildings with “imposing” facades, modern rear extensions and open plan floorplates. The site is set to be ready for tenants from June this year, providing them with a “blank canvas” to create a space that works for them.
Chris Grinyer, managing partner at Shepherd Chartered Surveyor said, “The address is currently one of the most sought-after buildings within Aberdeen. Following its refurbishment, the property will have the classic charm and prestige of a west end office but with the modern facilities required by today’s businesses.
“Having an impressive 85 car parking spaces which is unheard of within the city centre, this has been a massive plus point for all interested parties. It’s no surprise that we’ve had a high level of interest within weeks of the property returning to the market.”
The developer said the property and concept have already attracted “significant interest” from legal, oil and gas, and finance businesses.
Jonathan Harper, director at Carden Place Partnership said, “Times have changed in Aberdeen and it’s important that we adapt to meet our tenants’ expectations. With collaborative, flexible working on the rise, the need for open plan work spaces has increased.
“This address has always acted as a benchmark for the commercial property market within Aberdeen. We are proud to see it return and hope to attract new businesses to the West End by offering alternative city centre business space.”
When fully occupied, The Hive is expected to bring over 300 people to the area.