Creative Collaboration in The Baltic Triangle
The Baltic Triangle hub and digital community has a growing collection of over 500 businesses and over 2,000 people. The vast warehouses and flexible workspaces are at the cutting edge of Liverpool’s creative and digital industries. From web designers to recording studios to architects, large shared offices are encouraging collaboration and innovation. Buildings like Hub Squared, Baltic Creative, Flux Studios and Northern Lights are home to a varied and vibrant business culture. There are a lot of micro businesses and small businesses in the area, who are just starting out with huge potential to flourish. Presently, 63% of businesses surveyed had 1-10 employees. These small independent businesses are working together on a range of projects. Events such as Binary Festival and networking mornings are key to encouraging increasing levels of collaboration in the area. There is incredible potential in this up-and-coming area, as companies look to grow their Baltic Triangle business and expand their operations. Flexibility and the freedom to expand have been particularly vital elements in designing innovative working spaces in the Baltic Triangle.
Baltic Triangle Jobs for the Future
Digital and tech companies require a highly specialised workforce, with specific skills and a complex understanding of the tech sector. Instead of trying to poach employees from other companies, Baltic Triangle business is implementing a long-term strategy to develop and grow skills in the area. Because of this, young people are being educated and inspired to take up future Baltic Triangle jobs. The Studio School in the Baltic Triangle offers digital pathway options like coding, entrepreneurship and creativity. The school is also collaborating with local businesses to offer internships, mentoring and career advice to potential digital workers. They also operate the Digital Entrepreneurs Network, actively encouraging young people to consider a career in the digital and tech sectors. The next generation of Baltic Triangle business leaders and innovators are being inspired and nurtured and this forward-thinking approach will provide long-term investment in the Baltic Triangle.
The atmosphere in the Baltic Triangle is charged with innovation and enterprise. Businesses in their infancies are growing alongside world leaders. Ultimately, Baltic Triangle business is fashioning a unique environment ripe with potential. The increasingly skilled workforce attracted to this dynamic location is providing investors with lucrative opportunities across the board. Baltic Triangle investment from digital and tech sector companies is fuelling the transformation of this area. From hip cafes for their lunch breaks to new office spaces for their businesses, the digital and tech sector is boosting the Baltic Triangle like never before.
Property Investment in the Baltic Triangle
Due to the Baltic Triangle’s increasing reputation as one of the coolest neighbourhoods in the UK, demand for residential property has skyrocketed. Jobs in the tech sector are attracting young professionals from the millennial generation, who have been found to be far more likely to rent a property rather than own their own home. As mentioned earlier, salaries in the digital and tech sector are higher than the UK average, meaning that they have greater disposable income to spend on their rental accommodation. For property investors, this means that they can afford higher rental returns and higher-end properties. These young professionals are looking for modern, cutting-edge properties which offer great connectivity and fast WiFi speeds. The Baltic Triangle is perfect for this. Residents are increasingly looking for properties that provide solutions for wellness, sustainability and convenience. One Baltic Square is the perfect example of the modern, high-end apartments with a creative twist that people are looking for in the Baltic Triangle. Features like its roof gardens, open plan design and location next to the popular Baltic Triangle are specifically designed with modern young professionals in mind. Property in the Baltic Triangle is perfect for capital appreciation too, with significant price rises in the L8 postcode. This up-and-coming area with its booming tech sector and successful residents is perfect for property investment.