Novel Coworking

Novel Coworking[1]
Private
Industry Workspace company
Founded 2013 (2013)
Founder Bill Bennett
Headquarters Chicago, Illinois, United States
Website www.novelcoworking.com

Novel Coworking is an American co-working and office rental company.[2] Its main clientele are small businesses, such as entrepreneurs and satellite office teams, that need flexible office space. The company currently operates in 22 locations in 18 cities: Alexandria, Boulder, Charlotte, Chicago, Cincinnati, Dallas, Denver, Houston, Indianapolis, Jacksonville, Kansas City, Minneapolis, Nashville, Pittsburgh, Richmond, San Diego, Savannah and Seattle.[3][4][5]

Background

Novel Coworking was founded under the name Level Office by Chicago entrepreneur Bill Bennett in 2013. The idea was initially conceived in 2007, when Bennett couldn't find flexible, short-term office space for his first business.[6] Novel Coworking's founding building is located at 73 W. Monroe Street in Chicago's Loop, opened in September 2013, followed by two more locations in the Loop in 2014. In late 2014 and early 2015, the company expanded to Texas with two locations in downtown Houston and one in downtown Dallas. In August 2015, Novel Coworking opened its seventh center, in Charlotte, North Carolina's Uptown neighborhood.[7] In December 2015, Novel Coworking purchased the historic Pioneer Building in Seattle's Pioneer Square neighborhood.[8] The company renovated the building's interior to create private offices and co-working space for Seattle small businesses.[9] The company added a location in Jacksonville, Florida's historic Groover Stewart building in February 2016.[10] Founder Bennett teaches Real Estate Entrepreneurship at Kellogg[11] and has led experiential learning courses in which Kellogg MBA student teams consult on sophisticated real estate issues. Real Estate Lab clients include the Blackstone Group, Equity Office Properties, Vornado Realty Trust, Sterling Partners, Caesar's Entertainment, Principal Enterprise Capital, the Northwestern Investment Office, Antheus Capital, McCaffery Interests, and others.[12][13] In August 2018, the company rebranded as Novel Coworking in order to more accurately represent the company’s goal of partnering with clients to provide the space and resources they need to innovate and write their story.[14]

Mr. Bennett received his bachelor of science degree in engineering from Purdue University, a master of science in engineering management from Northwestern University, and his MBA from the Kellogg School.[15]

References

  1. ↑ (August 13, 2018) "Level Office Announces Rebranding as Novel Coworking," EIN Newsdesk
  2. ↑ Danielle Abril (June 12, 2015). "Level Office to open coworking space at historic Katy Building in Downtown Dallas". Dallas Business Journal. Retrieved August 4, 2015.
  3. ↑ Ely Portillo (April 17, 2015). "Co-working company buys building on Fourth Street". The Charlotte Observer. Retrieved August 4, 2015.
  4. ↑ "7 questions with the new kid on KC's coworking block". www.bizjournals.com. Retrieved 6 June 2017.
  5. ↑ "Co-working company buys River North loft building". Crain's Chicago Business. Retrieved 6 June 2017.
  6. ↑ Nancy Sarnoff (March 4, 2015). "Google-inspired office space in downtown Houston". The Houston Chronicle. Retrieved August 4, 2015.
  7. ↑ Ted Williams (May 28, 2015). "Level Office brings 3 floors of coworking space to Uptown". Charlotte Agenda. Retrieved August 12, 2015.
  8. ↑ Lerman, Rachel (December 23, 2015), "Seattle’s latest co-working space is the historic Pioneer Building," The Seattle Times
  9. ↑ Stiles, Marc (December 22, 2015) "Co-working company enters Seattle by acquiring prominent Pioneer Square building," Puget Sound Business Journal
  10. ↑ "Level Office to be latest addition to co-work operations Downtown". www.jaxdailyrecord.com. Retrieved 2016-05-17.
  11. ↑ http://www.kellogg.northwestern.edu/faculty/directory/bennett_william.aspx
  12. ↑ "William Michael Bennett - Faculty - Kellogg School of Management". www.kellogg.northwestern.edu. Retrieved 6 June 2017.
  13. ↑ "Chicago firm to turn Liberty Ave. building into co-working space". Pittsburgh Post-Gazette. Retrieved 6 June 2017.
  14. ↑ (August 13, 2018) "Level Office Announces Rebranding as Novel Coworking," EIN Newsdesk
  15. ↑ "Tim Bennett - The guy who got NZX on track". New Zealand Herald. 3 December 2016. Retrieved 6 June 2017.
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