Milwaukee County Executive and businessman Chris Abele is considering creating a second co-working space, likely to be in Milwaukee.
The space would be similar to Ward 4, the 26,000-square-foot accelerator hub he and his partners opened inside the Pritzlaff Building’s second floor in 2015.
As he did with Ward 4, Abele would acquire the space through his commercial real estate company, CSA Commercial, he said. Where this co-working space will be located, or when it will open, has to be determined, Abele said.
Unlike Ward 4, this office space would cater to mature companies that are ready to receive larger rounds of investments, past the seed capital phase, he said. Milwaukee needs more high-growth startups to attract investors, and this new accelerator space will help support those companies in a collaborative environment, Abele said. The office could also include research and development personnel from Milwaukee-area companies. Read the full story here.