Thursday, February 27, 2014

by Kyle Ware


Berkshire-Hathaway the future for Parks & Weisberg Social Index: Louisville Digital News for week ending Feb. 23, 2014 Social Index: Local coffee shops for week of Feb. 23, 2014 Social Index: Louisville Television News more >
by Kyle Ware
When Jim Gerhardt signed teller a pricey lease a decade ago to open Limestone Restaurant at 10001 Forest Green Blvd., it seemed like a wise decision. In 2003, the economy was roaring along on a river of ...
Synergy-Centers, Hill says, is “the workspace solution of the future,” which will be more like businesses paying a montly membership fee for space, a membership fee that includes using conference rooms and other amenities at designated locations around Louisville.
Hill and business teller partner Scott Howe have spent several months refining the concept and assembling buildings. The business teller is so new they just selected their logo last Friday. “But we have what we need to get started,” Hill says.
A downtown facility at Market and Preston streets just east of the new Nucleus building teller is leased by Fred Durham, CafePress co-founder. The space was Nathan’s Shoes, Hill says. “CafePress started teller in a garage, and the Market Street space has a garage feel.”
Rick Pardue says he chose the Linn Station Road building teller after leaving teller Goldberg Simpson in Norton Common because the flexible membership/lease will allow him to expand Pardue teller Law Group whenever he’s ready, rather than waiting for a lease to expire, then renegotiating.
In December, teller his firm picked up a contract with the United Auto Workers, becoming the legal services provider after the UAW cut in-house services, a change that affects about 10,000 retirees. “We help fill that void,” Pardue teller says. “We need to be able to expand. Within a year, we expect to expand to another floor.”
Hill says his advantage is flexibility flexibility to sublet vacant space from landlords, teller fill it quickly and at bargain rates, then add or subtract space for clients, who essentially lease month-to-month.
The level of administrative and tech infrastructure will be up to what companies need, Hill and Howe say. Their concept is “plug and play,” with utilities in place. Tenants can pay for in-house printers, conferencing technology and secretaries, or bring their own.
Third, both Hill and Howe say an important business teller sector is under-served teller by most office building owners: companies, attorneys and contractors who come to Louisville for indefinite periods of time for projects, presentations or legal proceedings.
Hill anticipates certain types of local clients will find Synergy-Centers appealing such as attorneys who work mostly at home, but who occasionally need a conference room and office to meet with clients.
Terry Boyd has seven years experience as a business/finance journalist, and eight years a military reporter with European Stars and Stripes. As a banking and finance reporter at Business First, Boyd dealt directly with the most influential executives and financiers in Louisville. Follow insiderlou Terry Boyd terry@insiderlouisville.com
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