Real Estate Investor Magazine South Africa August 2015

can share ideas and possibly even collaborate on projects.” Steven Harris of 75 Harrington Street stresses that networking and collaboration between co-workers is of prime importance to the success of a co-working space. “It is about building a community of practice,” Harris says. “Lots of landlords can set up a co-working space, but not everyone can build a community. This is what differentiates a co-working success story from other shared spaces. “In other words, it is up to the owner of a coworking space, to network among those who rent space, and encourage them to engage with the rest of the community and offer their services.” La Macchina Workspace at 84 Shortmarket Street is located above The House of Machines, the latter itself already a collaborative space that opened in August 2013 housing a café and bar, a motorbike shop and a men’s fashion outlet. “The shared 10-desk workspace houses graphic designers, spatial design agents, culinary experts and interior designers and was sort of a natural progression. It was originally our meeting room and workspace, and then friends started moving in. As we acquired the top floor and moved our own office upstairs, the middle floor naturally filled up with like minded individuals,” says Jolize Pienaar. Meanwhile, Alan Alston of No80 Hout Street set up a co-working loft space which can accommodate 24 people in June 2014 after finding premises he and his partner really wanted for their own business: “There was no way we could cover the rent on our own, so we made a plan.” www.reimag.co.za The Inner City Ideas Cartel (ICIIC), owned by Schuyler Vorster, is located at 71 Waterkant Street, with a diverse range of co-workers - from small law firms and PR practitioners, to IT specialists, recruitment agencies and those involved in advertising. The concept has been so successful that another one offering 1 000 m2 is opening in Loop Street in August 2015. The key to success is that, “You need to have a service orientated attitude. It is your responsibility to help people work better,” Vorster says. A FEW TOP COWORKING SPACES: JOHANNESBURG: • OPEN • JoziHub • The Office Hub • The Common Room • The Business Exchange • Cube Workspace • Nomads and Co. • The HUB • Impact Hub DURBAN: • The Sett CAPE TOWN: • Inner City Ideas Cartel (ICIIC) • The Cape Town Garage • La Macchina Workspace • Cube Workspace • Used Rainbows • The Bandwidth Barn • Cape Town Office • Company (Co.) • No80 Hout Street • 9Needs Studio • The Bureaux • Twenty Fifty • OPEN • Daddy.O • Zulustar RESOURCES Cape Town Central City Improvement District (CCID) AUGUST 2015 SA Real Estate Investor 47

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