Company Culture
Business development / Coworking / Real estate

New H Street NE coworking space will be for ‘mature’ millennials

A Bond Collective location coming in spring 2019 knows its target audience. Others can try the WeWork a few doors down.

A rendering of the forthcoming Bond Collective location, the company's first in D.C. (Courtesy image)

H Street NE suddenly has a glut of coworking options.

The area already offers Locale Workspace, WeWork Apollo and Flex Office Space. By the second quarter of 2019, it will offer a new shared-office experience, this time from Bond Collective.

Originally known as Cowork|rs, Bond Collective is a New York-based coworking company that offers five locations in New York and a forthcoming spot in Philadelphia. Bond Collective will open its first location in the nation’s capital at 609 H St. NE with a hospitality-focused brand that hopes to differentiate itself from the others by modeling its space more as a boutique hotel than a den of standing desks.

“We feel that a lot of the spaces market towards the startup community, and we really want to be marketing to all communities and all businesses,” Bond Collective CEO and cofounder Shlomo Silber told Silber also says he hopes for the location to appeal to “the more mature millennial,” someone that appreciates shared workspaces, but who still wants a “more mature” environment.

“Other shared workspaces really are trying to cater to that fresh-out-of-college ‘startup’ young millennial that appreciates more, I would say, graffiti art and slogans on the wall, neon signage, foosball, ping pong, beer pong, things along those lines — and we really don’t have a lot of that in our space,” said Silber, who describes Bond Collective as focusing more on luxurious furniture and artworks.

Another quirk that comes with teaming up with Bond Collective is that tenants will be able to vote for what amenities they want in the space. Already, there are plans for two “bistro” kitchens, a coffee bar, a gym with a locker room, a private rooftop and bike storage. Silber says that there are still more amenities to come, though, which will all depend on what the tenants desire.

The decor in one of the company's New York City locations. (Photo courtesy of Bond Collective)

The decor in one of the company’s New York City locations. (Photo courtesy of Bond Collective)

Spanning 30,000 square feet across two entire floors, the H Street NE location will be able to accommodate approximately 500 people with prices that will start at $350 per month for coworking and start at $700 for a private office, Silber says. Currently, there are no photos available of the space as it is still in the construction phase, but renderings show that it will feature floor-to-ceiling windows. The traditional offices will range in occupancy from one to 10 people, while the scalable setups will be able to accommodate teams of up to 50 people with swing spaces and IT and security services.

Bond Collective’s plans for the future are to expand even further. Already, locations being considered include Nashville, Austin, Dallas, Houston, Chicago and Minneapolis. There is also interest in opening a boutique hotel provider attached to a coworking space in Miami. The location has been chosen, but the address has not yet been released.

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