Durham coworking space lowers real estate barriers for startups priced out of downtown

For Durham entrepreneurs priced out of downtown real estate, ReCity Network is opening its doors a little wider.

On Oct. 29, the nonprofit incubator unveiled the Renaissance Lounge, a 700-square-foot space at 112 Broadway St. designed to give local startups and community organizers an accessible place to meet, plan and build their business.

In 10 years, ReCity has grown from a single shared room into a 25,000-square-foot collaborative hub hosting nearly 90 organizations, 75% of which are led by women and people of color. The new open-access lounge aims to lower the barriers of entry for Durham’s emerging innovators who need professional space to meet clients or secure funding…

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