Triangle’s coworking market keeps changing – our Startup Guide offers latest info

WRAL TechWire has been tracking the growth of coworking spaces and startup incubators across the Triangle—from Raleigh, Durham and Chapel Hill to surrounding towns such as Knightdale, Rolesville, Pittsboro and Wake Forest. The Triangle’s vast network of “startup spaces” is featured in an interactive map we’ve produced as a part of our exclusive Triangle Startup Guide.

One emerging trend we’ve noticed is the influx of new spaces popping up outside of the Triangle’s three anchor cities of Raleigh, Durham and Chapel Hill. Over the past few years, towns such as Knightdale, Pittsboro, Cary and Wake Forest have opened new coworking and office spaces that are well-suited for small businesses and startups.

WRAL TechWire’s Triangle Startup Guide has a section featuring local incubators and coworking spaces. Readers can flip through the interactive map.

Office Ours, for example, is a growing coworking and office suite company with three locations in Cary and Raleigh. The Cary office, located on 1144 Executive Circle near Kildaire Farm Road, is the latest addition to the company’s network of spaces. The location includes a 10-person conference room, an open concept break area, white noise machines, a lobby for guests and a privately-owned parking lot.

Wake Forest’s Hatch Coworking has also recently expanded, adding a new space this year in Knightdale called Hatch64. With flexible membership options, Hatch64 caters to entrepreneurs, freelancers, service providers, sales professionals and creatives. The space includes designated desks and open coworking, an events and training center, conference rooms, a cafe and a private podcasting studio.

Another recent entrant is the new Industrious location in Raleigh’s Wells Fargo Capitol Center. The space opened in August 2020 and marks Industrious’ second office expansion in downtown Raleigh. (In 2015, the national working chain opened a space in Raleigh’s Charter Square building.) The new Wells Fargo Capitol Center location spans over 27,000-square-feet and offers private offices for teams, dedicated desks for individuals, and virtual memberships. Members get access to a range of amenities, including a wellness room, conference rooms, event space, office supplies, breakfast and coffee, outdoor space, dining options and a fitness center.

While there’s been substantial growth in the community this year, the COVID-19 pandemic is not an easy hurdle for the coworking market. Some spaces have closed since March, including WeWork’s Durham.ID space and The Mothership and Nido in Durham.

At the same time, virtual office memberships are becoming commonplace at coworking spaces in the Triangle and nationally. And, in-person tenants are adapting to social distancing protocols and other safety measures, marking a dramatic shift in how startup teams live and work on a daily basis.

As the local coworking community continues to evolve, TechWire will be here to chronicle all of the latest changes to come. We’ve been making weekly updates to the Triangle Startup Guide for the past year to ensure that the resource-packed guide is as up-to-date as possible. In addition to the coworking map shown in the gif above, the guide also features sections for VC/angel funding, networking groups, grants and competitions, accelerators and mentorship programs, and more resources. Check out the whole package here.

If we missed a resource that you think we should add to the Triangle Startup Guide, please feel free to submit it for inclusion. You can email me directly, tweet me @shannoncuthrell or use this contact form.