Coworking company Mindspace is expanding to the U.S. after growth in Europe and Israel, and one of its first two locations is in D.C.
On July 1, the company is set to open a 31,000 sq. ft. space inside One Franklin Square on K Street. With about 100 offices and two-dozen more workstations, it has space for more than 500 members, according to Mindspace CEO Dan Zakai.
Mindspace, which is also opening a U.S. location in San Francisco this summer, is looking to expand in the U.S. after opening 20 locations in Israel, the UK, Germany and Poland.
“Washington D.C. is a global city with a vibrant economy,” Zakai told us via email. “After analyzing the competition in the area and the overall demand we found the city is a driver for flexible office space.”
While the city has no shortage of new coworking spaces opening recently, Mindspace has a more upscale offering designed to cater to more established companies.
“As Mindspace is the premium option, it naturally attracts the most established startups as well as enterprises that chose to move their HQ or specific departments like innovation and product to the spaces,” Zakai said. “Being available for companies of that caliber opens the door for endless opportunities in a variety of industries and allows us to have a hand in their success.”
While coworking is often associated with startups, we’ve seen more companies looking to reach bigger businesses.
The D.C. location of Mindspace can also serve as a place for employees of these companies traveling internationally to work or host a meeting, Zakai said.-30-