Jan 04, 2019

Washington Ave. Coworking Tenant Above Julep Revealed


The tenant for the Washington Avenue corridor's first dedicated coworking space has been revealed.

Washington Office Co. signed a seven-year lease for just over 8,000 square feet at 1919 Washington Ave., according to previous HBJ reporting and building permits filed with the city of Houston. Washington Office Co. will open at 1919 Washington Ave. by February 2019, Matt Arceneaux, the founder of Washington Office Co., told the Houston Business Journal.

This is Washington Office Co.'s first location, according to the company's website. Its website describes the space as "tech-heavy and modern," and an interior rendering of the space shows a small kitchen and dining area, an open seating area and several private office spaces. The space also includes a large hospitality bar, Arceneaux said.

"It takes up about 20 to 30 percent of the space and it's a big open area for all the different members to gather and meet in an open area," Arceneaux said of the hospitality bar.

A basic membership starts at $450 per month, according to the website. Private and executive office memberships start at $1,200 per month. A virtual office membership, which provides clients with a mailing address, access to the hospitality bar and intermittent access to meeting rooms, starts at $39 per month.

The property at 1919 Washington Ave. is being redeveloped by Houston-based firms Baker Katz LLC and Braun Enterprises. Baker Katz and Braun Enterprises couldn't be reached for comment.

A building permit associated with Washington Office Co.'s buildout listed Corinthian Contracting LLC as the general contractor and the cost of construction as $560,000.

Baker Katz and Houston's Braun Enterprises bought the 17,000-square-foot building at 1919 Washington Ave. in September 2016 in a joint venture. The historic property is also home to Julep, a popular cocktail bar and Gulf Coast restaurant.

Read the original article here.