Just a quick note: $11-$12/sf???? We're at $25/sf-$40/sf here in L.A.! Also, how successful have you been to accommodate 2:1? I haven't tested that limit here at BLANKSPACES, but can't imagine that we'd be able to hit it either.
Jerome ______________ BLANKSPACES "work FOR yourself, not BY yourself" www.blankspaces.com 5405 Wilshire Blvd (2 blocks west of La Brea) Los Angeles, CA 90036 323.330.9505 (office) On Jan 7, 2011, at 10:00 AM, Jazzman3 wrote: > To our friends at Denver Coworking.... > > What space? What do your members or potential members want? > Managing the space? Managing the members? Really the essential > questions raised in the course of setting up coworking space. > > Some guiding principles: 1) Have members and/or potential members go > through the space (if possible) and get their feedback. Angel and > the other coworking pros are correct in "what do your members (and > prospects) think?" > 2) After managing many buildings (both personal and professionally), > and running a business incubator for 11 years, you need to consider > the building (space) itself. If the space is the hardware (space, > HVAC, internet, lighting, flexible space, etc), and the community is > the software (programming, members, events, coworking community), you > really need both to make it work. And while leading with community > is essential, if the heat doesn't work, or the Internet is down, or > the space isn't flexible, the community side isn't supported and your > coworking space (and community) will not work in the long term. > 3) From the building side (space support), more flexibility, more open > space, more options is better. At DurangoSpace, all of our > furnishings (Hon Huddle, Hon Basyx, 9to5 Brio exec seating, Mayline > Valore task seating are on wheels and flexible. We plan on > rearranging our space all of the time. However, with walls, you are > limited. But you need some walls to define space. Those needs > are more critical than "Loft vs. Mansion". > 4) In our business model, based on the coworking metrics of 2 members > per one workspace, and 100 SF per workspace, we have calculated space > this way: Our DurangoSpace is 2650 SF in the 1200 block of Main > Avenue in Durango, CO. So that would be about 26 workspaces > (capacity), with could serve 40 to 50 members (max at 50). But we > need 23 members (or equivelent) to break even, and 30 to 40 is the > sweet spot. But to do this we had to have $11 to $12 SF rent. > Some places in town were $14 to $22 SF, which was outside our revenue > model budget. So back to you Mansion vs. Loft: Can your members > afford it? > > Hope this helps. > > Jasper > DurangoSpace > > > On Jan 2, 4:10 pm, Denver Coworking <[email protected]> wrote: >> I am trying to select a new location for a cowering facility in Denver >> and I'm debate the type of building. I noticed that Conjuncture is in >> an old mansion and it's really working for them, in fact they are >> expanding to the neighboring house. Most other coworking spots are in >> office buildings or converted lofts with a few other ones being in >> strip malls, although the strip mall coworking facilities are a bit >> rare. >> >> From your experience what do you like the most and why - old mansion >> v. open office layout? >> >> My pros and cons: >> >> Old Mansions >> >> Pros: Great home feel, yard and patio access, available cheap street >> parking, segmented rooms with up to 8 to 10 cowers in each, lounge >> space, kitchen, showers often included for bikers, lower rents. >> >> Cons: Layout can be broken up to 5 larger rooms v. 1 or 2 larger >> ones, location is off the main streets, less of a professional feel >> (pro and con) for meeting clients at, the lack of a giant open floor >> plan prevents larger (15+) people events being held. >> >> Office/Lofts >> >> Pros: Configured to have a giant open floor plan, more of a >> professional but casual atmosphere, often in a good location, a >> parking lot may be available with the lease, close to public transit, >> often closer to business clients of members. >> >> Cons: Higher rents and expensive parking if lot is not available. >> >> What do you think? > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. > -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
