Along with the national impact of coworking companies like WeWork, Impact Hub and District Cowork, a number of locally-based coworking spaces are thriving as they meet demand in Charlotte.
A 2018 CBRE study found that just 1.8% of all office space in the Charlotte market is coworking space, while the national average is 5%. Advent Coworking doubled its space on Louise Avenue last year and was quickly at full occupancy.
Lincoln Harris has an opportunity for the first coworking or creative office space in the Midtown submarket at Lincoln at Dilworth.
Currently the space is in shell condition, but a tenant-friendly lease could provide funding for improvements to make the space creative, collaborative and welcoming to creative employers.
There currently is no coworking space in Midtown, but there is plenty of traditional office space under development.
Nearby, Pappas Properties plans a $250 million mixed-use project in 2020 that includes 281,000 square feet of office space and a planned hotel.
“Our coworking space is different than a lot of others in Charlotte. We have a unique spin to help entrepreneurs,” Brokaw says.