Stamford Gets New Co-Working Center

Serendipity Labs Stamford

A new co-working center has opened in Stamford to tap into the market for flexible, short-term office space arrangements.

Rye, New York-based Serendipity Labs launched its 13,000-square-foot location at 700 Canal St. last week.

Serendipity previously opened locations in Rye; Chicago, Illinois; and Ridgewood, New Jersey. It selected the Stamford site because of the city’s expanding tech scene and the proximity to shops, dining and the MetroNorth, director of sales Kate Kelleher said.

It’s not just for startups, however. CEO John Arenas, a former executive with Regus, said 45 percent of Serendipity’s 4,000 members work at established companies and use the centers for business meetings and temporary workspace when traveling. Another 20 percent are early-stage companies and 35 percent are independent entrepreneurs.

A partnership of building owners ClearRock Properties, Mountain Development Corp. and Gottesman Real Estate Partners owns 700 Canal St. and has an equity investment in the Serendipity location, Arenas said. Serendipity has set a goal of 80 locations nationwide, with a mix of downtown urban sites and transit-friendly suburbs, he said. New locations are scheduled to open next year in Miami, Bethesda, Maryland and Aventura, Florida.

Serendipity co-working passes start at $49 per month while dedicated workspace is available beginning at $699. The Stamford facility includes 37 private offices and team rooms, along with two co-working lounges, meeting rooms and a 40-person “ideation studio” for larger meetings.

The building is staffed 8:30 a.m. to 5:30 p.m. weekdays and members have 24-hour access with a keycard. Serendipity offers a private shuttle to the Stamford Train Station.

The arrival of Serendipity is an opportunity for building ownership to show off the property and recruit new office tenants, Gottesman Real Estate Partners CEO Andy Gottesman said in a statement. The property has attracted some spin-off from the Stamford Innovation Center. Arccos Golf, creator of a golf training app, leased 5,000 square feet at 700 Canal St. after outgrowing its space in the innovation center.

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Stamford Gets New Co-Working Center

by Steve Adams time to read: 1 min