Downtown Coworking Space for Rent
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Renting Coworking Space in Downtown
Downtown West is the epicentre of the city's "Great Office Reset." The submarket is seeing significant "flight-to-quality," where tenants are downsizing but upgrading to amenitized Class A spaces. A landmark move for early 2026 is the proposed shift of 255 Second Ave. S. from a housing project to a major data center, reflecting a national trend of repurposing downtown office infrastructure for high-density computing (Source: Downtown Voices, Dec 2025). 2026 will be defined by "Adaptive Reuse Execution." Following the steep discount sales of major towers (like the Ameriprise Financial Center), 2026 will see the groundbreaking of several major office-to-multifamily conversions. The city’s goal is to transition the CBD from a 9-to-5 commuter hub into a dense, 24-hour residential neighborhood (Source: Newmark Q1 2025 / Downtown Voices).
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Suite Rates in Downtown
Suite Sizes in Downtown
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| 394 Corridor | 400 | $1.59 / SF | 35 |
| 494 Corridor | 600 | $1.45 / SF | 66 |
| Burnsville / Lakeville | 1,000 | $1.77 / SF | < 30 |
| Downtown | 200 | - | 52 |
| Eagan / Mendota Heights | 700 | $1.35 / SF | < 30 |
| East Metro | 500 | $1.45 / SF | < 30 |
| Midway | 1,300 | $1.43 / SF | < 30 |
| North Loop | 100 | $3.72 / SF | < 30 |
| St Paul | 500 | $1.34 / SF | < 30 |
| Uptown | 500 | $2.42 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.