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WeWork, shared workspace, coming to H Street, NE

by Prince Of Petworth — April 12, 2017 at 1:45 pm 6 Comments

wework
600 H Street, NE (entry on 7th Street.)

Thanks to a reader for sending word. WeWork’s website says:

“Shared Office Space Near Gallaudet University
600 H Street NE Washington DC 20002

A fresh addition to the professional scene on the H Street Corridor, our shared workspace at WeWork Apollo is located in a new building in one of DC’s hippest neighborhoods. Sitting above a Whole Foods and surrounded by great eats and classy cocktails, our coworking office is located just north of Capitol Hill. Startups and established businesses in diverse industries love this part of town. With the H St Streetcar and several bus stops nearby, getting to work is a breeze. If you’re looking to shake things up, join us at WeWork Apollo.”

  • Anonynon

    curious when this market becomes completely oversaturated what they will do with all these hip loft style buildings.

    • anon

      agreed– there are already FOS (Flex Office Space) locations on H street (their website lists seven, SEVEN, locations on H street alone). Is there really that much demand?

      • Michael Pierce

        I’ve worked in a couple of these office sharing spaces, and while there was always a lot of turnover, there weren’t a lot of vacancies. I can only assume that it’s a lot cheaper than a traditional office lease.

      • Anonynon

        I mean I see how small business might want it, but you are paying a lot of overhead for ‘free coffee’, I wanted to do it when I worked at home but without my company financing it, the prices were absurdly out of my price range (even for a hot desk), its basically a second mortgage for an office

        • anonymous

          These shared office type places are perfect for small businesses and startups. Leasing a traditional office in downtown DC is extremely difficult and financially prohibiting. The first lease I signed required an insane amount of security deposit, a minimum 5yr lease and audited financial statements for the business. Furthermore, commercial leases are completely different than residential leases. You are on the hook for the entire term of the lease AND most of them will require a personal guarantee which basically means, you as an individual, is on the hook in case the business cannot fulfill the terms. In my opinion, the markup for “free coffee” is worth it to get out of the strangle hold of a traditional commercial lease.

  • srw

    The building in the picture just went up, but it’s located on the 800 block of 7th Street NE. I thought the WeWork space was going in the Apollo on the second floor which is just behind this new building.

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