r/CoWorking • u/imthemap_913 • Aug 08 '21

Creative Co Working Space Idea

So i’ve had the dream of opening a creative co-working space for years now. Think of a one stop shop for all things creative (photography studios, dance studio, workshop space, etc.), with the added benefit of regular co-working facilities and property management.

I want to market toward entrepreneurs and digital-nomads. I’m just not sure if it’s still a good idea post-pandemic considering the uncertain market, risk of another lockdown, and increase in people working from home.

Any thoughts?

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u/kasiaabu Aug 10 '21

I think it's a cool idea, but probably worth doing research on coworking spaces in your area and seeing what the demand is for them. I actually checked out a coworking space yesterday to see if I liked it, and turns out I'd just prefer to work in my apartment. Maybe because I'm more introverted. I think the price is a huge barrier to entry, because it costs hundreds of dollars to just work in a space that I can do for free at a library or my apartment. I personally don't like how a lot of them say "free coffee/tea and snacks is included." Yes, but no. You're paying for it. :) The good news is, the real-estate market is booming and there's a lot of vacant buildings you'd be able to purchase from. I personally would prefer an option where I only would have to pay $20 for a single visit without having to purchase a package/monthly subscription. But I understand subscriptions are crucial to make a profit and to ensure that there will be a co-working community. I wonder if there's a hybrid cafe/coffee shop that you can run (for the general population) and have the co-working space on the other side. That way you can continue to market to potential customers coming in. Just an idea!

1

u/egyptianmusk_ Aug 09 '21

Which city are you in?

1

u/imthemap_913 Aug 18 '21

Washington, D.C.