CommonGrounds opens a 25,621 square-foot flexible workplace in the heart of Fort Worth’s Central Business District
First location in Texas celebrates opening with Boswell High School Drumline
SAN DIEGO, Calif. – September 12, 2019 – CommonGrounds Workplace, a national enterprise-grade Workplace-as-a-Service (WaaS) and coworking company, opens its first Texas location on the ground floor at 702 Houston Street in downtown Fort Worth.
The CommonGrounds’ Downtown Fort Worth Workplace is on Houston between 6th and 7th Street, two blocks from Sundance Square and three blocks from the Fort Worth Convention Center. The 25,621 square-foot workplace encompasses the entire ground floor with XTO’s multi-story parking garage above. The entry wall features a black and white hand-painted cattle mural by local artist, Marnie Vollenhals, that celebrates Fort Worth’s historic stockyard roots. Complementing the modern art in the entry and communal pantry is an 8.5-foot live plant wall that leads to the private workspaces. With windows on all four sides driving an abundance of natural light, the workplace offers spacious private offices, team rooms, and coworking spaces, with four video-enabled conference rooms, several additional casual gathering areas, and an INVITA barista offering Italian coffee beverages. Bike racks and showers are available, and the public transit station a few blocks walk from the workplace
Downtown Fort Worth is the fifth CommonGrounds Workplace location to open in 2019, as part of the company’s $140 million Series A funding expansion program. There are now nine CommonGrounds Workplaces open in various U.S. cities with an additional eleven under construction planned for opening later this year into mid-2020.
“Fort Worth has a relatively low number of coworking companies and ranks as one of the fastest-growing cities in the country,” said Jacob Bates, chief executive officer for CommonGrounds. “CommonGrounds Workplace will be a welcome addition to the local business community providing a higher quality enterprise-grade flexible workplace solution for their rapidly growing and expanding workforce.”
Fort Worth is the 13th-largest city in the United States and the fifth-largest city in Texas according to the Fort Worth Chamber. The City welcomes 9.4 million visitors annually and in recent years, has become a center for industry, technology, distribution, and transportation. Consistently ranked among the top places in the nation to work, live, and do business by Money, Fortune, Site Selection and Newsweek magazines, Fort Worth boasts several advantages that attract and retain companies that include a pro-business city government, a well-educated and work-ready labor force, and a highly competitive cost of living.
“CommonGrounds sound mitigating demountable wall systems offer members the ability to brand and customize their workspaces literally on demand and for 70% less cost and 90% faster than our competitors,” stated Bates. “We understand different jobs, and even work styles, require specific layouts to reduce friction and increase productivity, and we want that accessible and affordable to companies of all sizes. Fort Worth is an excellent example of our human-centric design principles and friction-reducing design at work.”
The CommonGrounds Workplace in Fort Worth will serve 360 members in various configurations. Each environment is brandable for its members and includes the latest meeting technologies, high-speed dual-provider gigabit network, and top-tier data security. Our workplace has larger phone booths with room for one or two, private retreat rooms, multiple interwoven social gathering spaces, and an abundance of biophilia and light throughout. Work life programming features notable speakers, networking events, lunch and learns, and personal growth and wellness series.
The Boswell High School Drumline performed to celebrate the opening of the workplace and marched from Sundance Square in full uniform two blocks to the workplace in celebration of the grand opening for local businesses, dignitaries and staff. The Boswell High School Drumline is a three-time WGI World Championships World Class Semi Finalist, and a WGI World Championships Open Class Finalist. They have also won the North Texas Indoor Drum Line Championships three times in recent years and participate in community events and celebrations all over the North Texas. The 35-member drumline group has been guided for the past nine years by Stuart Spoon who is also the high school assistant band director.
CommonGrounds in-house design division oversaw the multi-million-dollar renovation, which was executed locally based Pacific Builders, Inc. CommonGrounds in-house design division designed the workplace and the local architect of record was Hahnfeld Hoffer Stanford. Sound abating demountable wall systems are by Tecno (Milan, Italy). Customizable enterprise-grade furniture is by San Francisco-based Pair.
Alycia Medina (503-606-8853) is the Workplace manager and CommonGrounds has hired the local brokers Vic Meyer and Cullen Donohue with Stream realty Partners (817-877-1305).
About CommonGrounds Workplace
CommonGrounds Workplace is a Workplace-as-a-Service (WaaS) operator with flexible workplace products and services. The company’s enterprise-grade, human-centric workplace typologies create highly productive and brandable environments for companies from start-ups to Fortune 1500 enterprises.
CommonGrounds currently has locations open in Denver, the greater Los Angeles area, Minneapolis, Portland, Salt Lake City, San Diego and San Jose. To date, total leases and management agreements under contract comprise approximately 516,000 square feet in 21 locations.
CommonGrounds will expand its footprint to two million square feet across roughly 50 locations in the next 18 months. There are twelve U.S. sites actively under construction slated to open in 2019 and 2020, with another 30 U.S. locations under development in primary and secondary markets.
Headquartered in San Diego, Calif., the privately held company completed its Series A funding in January 2019 totaling $100 million. CommonGrounds was established in 2015. For more information, please visit cgworkplace.com.
