Denver-based Women in Kind is closing less than two years after the local female-focused co-working provider launched. The company announced Tuesday that it will close its doors at 1 p.m. on Aug. 31, and employees are being offered severance packages. They cited the rapid growth of competition in the area as the reason for closing the centre. Rise Collaborative has opened along Colorado Boulevard, and Charley Co. and The Riveter have signed leases. Competitor The Riveter, which announced plans to open in Denver earlier this year, has agreed to purchase Women in Kind’s business assets, and offer a discount to members that transfer to The Riveter when it opens in June. Denver-based ESQLegal and Union Stanley Coworking have also closed this year.
Denver-based Women in Kind is closing less than two years after the local female-focused co-working provider launched. The company announced Tuesday that it will close its doors at 1 p.m. on Aug. 31, and employees are being offered severance packages. They cited the rapid growth of competition in the area as the reason for closing the centre. Competitor The Riveter, which announced plans to open in Denver earlier this year, has agreed to purchase Women in Kind’s business assets, and offer a discount to members that transfer to The Riveter when it opens in June. Denver-based ESQLegal and Union Stanley Coworking have also closed this year.