Union Cowork helps smaller retail tenants kick start their business by leasing them space on the ground floor of the coworking facilities, which CEO Jamie Miller refers to as “micro-retail.”
“It’s critical for us, because part of our brand identity includes the makeup of all kinds of businesses,” said Miller. “The shift of retail to online sales has decimated the malls. We find there’s a lot of value to have a retail street presence in a mixed-use commercial environment.”
Now, Union Cowork will open its second Los Angeles location, in addition to its six across San Diego, on Palmetto Street in the Arts District neighborhood
The facility will offer coworking spaces, conference and meeting rooms, a podcast room, community and event space and kitchen amenities.
The retail area will offer a variety of tenants, such as coffee shops, diners, experimental concepts and much more. Miller said he is hoping to sign 12 to 15 different tenants to take up 300 square feet to 3,000 square feet of space.
Eva De Leon signed a month-to-month lease to take up 225 square feet of space at Union Cowork in 2017 for her flower boutique company Sage Sisters. She said this allowed her to see whether her concept was profitable and sustainable, while discovering her customer base.
“I was able to grow my audience organically and test the market. It’s a great incubator, especially for retail,” said De Leon.