Coalition's Co-Working Community

Why did New York-based MicroOffice co-founder David Rotbard set his sights on Chicago? Less density than the coasts but significant market depth and growth potential, says the co-working maven, who’ll be speaking at Bisnow’s Chicago Creative Office Summit tomorrow. Entrepreneurs are setting up shop and staying put, with capital from small venture funds. The firm opened its Coalition co-working space in the penthouse suite of 18 S Michigan Ave last month (snapped last year while under construction), and occupancy continues to rise as it rolls out regular educational programming. The space has been tailored to green tech companies (like Energy Foundry).

A finished shot. (Bet you weren't expecting that carpet.) It’s important to bring community clusters together, David says, “The success rate is higher and the motivation is greater.” At its newest project, Coalition River North (405 W Superior), MicroOffice has more bandwidth since they own the entire 50k SF building. David’s thought about tapping into the financial technology sector, in addition to social impact startups--for-profit companies focused on making a difference. David himself is just back from a trip to Burma.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building