TechSpace Plans New Coworking Site in Downtown Austin

New York-based TechSpace Holding Co. announced Monday that it plans to expand into Austin by opening a new TechSpace business center.

The coworking center will be located at 98 San Jacinto Blvd. in Austin’s central business district. TechSpace plans to occupy the entire ground floor and the entire 4th floor of the San Jacinto Center.

Altogether, TechSpace will have 28,000 square feet of space featuring 24 private office suites and 250 workstations and an events space. The center is scheduled to open in January.

TechSpace already operates seven other coworking centers in New York City, Los Angeles, Orange County and San Francisco.

Parkway Properties, a real estate company that owns and operates office properties in high growth regions, is partnering with TechSpace on the project.

TechSpace joins a thriving coworking industry, which has sprung up in downtown Austin, including Capital Factory and WeWork.