NeueHouse is preparing to open Venice co-working space

The upscale shared office provider has taken over a historic building, once occupied by Snap Inc., on Market Street

TRD LOS ANGELES /
Mar.March 06, 2020 05:21 PM
NeueHouse CEO Josh Wyatt (Credit: Neuehouse)
NeueHouse CEO Josh Wyatt (Credit: Neuehouse)

Co-working firm NeueHouse will be opening its doors in Venice later this year.

The upscale shared office provider — which already operates creative workspaces in Hollywood and in Downtown Los Angeles’  iconic Bradbury Building — has taken over a historic building on Market Street belonging to Academy Award-winning actor and producer Tony Bill. 

The Venice locale, like NeueHouse’s Bradbury project, will be designed by Toronto-based DesignAgency. The building was previously leased by Snap Inc. —  before the company moved to Santa Monica.

Bill’s building, which was primarily used as a creative and production site has an interesting history. It was occupied and used not only by its owner, who won an Oscar as producer of “The Sting” but also by Oliver Stone, Caleb Deschanel, John Landis and Hal Ashby.

The street also was home to uber art dealer Larry Gagosian’s first gallery, as well as the studios of the late sculptor Robert Graham and pioneering light and space artists Larry Bell and Robert Irwin.

It also was home to one of LA’s hippest restaurants, 72 Market, where co-owner Dudley Moore frequently played the piano during Sunday brunch.

NeueHouse, which is also expanding into Miami, specializes in repurposing historic and iconic spaces into creative environments providing both private and communal space, as well as conference rooms.

“Our continued expansion in Los Angeles speaks to the creative offerings and experience in a city culturally defined by its abundance of creators,” said NeueHouse CEO Josh Wyatt in a statement.

The company is headquartered in New York City, where it opened a flagship locale in 2013.

The company has raised $78 million from investors, according to Crunchbase tabulations, including from media executive Barry Diller and his wife, fashion designer Diane Von Furstenberg, who invested $8 million. Gaw Capital Partners, a Chinese investment firm that owns 3030 Studios in Atwater Village, also made an investment.


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