At DeVono, we’re experts in sourcing office space to rent in Silicon Roundabout. This promising part of London is tailor made for technology brands, so if you work in this sector, there is no better place in the city for your business to do business. Plus, there’s always a varied selection of offices in Silicon roundabout available to let, ranging from high-end, ultra-modern offices, to quirky spaces in converted buildings.
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When David Cameron launched his idea for a California-style technology hub to the north of the City clustered around the Old Street roundabout, no-one knew that it would enter the journalistic lexicon with such speed.
It has even now crept into the everyday language to such an extent that if you mention Old Street roundabout, some people may not know where you are talking about. It has been adopted equally by the people and companies who call it home, and the office agents who deal with office rental in Silicon Roundabout on a day-to-day basis.
However, the emergence of a technology hub to the north of the City wasn’t the brainchild of the current Prime Minister. It has actually grown rather organically over the last few years, driven by the high prices in the West End (and perhaps from the dot com bubble at the turn of the century). Tech start-ups have traditionally searched for areas with a buzz for creativity, and whilst Clerkenwell and Shoreditch in the east have been a bit oversubscribed recently, the obvious place was the rather windswept, ugly midpoint between the two. Thus, Silicon Roundabout office space quietly but assuredly became a major concern in the London commercial property market.
The term ‘Silicon Roundabout’ gained its name in 2008 from Matt Biddulph, then CTO of Dopplr, one of the companies situated in the area.
Google were occupiers of office space in Silicon Roundabout before purchasing its new headquarters which is close to Kings Cross. Derwent London has recently been developing a significant part of the area with a 270,000 sq ft mixed use scheme that features a new ‘white collar factory concept’ and a new public square.
It remains to be seen how much of an impact these new developments have on the wider economy, but with more than 300 technology companies already choosing office space to let in Silicon Roundabout, the future is bright.
The Old Street roundabout straddles the border between the boroughs of Islington and Hackney and is a notorious traffic and accident hotspot. Connections here are excellent though providing access north and south via the Northern Line, and even an Overground line to the north. It is located at the intersection of the Old Street and City Road on its east-west axis.
You can see a selection of Silicon Roundabout offices to rent using the map search above.