IT'S TIME TO MOVE YOUR BUSINESS TO WYNWOOD
In case you are not familiar with the three rules of real estate they go as follows: location, location, location. While property value may seem a bit arbitrary, it’s pretty black white; it depends on aesthetics, economic outlook, access to local businesses, and, of course, the people.
Those same factors should be taken into consideration when selecting an office to run your business. When looking for a workspace you have to ask yourself: Will it be a place where your business can thrive? Is it located in a neighborhood that attracts the right talent? Will your organization have the ability to establish connections with local businesses?
If you have been operating out of South Florida, or plan on getting an office down here. You will find that several of Miami’s real estate blogs claim that Wynwood is (quickly) becoming the premier business hub in South Florida. With easy access to Downtown, Brickell, the Design District, and South Beach, it has become an ideal place to conduct business and enjoy yourself after work hours.
The Backstory of Wynwood — How It Became the Epicenter of Art & Innovation for the City of Miami
Had you visited Wynwood about 20 years ago, you would’ve never imagined it being a global destination, or a 50+ block open-air museum featuring the work of Shepard Fairley, Kobra, and other legendary street artists. Instead, you would’ve found an industrial warehouse district with small galleries, right next to several working-class communities.
When Tony Goldman saw the neighborhood, he had a vision of what it could become. As he did with SoHo (NYC) and South Beach, he bought and developed a lot of land across Wynwood and turned what was once viewed as a decrepit business area to a hip residential area with an artistic soul.
Fast-forward to 2020, and you can find Wynwood featured as one of the coolest neighborhoods in the world on Timeout Magazine. Home to the city’s best restaurants, designers, and hundreds of innovative businesses. Like Goldman envisioned, the run-down factories became canvases for world-renowned street artists, and (post-renovation) the buildings of Wynwood now house hundreds of businesses.
The Case for Setting Up Shop in Wynwood
Location. Location. Location. The burgeoning neighborhood is a place where small-to-midsize businesses grow into large brands.
There have been dozens of articles written about the growth of Miami’s tech scene over the past couple of years, and the city has always been an entrepreneurial hotbed. So it makes sense that Wynwood has become the neighborhood that is cultivating the new generation of entrepreneurs.
Bonus Tip: Open your business’s door every second Saturday of the month. With Wynwood’s Art Walk the 400+ businesses open their doors to foodies, shoppers, art enthusiasts, and potential customers.
DOES OPERATING OUT OF WYNWOOD ATTRACT MORE TALENT?
What young and innovative mind doesn’t want to work in Wynwood? In fact, Area Vibes shows that the Median age of the 18,000 people in the Wynwood neighborhood is about 35 years old significantly lower than the Miami average of 39.7.
You don’t need that much data to back the fact that Wynwood is an eclectic, vibrant neighborhood filled with up-and-coming professionals. Just go to one of the many restaurants or bars (message us for recommendations!) and strike a conversation — you’ll find inhabitants and professionals that are looking to help each other and grow.
People want to work out of a great neighborhood where they have the option to have fun when it’s time to punch the clock. So setting up shop in Wynwood gives you and your team the ability to celebrate after a big win, or have a good meal and cold beverage after a long week.
And if you’re looking for events to start meeting some of the business owners check out the events that we host here at Minds Cowork; where you can meet some of the best “minds” in Wynwood and South Florida.
GET AN OFFICE SPACE AT A RELATIVELY LOW COST
There’s no denying that starting up or moving your business can be costly. If you’re looking for office buildings or office space in Miami, you’ll find that prices are expensive ain the Downtown and Brickell area.
It’s also worth noting that leasing an office building in Wynwood can be expensive (low by Miami’s standards), but if you’re looking for a place to scale your company in Wynwood you’ll have your fair share of coworking spaces.
There are several advantages in working out of a coworking space; access to events, networking with other businesses, less of a hassle when it comes to setting up shop (Wifi, Electricity, Office Materials, etc.), and you get to be in a community — so your company doesn’t “live in a silo.”
In just one-year Minds Cowork has helped businesses start up under our roof and gone on to get their own office building in the neighborhood. We even had one become our front door neighbor! So we hope to house you in the near future and help your business thrive!
How Minds Cowork Can Help Get You Established in the Neighborhood
Here at Minds Cowork, we’ve established an ecosystem for entrepreneurs, creatives, businesses, and leaders to thrive.
Aside from providing an office for you to get your stuff done; we introduce you to the people of Wynwood and leaders in the Greater Miami area. We know that our success is dependent on the success of the individuals and companies that grow under our roof.
If you want to give us a shot and talk to some of our team members book a tour and visit our space today. We can even give you a day pass so you can see what it’s like to work with brilliant minds.
Looking to Move Into the Neighborhood?
Whether you’re an established company or a solopreneur getting off the ground, we would love to help you get acclimated to the neighborhood. Reach out to us at info@mindscowork.com and we’ll give you a tour of our space.
