Croydon is re-establishing its credentials as a major office headquarter hub with the recent relocations of The Body Shop, Superdrug and EDF Energy to the town centre.
As improved facilities have appeared in Croydon with Grade A offices at Interchange and Renaissance soon to be joined by new developments at Ruskin Square and One Lansdowne, so the lure has increased as companies are attracted to headquarter-style facilities at a fraction of the cost of Central London.
Croydon has a strong history as a commercial location, with thousands of government workers having been based in the town for several years, a move which is set to gather pace at Chancellor George Osborne urges departments to streamline and consider moving some of their operations away from Zone One.
The town’s status as London’s fastest growing tech hub, with the arrival of TMRW and Sussex Innovation, as well as being home to the Brit School, is making the borough a centre for creative businesses and start-ups.
With a location just 15 minutes from the West End, the City of London and Gatwick Airport and now identified as a Growth Zone, where more than 20,000 jobs will be created over the next few years, Croydon is well on its way to meeting former Mayor of London Boris Johnson’s description of the town as the “Economic Powerhouse of South London”.