Caliber Clears Launch Pad for Take Off

Coworking innovator in historic downtown Mesa continues area resurgence as light rail, cultural hub and new ASU campus change the way locals live, work and play

The renaissance of historic downtown Mesa takes another step forward as real estate investment firm Caliber, the City of Mesa and the new Arizona State University campus welcome coworking innovator Launch Pad to 114 W. Main Street, at the heart of all the action.

Credit: Caliber

The 20,000-square-foot space exhibits all the hallmarks of today’s character-rich, tech savvy coworking communities. Housed in the 1949 J.J. Newberry Department Store at the heart of the action in downtown Mesa, this qualified opportunity zone project offers light rail access and close proximity to the new ASU campus. The building contains plenty of period details like 18-foot ceilings on the first floor, 10-foot basement ceilings, wrought iron railings, polished concrete floors and a fully operational retro-style freight elevator. Long-time residents will remember the gleaming soda fountain and lunch counter, which will be replaced with casual meeting spaces, a coffee bar and more than 67 individual offices of varying sizes. Launch Pad expects to occupy the space by the end of 2021.

“Early on during this journey, especially with the arrival of light rail, we saw the potential in historic downtown Mesa as an unexpectedly cool place to work and play and made the investment,” says Caliber CEO Chris Loeffler. “It has been an amazing public-private partnership with the city, and with the commitment from Launch Pad, we are now seeing the realization of that early potential, creating a vibrant space for entrepreneurs and creators to collaborate and thrive.”

“The Launch Pad model is pretty special,” Loeffler continues. “The company fosters community through networking, shared best practices and transformative conversations, all of which breed success, develop durable agents of change and support job creation. We are fortunate to have them in Mesa and to be a lead investor in their growing platform.  We expect to leverage the success of this first location and grow the company throughout opportunity zone locations in the greater Southwest.”

A national leader in the coworking industry, New Orleans-based Launch Pad is known for beautiful workspaces designed to encourage community for entrepreneurs, creative professionals, and remote workers. Since its founding in 2009, the company and its members have generated more than 9,000 jobs and raised more than $230 million in new capital, focusing on sites in culturally significant buildings in emerging “quality of life” markets like Stockton, Calif.; Newark, N.J.; Nashville and Memphis, Tenn.

“Coworking has become a critical component of entrepreneurial ecosystems in mid-sized markets across the country,” says Anne Driscoll, Launch Pad co-Founder and CEO.  “In a post-COVID world, remote work will become the norm, creating a real need for community-focused coworking spaces.”

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