It is the intention of the Network to operate its administrative, content generation and studio functions from the same combined space. This will enable personnel levels to be minimised by the combination of certain administrative functions with content and broadcasting responsibilities. Management will, as a result, be within easy access of the day-to-day functions of the Network, improving access and information flow. The preferred option is to lease space within the financial centres of chosen cities. However, consideration has also been given to operations being set-up in commercial centres outside of cities, but in close proximity to international airports.
Consideration has also been given to City vs. Industrial area locations. While Office space as a studio facility within a city centre is generally more expensive than warehousing in an industrial area; converting warehousing would require complete modification of the building and installation of facilities from fresh including air-conditioning and a considerable amount of sound-proofing, while office space typically only requires upgraded specification as a studio. Access to Industry and Commentators on a variety of issues is seen as more easily achieved within City centres — therefore, particular thought has been given to the cost of locations.
Space requirements vary with each Budget Tier – The required allocations for the number of square feet (sq ft) are made on a floating calculation proportional to the number of employees and allotted facilities as set out in the Tier tables of each Budget Tier. Following initial enquiries, advice and discussions with real estate agents, adequate allocation of funds has been made for lease, rates and service charges as appropriate.
Allocation and Consideration has been made for:
- The City of London
- New York City (Lower Manhattan)
- Tallinn (Enquiries On-going))
The heat generated by broadcast studio facilities is notoriously associated with the need for substantial amounts of air-conditioning. The Network plans to apply the best in design, most eco-friendly and energy saving approach to this issue. Energy saving LED lighting will be used throughout the Studios to reduce the burden of air-conditioning. The application of a fully robotic studio pedestal system will remove people from the studio floor, saving the generation of 400-500 BTU per person per hour, or an approximate total of 2,000 to 2,500 BTU per hour. Studios utilising LEDs have been seen to achieve reduction in energy use of at least 25%.
General Office Equipment, Outfitting & Furnishings
A policy of the best quality, with the greatest efficiency, reliability and best back-up at the least cost is the preference. Most equipment requirements in this category are comparable to ‘white household goods’, and are expected to be replaced rather than repaired when they have passed their useful life. Appropriate budget allocation has been made to fit out facilities. This budget includes desks, storage, seating areas, green rooms, couches, kitchen facilities, meeting rooms and executive office suites. The majority of the layout will be open plan.
You can download a copy of the Investment Deck (Presentation) here or use the Contact Form to write to us.