CHICAGO—MakeOffices, a national provider of co-working spaces for start-ups and other new economy companies, will on June 1 open its third and newest community in Chicago, this time at 541 N. Fairbanks in the Streeterville neighborhood.
Formerly known as the Time Life Building and now owned by Northwestern Medicine, the site is near the many advertising agencies, professional associations and healthcare institutions that saturate the area between N. Michigan Ave. and Lake Michigan north of the Chicago River. The 19,800-square-foot location will be the largest co-working space in the neighborhood.
“This is a very dense part of the city,” MakeOffices chief executive officer Raymond Rahbar tells GlobeSt.com. “It has a very large ecosystem of start-ups and small businesses and that is what we look for.” The firm has already opened sites in River North and at 1 N. State St. in the Central Loop, along with sites in its hometown of Washington, DC and in Philadelphia.
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