Virtual reality innovation studio, vTime, has expanded its growing operation at Elevator Studios, taking additional office space at the Baltic-based creative hub.
Formerly known as Starship launching in 2013, the company initially secured 2500 sq. feet of studio space before eventually taking the entire floor. As growth came fast and thick for vTime, the team grew rapidly, and the following year they took an additional floor at Elevator. The recent expansion includes the new top floor space, secured under a long term lease to a total of 6,000 square foot.
Tim Speed, managing director and co-founder of Elevator commented: “Elevator naturally attracts business from within the creative sector due to its location, layout, general vibe and environment. vTime chose to launch their business from Elevator and have had huge success during the past three years. We’ve been able to support them through their expansion, offering varied and flexible space, that’s been aligned with their growth.”
Elevator is home to a number of games companies including Ripstone, Catalyst and Lucid and is recognised nationally as a regional hub for the sector. Tim continued: “We have some really incredible companies housed here from within the games sector, who are naturally gravitating towards Elevator. With 90,000 sq. feet and super-fast broadband, we are able to be incredibly flexible in the type of space we offer, working with small start-ups to large internationally recognised businesses such as vTime.”
Led by senior veterans from Evolution Studios and Sony Studio Liverpool, the multi-award winning firm is headed by Martin Kenwright – CEO, and Clemens Wangerin – MD. Clemens commented: “Elevator has been the perfect base from which to launch and develop our business. We were keen to be in the Baltic area and the Elevator building. In our view, Elevator was one of the centres that helped kick-start the regeneration of the area. It is a wonderful building that has retained its original features and integrity, giving us the room to expand, whilst offering us the perfect environment in which to be creative.”
The new office, boasts wonderful 360 degree views of Liverpool, and will now be used by the senior management team at vTime.