Rachel Stone of the Advocate Oak Cliff reports on the purchase of a former manufacturing plant in Elmwood at 1300 S. Polk, by real estate developer Monte Anderson, who undertook the incredible transformation of the Belmont Hotel in West Dallas. Located on the DART Light Rail network, it will offer entrepreneurs in the Dallas/Fort Worth region a new co-working space.
The 127,000 square foot behemoth will be transformed into a co-working space for those who are interested in creative industrial fields, including woodworking, welding, furniture-making, and machining, among others. The development team is hoping to attract those who create using re-purposed materials, but there are also plans to include traditional co-working spaces as well. The intention is to keep many of the large spaces open in order to encourage collaboration among those who work there and if it is possible to re-zone the area, there is also the plan to build new residential buildings creating an entire co-working village with micro-residential units.
This new space is unique in that there is a DART Light Rail station right there but no huge parking lot, creating what feels like a private stop at Tyler Station. The close proximity to the DART stop makes the location attractive to those from around the entire region due to its ease of access. This is a unique option for DFW entrepreneurs to experience a new setting, in a new environment, that looks to offer great opportunity to those who create things with their hands.