The Commons is offering a new workplace for professionals in Excelsior

January 15, 2020

Sisters Peggy Stefan and Tammy Magney have a goal to help entrepreneurs grow their businesses.

The sisters co-own The Commons, a coworking space in Excelsior that has a second location in Hopkins. Folks from all types of industries and businesses — entrepreneurs, contractors, remote-workers — rent space at 540 Lake St. from the sisters who work to make the space a nice office environment.

“We’re here to help you grow your business,” Stefan told Lakeshore Weekly News. “We have a lot of people who’ve been through our system. Maybe they started out by themselves and built themselves up to a size where they are now in an office.”

Stefan said several companies have started out at The Commons and moved on to their own spaces.

The Commons is one of many coworking spaces in the Twin Cities as remote working grows in the United States. According to the 2017 United States Census, 8 million people worked from home in 2017, this was 5.2% of workers, which grew from 5% in 2016.

According to Stefan, a lot of people like the opportunity of working remotely or working from home, but when given the opportunity feel lonely or distracted. This has led to the rise of coworking spaces.

The Commons opened in October 2012 when Stefan and Magney were looking for space to rent for their own businesses. Magney is an architect and at the time Stefan was an executive coach. The two both lived in Excelsior and didn’t find any coworking spaces outside of Minneapolis and St. Paul, and neither wanted to drive downtown every day.

Read more here

Property Portal Watch Bangkok Conference 2020, Feb 26-27

January 15, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Vend Launch
Schibsted Marketplaces Rebrands as Vend

Schibsted Marketplaces, the owner-operator of several classifieds marketplaces in the Nordics, has rebranded as Vend. Under the new domain Vend.com,...

Read More
Untitled Design 10 1
Homes.com Vows to Offer Free Promotion for Listings Banned on Zillow

Homes.com is set to start 'boosting' residential real estate listings that won't be shown by rival portal Zillow. The CoStar-owned...

Read More
Realtorcom Op 1 2
Realtor.com Revenue Grows 2% as News Corp Reiterates Traffic Lead Claims

The latest quarterly filing from media giant News Corp reveals that its U.S. real estate portal Realtor.com grew revenues by...

Read More
Rightmove Leeds 3
Rightmove Trading Update Reiterates Revenue Growth and Profit Margin Guidance

The UK market-leading real estate portal Rightmove reiterated its guidance for 2025 in a trading update released to the London...

Read More

Editor's Pick