News Summary
P30 Co-Working Space in Indianapolis celebrates nearly three years of fostering community growth and economic development. Serving around 500 members, it offers affordable office spaces, emphasizes social impact, and has formed partnerships to enhance its outreach. The upcoming anniversary event aims to showcase local entrepreneurs and initiatives, highlighting its role in revitalizing the far east side of the city.
Indianapolis Celebrates Three Years of P30 Co-Working Space Focused on Community Growth
Indianapolis-based P30 Co-Working Space is marking nearly three years of operation dedicated to fostering economic development and community empowerment on the city’s far east side. Since opening its doors, P30 has served approximately 500 community members, providing a collaborative environment for entrepreneurs, nonprofits, and local organizations aiming to strengthen the neighborhood’s economic and social fabric.
Core Mission and Community Impact
The co-working and event space has established itself as a hub for networking and small business development, emphasizing the importance of social capital and shared resources. The space’s leadership underscores the role of such communal efforts in revitalizing neighborhoods and supporting local entrepreneurs. P30’s founders highlight their goal to demonstrate community redevelopment and stimulate economic growth in an area historically underserved.
Facilities and Membership Details
Housed in a nearly 40,000-square-foot building, P30 offers 35 offices, with sizes ranging from 75 to 1,300 square feet. Currently, four offices remain unoccupied, providing space for new tenants. Residents living on the far east side benefit from subsidized office rates—$300 per month for an 80-square-foot office, compared to $340 for non-residents—aimed at encouraging local entrepreneurship. To maintain a focus on social impact, all companies and organizations utilizing P30 are required to develop a social impact plan that benefits the community.
The membership fee is set at $49 per month, granting access to amenities such as a laundry room, fitness center, showers, meditation room, podcast studio, coffee shop, indoor community garden, and a dedicated arcade space. Notably, the arcade, named Duece’s Arcade, was created as a memorial for an 18-year-old victim of gun violence, with murals painted by The Eighteen Arts Collective, adding a cultural and emotional dimension to the space.
Partnerships and Supportive Initiatives
P30 has formed strategic partnerships to support its operations and community outreach. A key partnership is with Volumod, a modular home manufacturer, which supports the space by charging only $1 in rent for its modular units. This collaboration helps reduce operational costs and fosters innovation in affordable housing solutions.
Additionally, the co-working space includes the city’s first on-site coffee shop, providing a communal area for meetings and relaxation. Further efforts are underway to make the space more accessible to diverse communities, such as Latino and Haitian populations. This includes hiring translators and providing written materials in Spanish and French to ensure inclusivity and effective communication.
Programs and Future Goals
P30 offers flexible options for visitors, including virtual office services and temporary passes, making it accessible to a broader range of users. The organization is also preparing for its third-anniversary celebration scheduled for October 28, 2023, with plans to showcase local entrepreneurs, nonprofits, and community programs.
Looking ahead, P30 has ambitious targets for the next decade, aiming to launch 300 new businesses, create 3,000 jobs, and generate $30 million in revenue. The space intends to continue serving as a catalyst for economic growth, social impact, and neighborhood revitalization.
Upcoming Events and Community Engagement
The celebratory event in October will promote the spirit of entrepreneurship and community development. P30 also emphasizes its role in shaping perceptions of the far east side of Indianapolis, transforming it from a neighborhood with negative stereotypes into a vibrant and sustainable community hub through ongoing projects and initiatives.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- WRTV: P30 Co-Working Space and Community Growth
- Google Search: P30 Co-Working Space
- WTHR: Tech Training for Hoosiers
- Google Scholar: Community Development Indianapolis
- WRTV: Indy’s $27 Million Quality of Life Investment
- Encyclopedia Britannica: Community Impact
- IBJ: P30’s Community Impact
- Google News: P30 Community Impact
- Indy Today: Co-Working Spaces in Indy
Author: STAFF HERE INDIANAPOLIS WRITER
INDIANAPOLIS STAFF WRITER The INDIANAPOLIS STAFF WRITER represents the experienced team at HEREIndianapolis.com, your go-to source for actionable local news and information in Indianapolis, Marion County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Indianapolis 500, Indy Jazz Fest, and the Indiana State Fair. Our coverage extends to key organizations like the Indy Chamber and Visit Indy, plus leading businesses in motorsports and healthcare that power the local economy such as Indianapolis Motor Speedway and IU Health. As part of the broader HERE network, we provide comprehensive, credible insights into Indiana's dynamic landscape.
