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Local News

25N Coworking to mark grand opening this week in Geneva

GENEVA – A new company, 25N Coworking, will host a grand opening Thursday to present its new business and redeveloped location at 25 N. Third St. in Geneva.

A ribbon-cutting ceremony is scheduled at 4 p.m., followed by a grand opening party from 5 to 8 p.m., which is open to the public, said Meagan Schoenrock, community manager for the business.

The coworking concept provides a professional environment for virtual employees, freelance workers and entrepreneurs to work, have meetings and network, officials said.

“We are very excited to show off our space and give the whole town a tour,” said Schoenrock. “We have signed up 60 people, and we were hoping for about 20, so we are very excited.”

Schoenrock said the goal is to have 200 members.

Ashland Ventures LLC Chairman Paul Kawalek said in a statement that the building – which started as a supermarket and then was a bank – has been “transformed into a technologically sophisticated and environmentally friendly setting for 21st century work environments.”

The building’s redevelopment involved installing energy-efficient heating, cooling and LED lighting systems, as well as adding state-of-the-art fire detection and suppression and building security, according to the company’s statement.

It also has fiber-optic, high-speed Internet transmission, wireless communication and data security, according to Kawalek’s statement.

Occupying 10,000 square feet on the first floor, 25N Coworking is the anchor tenant in the 20,000-square-foot building, Kawalek said.

“This is a very attractive location,” Kawalek said late last year when the project was first announced. “It is also an area underserved for this industry, which is growing at an incredibly rapid pace.”

When the building came available, Kawalek said it had “all the ingredients for renovation and redevelopment and positioning a strong anchor tenant into the building.”

Kawalek had said his company’s investment in the renovation would be more than $500,000.

For planning purposes, those interested in attending the ribbon-cutting ceremony and open house are asked to email hello@25ncoworking.com or call 630-409-1030.

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