(DETROIT – Jan. 7, 2014) Today TechTown Detroit announced the official opening of Junction440, its new co-working space for entrepreneurs, located in the recently renovated first floor of its historic 440 Burroughs Street building in Midtown Detroit. Entrepreneurs seeking work space in the city are invited to attend an open house for Junction440 on Tuesday, Jan. 21 at 6 p.m., as part of Co-Lab Detroit, a one-week event to introduce entrepreneurs to seven Detroit co-working spaces.
Co-working is a central element of TechTown’s $1.5 million, 20,000 square-foot first-floor renovation, funded by the U.S. Department of Housing and Urban Development. The rest of the space features TechTown’s public event facilities, and acceleration, incubation and administrative suites, while floors two through five now strictly house the building’s commercial tenants.
The official opening of Junction440 comes after a one-month beta test, where potential co-working members helped break in the space. Entrepreneurs seeking an affordable, flexible and collaborative work environment can now select from a range of membership options, including day passes for $20, 10-pass punch cards for $150, and monthly memberships for $250 or $375 with a dedicated desk. Amenities include access to like-minded peers, educational resources, meeting and event spaces, bike racks, kitchen with refrigerator space, locally roasted and freshly brewed coffee, lockers for day storage, and free parking, Wi-Fi and printing.
TechTown’s building was designed by famed Detroit architect Albert Kahn in 1927. It first served as a service department for Pontiac, then later became the Chevrolet Creative Services building before sitting vacant for many years prior to TechTown’s initial five-floor renovation, which was completed in 2004.
Detroit-based architecture firm Centric Design Studio and interior design studio Patrick Thompson Design created an open and inviting first-floor space – a blank slate for creativity and idea sharing, and a nod to the building’s innovative roots. Other features include rentable, sophisticated event spaces ranging from approximately 150 to 1,800 square feet; innovative enclaves such as small phone-booth style rooms and study lounges; and an open kitchen serving as a pop-up location for local food entrepreneurs to test their products before hard launching in a Detroit retail storefront. By this summer, the first floor will flow into the Living Room, Midtown’s community gathering space to be located in the current parking lot just east of the building.
“This space will become a hotbed of innovation, a dwelling for serendipitous encounters and a catalyst for the redevelopment of Midtown’s broader innovation district,” said Leslie Smith, president and CEO of TechTown. “With an open, flexible and vibrant first floor, anchored by the Junction440 co-working space, TechTown will be uniquely positioned to foster an even larger community of engaged, connected and better-served entrepreneurs who will accelerate our local economy.”
To register for the Junction440 open house during Co-Lab Detroit week, go to junction440openhouse.eventbrite.com. For more information on Junction440, please visit junction440.com or email firstname.lastname@example.org.