The co-founder of My Healthcare LLC is looking to transform a historic building in the city’s downtown into a space to help startups. Our partners at The Herald Bulletin report Steve Martin has submitted a proposal to the Alexandria Redevelopment Commission for the nearly century-old Glove Corp. building.
Martin is seeking financing to purchase the building and redevelop the interior to include up to 40 private offices, as well as shared spaces including conference rooms and a cafe, according to the publication. Each space, which covers about 130 square feet, would cost between $350 and $495 in monthly rent.
The space is being developed by Indianapolis-based Envoy and executive vice president and principal Scott Baldwin tells The Herald Bulletin the city has what it takes for the space to be successful. He says the public-private project will cost an estimated $1.2 million and would require local or state support.
The building is currently owned by Alexandria Redevelopment Commission President Gina Brisco and her husband, Curt. The Herald Bulletin says Brisco removed herself from last week’s discussion on the proposal and will recuse herself from a potential vote.