• 73°

Company creates Salisbury’s first co-working space

Co-working in Salisbury

Josh Bergeron / Salisbury Post - 10 Thread, a collaborative work space, held a grand opening and open house Saturday. The building sits between Mean Mug Coffee Company and Better Loafing Artisan Bread Company on Fulton Street.

Josh Bergeron / Salisbury Post – 10 Thread, a collaborative work space, held a grand opening and open house Saturday. The building sits between Mean Mug Coffee Company and Better Loafing Artisan Bread Company on Fulton Street.

By Josh Bergeron 

josh.bergeron@salisburypost.com

Need to work at 2 a.m.? No problem.

Salisbury is the latest home of a global idea that started in California. Called co-working, the concept allows various individuals or groups to work in a shared office space. The concept started in San Francisco and has spread across the world.

Co-working aims to provide the freedom of working for oneself and the structure and community of working with others, according to Brad Neuberg, who created the first co-working space in the mid-2000s. He started the idea at a company in San Francisco.

Salisbury’s incarnation of the concept is named 10 Thread, which sits in the Fulton Heights neighborhood, at the corner of Ridge Avenue and South Fulton Street. At 10 Thread, individuals or small businesses can rent office space, enjoy free coffee, complimentary 1 gigabit-per-second Internet speeds and free access to conference rooms. The building will also be open 24 hours per day to 10 Thread’s customers.

Customers of 10 Thread will essentially rent office space by the week or month. Monthly rates start at $99 per month for an open desk space. Weekly rates for an open desk space start at $35. Subscribers to the lowest rate plan are given desks on a first-come, first-served basis.

10 Thread Manager Taylor Hutchins said the company can fit 25 to 30 people in its open desk spaces. He stressed the value of 10 Thread’s cheapest package. A small business might pay several hundred or more than $1,000 just to rent an office in Salisbury. He said renting an office would be “wasting money” until a business grows to fill the space.

With as many as 30 people working in the same space at once, City of Salisbury Broadband and Infrastructure Services Director Kent Winrich said young business owners could learn from each other.

“It could be pieces of the core business, like how do I run the business, how do I create an LLC, how do I take care of my taxes,” Winrich said.

Collaboration could also result in a video production company that rents space at 10 Thread producing video for others renting co-working space, Winrich said.

“Instead of being in all sorts of different locations, here they are working together on one project,” he said.

Winrich’s role in 10 Thread will be providing Internet access through Fibrant. At $99 per month, 10 Thread customers would be paying less for 1 gigabit Internet access than if he or she individually subscribed to Fibrant.

No other company can provide the kinds of speeds available through Fibrant, Winrich said. Some Internet providers may be able to provide 1 gigabit-per-second speeds. No companies that provide service locally can provide 10 gigabit-per-second speeds, he said.

10 Thread’s customers can also pay $199 for a dedicated desk — only assigned to one person — $349 for a private office that’s 36 square feet or $599 per month for a larger office that measures 196 square feet.

10 Thread’s main office space sits on Fulton Street between Mean Mug Coffee Company and Better Loafing Artisan Bread Company.

Hutchins said 10 Thread will also offer business classes at various times.

For more information about 10 Thread, visit 10thread.com.

Contact reporter Josh Bergeron at 704-797-4246

 

Comments

Local

Catawba holds baccalaureate services for Class of 2021

News

$9M settlement for two men wrongfully sent to death row

Nation/World

China lands spacecraft on Mars in latest advance for its space program

Business

Gas crunch hits Washington; Colonial Pipeline paid nearly $5 million in Bitcoin ransom

Coronavirus

State mostly returns to normal operations after 15 months of lockdowns, restrictions

Crime

Blotter: Man accused of stealing car, crashing it

Crime

Man faces new charge of attempted murder for father’s shooting

BREAKING NEWS

Gov. Cooper lifts indoor mask mandate for most situations, gathering limits

Crime

Barnes gets new punishment of two life sentences in Tutterow couple’s 1992 murder

High School

High school football: State’s top honor goes to Jalon Walker

Local

Scout’s Honor: With dedication of flag retirement box, Salem Fleming earns Eagle Scout rank

College

North Carolina king, queen of NCAA lacrosse tourneys

Education

Kannapolis seniors walk elementary schools

Local

Local real estate company employees come out in force to build Habitat house

Local

Quotes of the week

Coronavirus

Auditors find oversight lacking for $3 billion of state’s pandemic aid

Nation/World

When will gas situation return to normal?

Local

Rowan native Shuping posthumously receives Concord Police Department’s Medal of Valor, Purple Heart

News

GOP measure on penalties for rioting draws fire

News

Black high school softball player told to cut hair

Coronavirus

State shows 303 COVID-19 deaths in Rowan

Coronavirus

CDC: Fully vaccinated people can largely ditch masks indoors

Crime

One arrested, another hospitalized in Castor Road stabbing

China Grove

China Grove Roller Mill open for tours Saturday