Shared space draws entrepreneurial council, startups to American Tobacco complex
July 26, 2010
DURHAM, N.C. — Two entrepreneurial businesses and the start-up organization long dedicated to helping entrepreneurs find paths to success will soon have a new home in Durham.
Other business are expected to join them, too.
The Council for Entrepreneurial Development is moving to new space at the American Tobacco Historic District in downtown Durham. Located across the street from the Durham Bulls Athletic Park, the “American Underground” is set to open this October.
Joining the CED as initial tenants areLaunchBox Digital, which works with entrepreneurs launching new businesses, and Joystick Labs, which is focused on gaming companies.
The joint moves and the launching of the project geared to provide space for start-up companies was formally announced Tuesday morning at the American Tobacco Campus.
American Underground is being converted from about 26,000 square feet of basement space in the campus' Strickland and Crowe buildings that is currently used for storage. The facility will include a 60-person classroom and a break room and arcade in addition to offices and conference rooms.
The move is the latest expansion at the sprawling former tobacco complex that is owned and operated by Capitol Broadcasting Company, which owns WRAL, the Durham Bulls and the nearby Diamond View office buildings.
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