The Queensland Government and CoSpaces have officially announced today the new management agreement of Queensland’s biggest tech hub, The Precinct, set to commence from 1 March, 2024.

As a registered Queensland Real Estate Agency, CoSpaces will take over the management of commercial operations, including strategy, leasing, facility management, compliance, asset management, and reporting.

The team will also take the lead on community management, brand and marketing, integrated partnerships, events, activations, and program delivery.

The Precinct, located in Brisbane’s Fortitude Valley, is Queensland’s leading startup hub, bringing together startups, scaleups, the XR and AI Hubs, incubators and investors under one roof. The Precinct is part of the $755 million Advance Queensland initiative, established to support innovative businesses and attract tech talent to the sunshine state.

The CoSpaces team, Director, Ben Howe, COO, Ariana Margetts, and Director of Programs, Dren Xerxa, are responsible for establishing and managing some of Queensland’s largest innovation communities, and designing and delivering innovation programs that create more knowledge-based jobs in Queensland across entrepreneurship, technology and the emerging sectors.

“I’m looking forward to working with the Queensland Government, to drive the next chapter of the Precinct. We have a dynamic team at CoSpaces who have designed new programs to promote and increase The Precinct’s capability and in-turn, generate wider social and economic outcomes by improving business productivity, innovation and creating knowledge-jobs of the future” Mr Howe said.

CoSpaces currently manage Cohort Innovation Space, the Queensland AI HubLX Health, and OldStation.