Introducing Startup Suites

CoCo is introducing a new type of workspace at its downtown Minneapolis location.

Startup Suites are dedicated spaces that give startups and fast growing businesses a flexible alternative to conventional long-term office leasing. CoCo has 6 of these spaces of varying sizes, available starting April 1.

Startup Suites are fully furnished and networked rooms with lockable doors that can accommodate from 8 to 16 members, depending on the size. The suites are on the same floor, but not within, the main CoCo space.

Best of all, these spaces are available with a short-term commitment of 6 months and without personal guarantees required by conventional landlords.

Startup Suites provide the benefit of having dedicated space, for focus and security, but with all the benefits of a coworking space, such as:

  • 1 Gigabit fiber Internet
  • Bookable meeting rooms
  • 24/7 access to the historic trading floor for collaborating with other companies
  • Fresh coffee served Monday to Friday, 8 a.m. to 5 p.m.
  • A full kitchen
  • A mailbox and unique mailing address
  • The opportunity to visit CoCo’s other three locations during business hours. 

Rates are as follows:

  • Suite for 8 members (including 30 meeting room hours): $2,000/mo.
  • Suite for 14 members (including 40 meeting room hours): $2,800/mo.
  • Suite for 16 members (including 50 meeting room hours): $3,200/mo.

Each suite requires a $250 registration fee and 6-month commitment.

Interested? Please contact membership@cocomsp.com to learn more or schedule a tour.

Traditional Office Lease vs. Startup Suite at CoCo

  Traditional office lease Startup Suite at CoCo
Dedicated space for 8 people $1,300-$2,000/mo. $2,000
Drop-in access to spaces worldwide  X included
1GB fiber Internet $3,000/mo. included
Furnished $5,000 (financed = $150/mo.) included
Full kitchen $10,000 (financed = $500/mo.) included
Unlimited gourmet coffee $300/mo. included
Maintenance & cleaning $180/mo. included
Receptionist/office manager  $3,000/mo. included
Events & Education X included
Ideas & inspiration X included
Commitment 3-5 years 6 months
Personal guarantee? Most likley Never!
Community X Priceless
Totals $8,430 – $9,130 $2,000

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