App developer Victor Pontis has staged a stunt to highlight the cost of co-working spaces and office rents in San Francisco, and the amount of space taken up by car parking. Founding WePark as a cheeky alternative to WeWork , Pontis fed a meter and set up desks in parking spaces on 16th Street and Market in the city. It's a concept that may only be workable in mild climates, however - and even then, critics worry that the lack of access to certain amenities makes 'co-parking' an impractical stunt. Monthly office rent in San Francisco averages $76.28 per sq ft, so an office the size of a standard nine foot by 18-foot parking space would cost about $12,357 a month to rent, or about $17 an hour. By contrast a parking meter charges $2.25 an hour. The app is free for anyone who signs up, but users are charged $0.50 if they leave their device unattended.
App developer Victor Pontis has staged a stunt to highlight the cost of co-working spaces and office rents in San Francisco, and the amount of space taken up by car parking. Founding WePark as a cheeky alternative to WeWork , Pontis fed a meter and set up desks in parking spaces on 16th Street and Market in the city. Monthly office rent in San Francisco averages $76.28 per sq ft, so an office the size of a standard nine foot by 18-foot parking space would cost about $12,357 a month to rent, or about $17 an hour. By contrast a parking meter charges $2.25 an hour. The app is free for anyone who signs up, but users are charged $0.50 if they leave their device unattended.