Partner Article

Innovation Studio ZeroLight sign tenancy for Live Works

Pioneering North East visualisation specialist ZeroLight have agreed single occupancy of the new landmark Live Works building, developed by Live Theatre on Newcastle’s Quayside.

ZeroLight, who deliver in-store and online visualisation solutions for automotive brands including Audi AG and Pagani Automobili, will move to the prestigious new location and add their innovative digital talent to the cultural and creative community growing around Live Theatre.

Located at 55-57 Quayside, Live Works has been developed by Live Theatre and designed by architects Flanagan Lawrence, and has finally completed the ‘missing gap’ in the façade of Newcastle’s Quayside. Live Works is a finalist in the New and Old category of the World Architecture Festival 2016 of which the winners will be announced in November.

Jim Beirne, Chief Executive, Live Theatre, said: “We are delighted to welcome ZeroLight to Live Works and as a neighbour of Live Theatre. As a dynamic and creative business we are sure that they will be a welcome addition to the creative quarter Live Theatre has been creating on Newcastle’s Quayside and welcome them to enjoy the beautifully designed and well positioned office space that Live Works offers.“

Darren Jobling, CEO, ZeroLight said,

“Moving our headquarters to the premium Live Works location on Newcastle’s iconic quayside is an investment in our future. The modern interior, prestigious location and world-class facilities provide the perfect setting for our continued growth as the world’s leading real-time 3D visualisation solution. We’re delighted to be moving to a new office location that reflects our position as an employer of choice and embodies our values of quality, collaboration and innovative thinking.“

Live Works’ modern interior will provide the perfect setting for a series of innovation spaces, serving current employees whilst nurturing future personnel as part of an industry recognised internship and graduate scheme. The takeover of the whole four floors of the Live Works building for exclusive occupancy will cater for the growth of ZeroLight’s workforce whilst providing unrivalled views of the Tyne’s landmarks. Three terraces overlook Newcastle and Gateshead quaysides with views of the Tyne and Gateshead Millennium Bridges, Sage Gateshead and Baltic to the south and to the north the views include the newly developed Live Garden public space and a series of historic Almshouses which have been recently restored by Live Theatre.

Paul Callaghan, Chair, Live Theatre said:

“We are delighted to welcome ZeroLight to the Live Works building, their enthusiasm and appreciation for their new high spec office space, and location on Newcastle Quayside. This wonderful project is not just significant for Live Theatre but also for the area as a whole. We are very proud that we have been able to transform the space into something so special that will be appreciated not just by us, but by ZeroLight’s talented team and clients as well.“

Live Works forms part of a continuing diversification of the Live Theatre business model, and will provide an additional commercial income stream from its letting enabling Live Theatre to grow and sustain its work in the production of new plays, developing creative talent, education and participation. The quayside office development sits alongside existing commercial property also acquired by Live Theatre and the whole is designed to create new revenue streams for Live Theatre from rental income to enable Live Theatre to extend its work. Live Works is set within Live Garden a new garden and outdoor performance area linking the theatre with the Quayside.

The £10.5m entire project cost is supported by a £2.1 million grant from the North East European Regional Development Fund (ERDF) Programme 2007 to 2013, a loan from Newcastle City Council and grants from Arts Council England, the Catherine Cookson Charitable Trust, the Gillian Dickinson Trust, The Esmée Fairbairn Foundation, Garfield Weston Foundation, The Sir James Knott Trust, The Monument Trust, Investment and Contract Readiness Fund and the Wolfson Foundation. The letting has been completed with help from letting agents Knight Frank, and legal teams from DWF LLP and Watson Burton.

For more information on ZeroLight see www.zerolight.com and on Live Theatre see www.live.org.uk.

This was posted in Bdaily's Members' News section by Live Theatre .