The tech collaborative's new building will expand the community center's presence in New York.
In four years, the tech collaborative Civic Hall is slated for a big upgrade.
The group has struck up a deal with a developer and several education groups to build a new, 254,000-square-foot, $250 million center in Manhattan near Union Square, according to Fast Company. The developers expect the project, 14th @ Irving, to break ground in 2018 and finish construction in 2020.
Civic Hall will be the “anchor tenant,” according to the article. There will be classrooms and meeting spaces on lower floors, with office space for startups on at least 12 upper floors. Civic Hall Chief Executive Officer Andrew Rasiej told the publication that he wants to be a central innovation hub where people can build the digital skills necessary to the group’s work.
Civic Hall runs a collaboration space with more than 100 members, as well as the news site Civicist and a nonprofit research and development arm, Civic Hall Labs. The Omidyar Network recently invested $4 million into Civic Hall and Civic Hall Labs, a follow-on from the group’s initial $500,000 investment in Civic Hall in 2014.