Brooklyn coworking space The Yard to open Philly branch this fall - Technical.ly Philly

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May 11, 2016 12:41 pm

Brooklyn coworking space The Yard to open Philly branch this fall

“We’ve always thought Philadelphia was the next natural expansion,” said Yard founder Richard Beyda.

The Yard in NYC.

(Courtesy photo)

The Yard, a New York-based coworking space with six locations in the Big Apple, will open a Philadelphia branch with 24,000 square feet of office space this November.

Joining an increasingly competitive market, The Yard will be located in the Steele Building at 15 S. 11th St., following a transformation that includes new windows and a stripped interior, bringing back the original structure.

“We’ve always thought Philadelphia was the next natural expansion,” said Yard founder Richard Beyda. “It has some similarities to New York that we always look for. We did extensive research in town and settled at Midtown Village because it had the best vibe and correlated exactly with where we’re going as a brand.”

The projected renewal of the Steele Building.

The projected renewal of the Steele Building. (Courtesy image)

The bulk of the renewed space will house private offices, each fitting somewhere between one and 15 people.”The Library,” an open office space setting with storage capacity, will be offered as a mid-level option. Smaller shared spaces will also be made available.

Beyda said The Yard will rely on its flexibility and comfort to stand out in the Philadelphia market, which already features many coworking spaces.

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“We have a unique brand because we can have a brand like Uber, whom we’ve hosted in the past, next to a creative professional like an architect or a writer,” Beyda said. “We can drive people from different industries to collaborate together.”

Founded in 2011 in Brooklyn, The Yard is also gearing up to open offices in Washington, D.C., and Boston by spring 2017.

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Roberto Torres

Roberto Torres became Technical.ly Lead Philly Reporter in May 2016. Prior, he was a freelance contributor to Technical.ly and Al Dia News. The native Venezuelan moved to Philadelphia in 2015 after reporting on research at his alma mater, the University of Zulia. Whenever he's not fencing deadlines, he can be found standing in line at Overbrook Pizza in West Philly, running Netflix/Hulu marathons with his wife or reading news from Venezuela.

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