Stacy Taubman wants to add a coworking option specifically for women to the shared office space boom.
Taubman, a St. Louis high school math teacher turned coworking founder, said she’s negotiating for around 11,000 square feet of office space near Cherry Creek for her Rise Collaborative Workspace brand.
“I liken our space to the Nordstrom of coworking,” Taubman said. “In St. Louis, we have a chandelier in our conference room … We’re going for a different level of polish.”
Taubman, who visited Denver for the first time six months ago, liked Cherry Creek the most and said the tony district was similar to Rise Collaborative’s St. Louis neighborhood.
“There is a lot of crossover between St. Louis and Denver,” Taubman said. “There are a lot of people and businesses that work in both markets.”
Before launching into the booming coworking industry, Taubman, 39, taught in the St. Louis area for 12 years. In 2013, she launched her first company, a tutoring and coaching service for high school girls. When that business took off, Taubman decided to quit teaching to focus on the business.
“Once I left, I hit a massive brick wall,” Taubman said. “I took for granted how much my classroom was my office … I didn’t understand what a lonely road it would be starting this company.”
Taubman decided to launch her own workspace for herself and other women, and opened Rise Collaborative in a 6,000-square-foot space in St. Louis. Rise has 250 female customers.
“We were profitable a month in,” she said.
Taubman said the majority of her women are established in their careers and tend to be in their late 30s to 60s.
“We have doctors, we have lawyers, we have cancer biologists … Coworking has been around for a while, but the female-focused trend is new.”
Taubman isn’t the first entrepreneur to try out female-focused coworking. Denver’s Women in Kind is a female-only coworking space that opened last year in Stapleton.
Taubman said Rise includes amenities catered toward working women, including breastfeeding rooms and dry cleaning services.
Denver’s Rise location will have 14 private offices and 10 dedicated desks for rent, in addition to shared workspace for drop-in members. Prices in St. Louis range from $120 to $350 per month, but Taubman said she hasn’t set Denver pricing yet.