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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCOhatch, a growing Ohio-based chain of coworking centers, says it plans to open 10 locations in the Indianapolis area over the next five years, starting in the northern suburbs.
The company announced Monday that it plans to venture into Indiana for the first time by opening a location at Hamilton Town Center in Noblesville in spring 2020.
The Worthington-based business has 10 locations in Ohio, primarily in the Columbus and Dayton areas.
COhatch said it is working with mall landlord Simon Property Group on several local spaces. Its plan for the Indianapolis area also includes “an additional seven locations in walkable urban areas requiring revitalization and building restoration that honor the history and architecture of each space,” the company said.
At Hamilton Town Center, COhatch is filling a 7,000-square-foot space next to men’s clothing retailer Jos. A. Bank, according to Simon Property.
The company describes itself a “new kind of shared work, social and family space” that can be used by “individuals, startups, small businesses, large corporations and non-profits.”
COhatch offers coworking and social memberships. The Noblesville space will include private offices, dedicated desks, game areas, coworking spaces, meeting rooms, conference rooms and indoor and outdoor event spaces.
The company said it has been working with real estate investment trusts such as Simon to “repurpose and revitalize former retail spaces as more and more shopping malls transition to multi-use properties.”
COhatch was co-founded by Matt Davis in 2016 in a former hardware store in Worthington. The company offers coworking memberships ranging from $59 to $399 per month.
“Hamilton Town Center in Noblesville offers a great environment as a destination site for shopping, dining, hospitality and entertainment,” Davis said in written comments, and is a “perfect first location in Indianapolis” for COhatch.
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There’s no better way to kill a mall than eliminate the retail and replace it with office space. Look how well the Indy Star has done for Circle Center.
The mall was in decline long before IndyStar moved in and their presence in no way has hastened retailers from leaving or prevented other stores from opting in considering ample space is available for rent. I’d rather have some semblance of movement and vitality than a ghostly empty space like the vacant three floors from Carson’s.