Entrepreneurs / Small Business  May 1, 2015

Innovate 36 coworking space opens in Broomfield

BROOMFIELD – A former accountant and commodities trader turned real estate investor has opened a coworking space in Broomfield, hoping to capitalize on the ever-growing activity along the Highway 36 corridor between Boulder and Denver.

Jay Buster purchased the former medical office building at 80 Garden Center out of foreclosure in 2013 for $750,000. Over time, he’s converted the 30,500-square-foot building into about 60 private offices that he’s leased out on a per month basis as they’ve been built. But the new coworking space has been his biggest wish for the site, which sits at the northeast corner of Highway 287 and Midway Boulevard, since he bought it.

The facility as a whole is dubbed Innovate 36, with the new space called Coworking at 36.

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“The coworking space I’m hoping creates energy and buzz,” Buster said Friday.

The coworking space is about 2,000 square feet, with the Innovate building also including phone booths for private calls and conference rooms. But pricing is where Buster is planning to make his biggest splash, offering memberships to the coworking space for just $36 per month.

Buster said his intent isn’t really to make money from the space. The private offices, which range in size from 150 to 350 square feet and in price from $250 to $500 per month, are how he makes ends meet on the building. And he’ll complete the buildout of Innovate 36 in September with 12 more private offices.

Buster is offering complimentary access to the coworking space for the month of May to try and generate interest.

“I’m not going to make money on the coworking,” Buster said. “I just want to create a hotbed of activity. If the room is filled with a bunch of programmers interacting with each other and everybody’s talking, I will be very happy.”

BROOMFIELD – A former accountant and commodities trader turned real estate investor has opened a coworking space in Broomfield, hoping to capitalize on the ever-growing activity along the Highway 36 corridor between Boulder and Denver.

Jay Buster purchased the former medical office building at 80 Garden Center out of foreclosure in 2013 for $750,000. Over time, he’s converted the 30,500-square-foot building into about 60 private offices that he’s leased out on a per month basis as they’ve been built. But the new coworking space has been his biggest wish for the site, which sits at the northeast corner of Highway 287…

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