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January 10, 2014

TechTown Opens Junction440 as Shared Work Space for Entrepreneurs

By Veronica Grecu, Associate Editor

 

Junction440 – co-working space in Detroit

With so many startup companies choosing to operate from Midwest-based offices and leaving behind already established technology centers such as Silicon Valley, the demand for affordable office space in Detroit is stronger than ever.

TechTown Detroit, a non-profit business incubator and accelerator based in Midtown within the Woodward Technology Corridor SmartZone, seized this opportunity and recently opened a new co-working space designed for entrepreneurs seeking an affordable, flexible and active work environment.

Named Junction440 (four-forty), the 20,000-square-foot co-working center occupies the entire first floor at 440 Burroughs Street, a concrete structure designed by famed architect Albert Kahn and built in 1927. The rest of the building houses TechTown’s public event facilities, office and administrative space, and lease commercial space from floors two through five. The Michigan Chronicle reports that the historic 440 Burroughs, which served as the Chevrolet Creative Services building, recently completed a $1.5 million renovation funded by the U.S. Department of Housing and Urban Development.

Junction440 – co-working space in Detroit

Besides shared or dedicated desk and office spaces for entrepreneurs, amenities at Junction440 include: free Wi-fi access, free parking spots on the northwest corner of Cass & Amsterdam Streets), bike racks, day lockers, and kitchen access with refrigerator space.

To have access to the shared working spaces, entrepreneurs can choose from a variety of membership options: day passes for $20, monthly passes for $250 or $375 with a dedicated desk, or 10-pass punch cards for $150.

 

Images via Junction440

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