100% Membership Rate Since September 2014 Drives Rapid Growth Plans
Chicago, IL (February 17, 2015) – Assemble Shared Office announced today the successful results the company has seen since its September 2014 launch, along with new plans for expansion. At its launch, the space was 60% preleased, a number that quickly grew to 90% by the end of 2014. As of February 2015, the Gold Coast office stands at 100% full, and the significant demand has powered Assemble’s plans for expansion.
“Assemble has quickly become recognized as the preferred shared office solution for local startups, entrepreneurs, freelancers, and small businesses up to 10 people thanks to its unique mix of modern aesthetic, beautiful design, and great amenities,” said Phil Domenico, Co-Founder of Assemble. “From location to features to cost, it covers all your needs for a truly productive workday: a real turnkey solution.”
Prior to being Assemble Shared Office, the Gold Coast location was a trading firm. With a $1M investment from friends and family, Assemble was able to give the space a new buildout – something completely new that catered to modern business needs. The result is 14,000 square feet comprised of 50 offices.
The entire space features a dramatic aesthetic with high 13ft ceilings, reclaimed wood (from a single barn in Michigan) throughout, 20th century factory filament bare bulb pendant lighting fixtures, antique brass chandeliers, polished concrete floors, beautiful artwork by David Molinaro, and glass walled offices with fantastic views of the neighborhood. The entrance features a lit up wall of fame featuring photos of members – a nice touch to the community vibe. Generous common areas and regular member functions encourage a sense of community, and amenities such as printing, WiFi,coffee, and conference rooms are included in the monthly cost with no additional charges. Current Assemble members include such notables names as Postmates, Spaceways, Caviar, Educators 4 Excellence, and The Lynn Sage Foundation.
“Having been in different shared spaces in the Chicagoland area, Assemble is the ideal situation for the Chicago team,” said Justin Apuli, Partner at Caviar Chicago. “Close to public transportation and centrally located, Assemble provides a private space for my team to collaborate while still having the chance to interact with other companies. The thriving community of startups and entrepreneurs in the building help us push our own initiatives further. It’s everything you could want out of a shared office.”
Assemble’s next Chicago-area office will be its West Loop location, scheduled to open in early April 2015. The Gold Coast location continues to get 5-6 applications per week which compliment the flexability of the month-to-month leases. This will drive strong demand for the new West Loop office, and Assemble members will receive access to both spaces, along with future Assemble spaces. Assemble’s further plans include expansion on a national level (Miami, Minneapolis, Raleigh in the works) with offices featuring a consistent set of design standards, amenities, and community focus. The company’s goal is to create the foundation for a thriving network of like-minded professionals, all utilizing the Assemble platform to propel their businesses forward.
The first — and only — shared office in Gold Coast/Old Town, Assemble gives you everything you need to communicate, collaborate, and get the job done. Private glass-walled offices in a beautiful loft space present dramatic city views, all ideally located in the best neighborhoods. With free-to-use amenities and a tight-knit community of driven professionals, Assemble shows that an office can be much more than just work; with Assemble, inspiration is simply part of the workspace.