Coworking spaces are gaining momentum in North Texas with more than 35 places now available in the region.
While many are locally owned, the new WeWork location in Uptown Dallas is part of a corporate chain, The Dallas Morning News reported. It will open in January.
New York City-based WeWork plans to open a second, larger location — 80,000 square feet of space — in Thanksgiving Tower in downtown Dallas in the spring. More than 300,000 square feet of coworking space has been absorbed with the Uptown/downtown area in two years.
Together, the two WeWork locations will have space for 2,550 startups, freelancers, and others who want a nontraditional workspace.
The concept of coworking spaces has grown as more people work remotely, freelance or start their own tech company.
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It's the first acquisition by WeWork as a public company since its new CEO's arrival. Common Desk, founded in Dallas by Nick Clark in 2012, has grown its network to serve 4,000 customers at 23 locations in Texas and North Carolina. It will now operate as "Common Desk, a WeWork Company."
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It was only last January that Trive Capital—a Dallas-based PE firm—formed Karman in a partnership with AMRO Fabricating and Aerospace Engineering. The Systima acquisition is the fifth transaction Trive has completed in the last 12 months in building the Karman platform into an aerospace and hypersonic powerhouse.
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A new GolfTEC training center has opened in Southlake to help duffers straighten their slices and handle their hooks. The new 2,900-square-foot facility features four indoor training bays powered by TECSwing, using Foresight Sports simulators for lessons, club fitting, and practice. Each training bay is equipped with OptiMotion, a motion tracking innovation that "sets a new standard for how golf swings are measured and the way golf instruction is delivered," according to the company. Put off by your putting? The facility also has an indoor putting green with lessons utilizing TECPutt, a motion technology that analyzes face angle, loft, and path…
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The brave semi-frozen beverage was launched by Irving-based 7-Eleven from one of its stores in Saginaw, Michigan, to honor that state's record Slurpee consumption. The innovative marketing stunt also demonstrated the last-mile benefits of 7-Eleven Delivery.
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The 178,000-square-foot facility is a result of a $100 million investment and collaboration with the McKinney Economic Development Corporation—which included an already-complete commitment to generate 500 skilled jobs. RI&S plans to build an even larger facility by 2025 that will generate 700 more jobs.
