This Crystal City Accelerator Is The Post Coworking Space Startups Are Looking For
Washington, D.C.’s growing population of startups is getting more room to grow.
Gould Property Co. has launched an initiative that will offer modern, amenitized office space to high-growth companies in the Greater Washington area.
AccelSpace, which has been in development for two years in Downtown D.C., now plans to expand to a second location in Crystal City, Virginia. The program was incubated at Georgetown University's McDonough School of Business and was publicly launched in Crystal City at the BIG Cyber Conference April 24.
The nation’s capital has quickly become a hub for tech companies and innovators, rivaling established tech areas like Silicon Valley. D.C. is the third-best tech city followed by San Jose, California, and San Francisco, according to a Cushman & Wakefield report. C&W attributed D.C.’s high ranking to its dominance of life sciences and government, making it a hotbed for entrepreneurs and tech workers who are looking to be close to policymakers.
AccelSpace provides flexible leases for high-credit, B-round startups. The space is best suited for tenants with teams of 15 to 45 employees and for companies looking for lease terms between three and five years. The prebuilt Crystal City offices offer common areas that include a café, library, swimming pool, sauna and private gym. Employees on business trips can take advantage of long-term airport parking, and for the wellness-minded, a Zen-inspired outdoor garden provides space to de-stress.
AccelSpace tenants are assigned an interior branding and signage expert to personalize each 2,500 SF to 3K SF suite to match the corporate values and culture of each firm. Tenants are given immediate access to the suites within days of signing a license agreement.
AccelSpace technology suites have provided HQ space for well-funded startups like TransitScreen, AlphaVu and the Young Invincibles, as well as corporate headquarters for national organizations like Real Clear Politics. The accelerator space will further cement Crystal City’s growing reputation as a regional innovation hub for both civilian and military government companies, joining other entrepreneur-focused spaces like WeWork, Bytecubed, Eastern Foundry and SineWave Ventures.
AccelSpace’s military advisory team includes Nathaniel Martin and Franco Gould. Martin and Gould are combat veterans with service overseas in the infantry and special operations community of the U.S. Army, and both work in the commercial real estate industry of the Baltimore and Greater Washington areas.
An open house will be held on Sept. 24, and AccelSpace is currently preleasing suites and full floors. Rich McCoy, Jessica Kelley and Charles Lancaster spearhead the leasing team. For media and leasing inquiries, please contact: email@example.com
This feature was produced in collaboration between Bisnow Branded Content and the Crystal City BID. Bisnow news staff was not involved in the production of this content.