About
Affordable workspace policies are enacted by local governments and provide space in new developments at below-market rents to certain types of businesses, including startups and small- and medium-sized enterprises. Developers can provide affordable workspace in a number of ways. The space can be leased and managed by an affordable workspace provider, managed by the owner of the new development, or leased by the property owner to one or more businesses. Affordable workspace providers are usually commercial property owners, social enterprises, or foundations.
STAKEHOLDERS
Government or Public Agency
Strategies in Action
Hackney Business Network’s Affordable Workspace Policy – London, England
The Hackney Business Network is a council-run initiative to support local businesses and make the neighborhood more accessible and inclusive. Hackney’s affordable workspace policy applies to all commercial developments with 1,000 square meters or more [...]
