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There is a severe shortage of affordable office space in the South East; the demand for new homes makes it more attractive to redevelop commercial space for residential use. CapitalSpace stands out as one of the few companies investing in supporting new and growing businesses with affordable, flexible accommodation that enables them to scale up and down easily. Their nine business centres across the South East are enjoying record occupancy levels, prompting the investment in a new building at the Churchill Square site in Kings Hill to provide accommodation for an extra 30 companies.
It was officially opened on 30th May by Tonbridge and Malling MP, Tom Tugendhat. A former Territorial Army officer, Mr Tugendhat said he is now dedicated to serving the community and is happy to see CapitalSpace has the same goals: ‘Small businesses are the backbone of our economy here in West Kent. I’m delighted that CapitalSpace have made this investment to provide much-needed facilities for those who need it. There remains a shortage of space locally and that’s why it is no surprise that all the offices have been filled already.’
His enthusiasm was shared by the mayor of Tonbridge and Malling, Cllr Pam Bates, who commented: ‘I am delighted that CapitalSpace have made this fantastic investment in brand new offices with modern meeting rooms and facilities, to enable even more local people to cut out or reduce their commute, so they can spend even more time in their office growing their business – or maybe even have more time at home with family and friends.’
The dignitaries were joined by many CapitalSpace customers and partners to celebrate the opening of ‘Building 80’.
Such an investment rightly deserves wider acknowledgment, so we were delighted to secure media coverage of the official opening both before and after the event for CapitalSpace. We were also thrilled to share a glass of bubbly to mark the culmination of their investment and hard work in opening Building 80 on time and on budget.