Digital Hub to Set Up Shop in Tannery Redevelopment Project

March 4, 2010 at 12:31 pm Leave a comment

The new centre that is being created to foster the development of the digital media economy in Waterloo Region will make its home in the redeveloped historic Lang Tannery building in downtown Kitchener.

After months of speculation the centre would be a tenant in the Tannery building, it was officially announced today that The Communitech Hub: Digital Media and Mobile Accelerator, more commonly known as The Hub, will lease 30,000 square feet of space in the building at Victoria and Joseph streets.

The building, owned by Toronto-based developer Candan, has been undergoing a massive $30-million redevelopment. The digital hub is expected to move in this summer.

The centre will partly be an incubator to grow early stage companies that are developing new digital media products, said Kevin Tuer, vice-president of digital media for Communitech, a technology association in Waterloo Region.

In addition to the 5,700 square feet of space devoted to the new enterprises, the centre will also have 3,000 square feet of “partner lab space” for large established technology companies, such as Christie Digital, Open Text, Agfa Healthcare and Research in Motion, Tuer said. They will use the space to showcase technologies and foster potential partnerships with the startups.

Digital media is being broadly defined to include not just computer games and social media, but also digital tools that can help health care, finance, mineral exploration and other sectors collect, organize and visualize data.

The centre will also be used for events. There will be space for speakers and meetings, state-of-the-art videoconferencing capabilities and experts on hand to help the new businesses grow.

Source: TheRecord.com

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Entry filed under: Kitchener, Waterloo Region. Tags: , , , .

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