The growth in Atlanta’s startup scene can be attributed, in part, to a world-class support network. Georgia Tech and incubators such as Atlanta Tech Village, Atlanta Technology Development Center (ATDC) and more, are helping to create a vibrant community of innovators and serve as excellent home for early stage startups. However, there comes a time in a company’s journey when they must leave the incubator nest. Whilst securing an office space for your startup is fun and exciting, it can also be a distraction and a drag on resources – both human and financial. Among many other factors, it’s crucial to consider the impact your space will have on the culture of your business and your ability to recruit, the access to clients or capital the space could potentially provide and the capability of a location to accommodate change and rapid growth.
The Atlanta startup community is spread across the entire market however, for many early stage companies, being in-town or “ITP” is crucial to their success. Georgia Tech offers access to the region’s brightest minds as well as a plethora of resources in the form of their incubator, ATDC. Additionally, their Enterprise Innovation Institute connects entrepreneurs to funding entities and multinational corporate partners. Access to these resources make the Midtown area the optimum area for startups.
Midtown proper is the ideal location for any technology company, large or small, but its high demand space, unfortunately, comes with a serious price tag. Flexible private office options in trophy Midtown buildings will often cost $400 all the way up to $1,400+ per desk. There are, however, many flexible office solutions within Midtown as well as lower cost options in West Midtown, Old Fourth Ward and Downtown.
From a culture and recruitment perspective, name brands such as WeWork, Industrious and SPACES will often come out on top based on the quality and highly “amenitized” space they provide.
However, there can sometimes be a significant price premium for those amenities. In contrast, sometimes a local boutique provider may provide fewer amenities but a more affordable option.
Local providers often serve as the best creative space options for companies or entrepreneurs operating on a tight budget. Downtown’s pricing on private office is significantly lower with options ranging from approximately $150 per desk up to $720 per desk. Establishments such as Downtown’s Flatiron Building, Peachtree Offices or Alkaloid Networks are just a few potential solutions for an early stage technology company looking to be close to Midtown’s plentiful resources, but at a cost right for any business. These locations feature vibrant, light-filled office space with a local Atlanta flair.
Our Atlanta team is dedicated to helping companies of all sizes find their perfect flexible office space. Get in touch today to see how the Workthere advisors can help your business grow through pinpointing the best flexible solution for your needs. We take the time to understand what drives you; we use robust data and experience to educate you every step of the way and negotiate the best deal on your behalf, all for free!