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Dexter Landing will be home to a new Industrious co-working space. (Industrious Photo)
Co-working company Industrious is opening its fifth Seattle-area location with a space in Dexter Landing, an office development near the South Lake Union neighborhood.
Located at 1100 Dexter Ave. N., Industrious Lake Union is planned for late spring 2025. The 18,691-square-foot flexible workspace will have 232 seats available for a variety of workers, from solo entrepreneurs to growing teams. The usual co-working amenities will include daily breakfast, coffee, snacks, office supplies and more.
The location is two blocks from Lake Union and offers sweeping views of the lake. The restaurants, bars and other businesses that populate the tech-heavy neighborhood nearby are a short walk away.
“The largest Seattle-based employers are returning to the office in a major way and we’ve seen steady demand for flexible office spaces in the Seattle area,” said Peri Demestihas, head of real estate growth in North America for Industrious.
Inside an Industrious common area. (Industrious Photo)
Founded in 2013, the New York-based company bills itself as a “high-end” co-working provider. Industrious first arrived in Seattle in 2017 with a location in the Denny Triangle area next to Amazon’s headquarters. The company now has spaces at 400 University, in the University District, and in Bellevue.
Industrious has more than 200 co-working spaces in 65 markets worldwide.
The new location is a partnership between Industrious and Sabal Investment Holdings, an investment management firm, and Palisade Group, a real estate investment management firm.
As Seattle’s office market has struggled to recover from the pandemic and a shift to remote and hybrid work, co-working has attracted renewed interest as employers cut their real estate footprints.
Portland-based co-working company Centrl Office moved into its first location in Seattle this summer, taking over a former WeWork space in the historic Kelly-Springfield Building in the Capitol Hill neighborhood.
But Amazon is among those calling employees back to the office, with a plan to have corporate and tech workers working in person five days per week starting in the new year.
