Co-workspace operator CTRL Collective plans to spend $850,000 adding larger private offices to its venue in Denver’s LoDo district. The conversion of storage areas and communal space just over a year after the facility was opened is intended to retain members as their businesses grow. Walston said his company needs to raise between $14 million and $15 million in capital before that location can be finalized, which he hopes will happen by this fall. Five offices with space for 14 to 20 people will be added. The Los Angeles-based company, which also operates three co-working sites in southern California, plans to open a second venue in Denver at the Mass Equities development at 3060 Brighton Boulevard. “People are looking for more space, but they don’t want it all on one floor,” said co-founder Matt McHugh.
Co-workspace operator CTRL Collective plans to spend $850,000 adding larger private offices to its venue in Denver’s LoDo district. The conversion of storage areas and communal space just over a year after the facility was opened is intended to retain members as their businesses grow. Five offices with space for 14 to 20 people will be added. The Los Angeles-based company, which also operates three co-working sites in southern California, plans to open a second venue in Denver at the Mass Equities development at 3060 Brighton Boulevard. “People are looking for more space, but they don’t want it all on one floor,” said co-founder Matt McHugh.