A new coworking space in Charles Village is offering entrepreneurs and freelancers the chance to work in a shared office.
The Charles Village Exchange
, which began operating Oct. 1, has dedicated about 900 square feet for coworking. The practice involves sharing office space in an environment that is more professional than a home or coffee shop, but that is less expensive and less contractually binding than renting an executive suite. The Exchange joins several other coworking spots
in Greater Baltimore.
The space is located at 2526 St. Paul Street on the third floor of the building, where co-owners Doug Austin and Eve Austin’s businesses are housed on other floors.
The Charles Village Exchange includes an enclosed meeting room, a kitchenette, a lounge, a bathroom, soundproof phone booth and seven workspaces that make up the main area.
The cost varies based on how many desks are licensed and the duration of the license but range from $260 a month per desk to the entire floor for $1,600 a month for a year.
Doug Austin says that he and Eve Austin chose the building about a year ago, when his business, UPD Consulting, outgrew its previous location in Ridgely’s Delight and moved to its current Charles Village location.
“This building in particular is a really beautiful building,” Doug Austin says. “It’s in the heart of Baltimore. It’s close to the train station, which was convenient for us. And we just really liked the neighborhood.”
But after realizing that they had extra space on the third floor, he says that coworking was the perfect way to put the space to use.
“It’s actually kind of exciting to have that kind of energy and different types of people and businesses in the same building with us,” Austin says. “There are a lot of budding entrepreneurs in this neighborhood. We don’t want them to move down to D.C. or Philadelphia or something because they don’t have something like this that is enticing to them.”
Charles Village Exchange will hold an open house on Nov. 20. For the first 25 guests at the event, the business will donate a turkey in each visitor’s name to the Margaret Brent School in Charles Village.
Writer: Daryl Hale
Sources: Doug Austin, Holly Burke, Charles Village Exchange