HQ Raleigh is expanding its presence in downtown Raleigh by adding 15,000 square feet of space in the Capital Club building.

The formal announcement was made early Wednesday. The new space is expected to be available in the second quarter of 2017.

HQ Raleigh says it is leasing four floors in order to be able to offer more space to startups and emerging companies.

“Capital Club gives us an opportunity to address our growing demand for both suites and event space in one of Raleigh’s most iconic buildings,” says Jason Widen a founding partner of HQ Community, which launched as the Hub in 2012.

“Moreover, Capital Club presents an opportunity to accommodate larger teams graduating from 310 S. Harrington, all aligned with our mission to support the scale-up of high impact, high growth companies in Raleigh and across the Triangle,” Widen added.

HQ Raleigh already offers 15,000 square feet in Raleigh’s warehouse district at 310 S. Harrington Street and plans to add 25,000 more square feet at 319 S. Harrington. With its main building filled, HQ Raleigh added 5,000 square feet in another building across from its home office.

American Residential Investment Management (ARIM) to upfit floors eight through 12 at the Capital Club building for HQ Raleigh. 

HQ Raleigh plans to offer suites and flex work space on floors 8-11. The 12th floor will serve as an event space.

The Capital Club is listed on the National Register of Historic Places.