Blockchain Coworking Space Opens in Leesburg

The modern trend that’s leading businesses to abandon their conventional offices and relocate to coworking spaces is alive and well in the Town of Leesburg.

The town on Friday held a ribbon-cutting ceremony for the county’s newest coworking space, The Blockchain Building at 880 Harrison Street. Mayor Kelly Burk was on hand to cut the ribbon alongside building owners Torge Dennen and Trevor Dearman. Now open for three weeks, the 30,000-square-foot office space is already home to multiple companies who are all taking full advantage of the building’s private and shared office space, high-speed internet, workout room, stretch lab, coffee and snack bar and free-to-use bikes to ride into the downtown area.

The coworking space now offers shared office space for $250 per month, 2-6 person private office spaces for $850 per month and custom-built office spaces at varied prices. According to its website, Blockchain is also home to the world’s fastest purpose-built 14 Terahash Bitcoin mining servers. Of the bitcoins mined, a portion of them are used for tenants to host social events.

Blockchain is also located in Leesburg’s HUBZone—an area where businesses receive preferential treatment for federal government contracts.

Kumar Chandran, the senior vice president of Fracsys, Inc., said his company moved to Blockchain on March 1 from a more conventional office space in Herndon. He said they were looking for something “more cool” and that because Blockchain eliminates the 8:30 a.m. to 5:30 p.m. mindset, his employees are “really productive.”

“It’s not really a workspace, but still you can work,” he said. “It feels like a home.”

Blockchain is one of a few coworking spaces to open in Leesburg in the last several years.

Leesburg Junction is the largest of them all, opened in early 2017 and now home to more than 50 small businesses and nonprofits. A year later, XCYTE opened on Fort Evans Road. The third floor of the 15. N. King St. building is another coworking space, with Oilssentials the first business to move in this month. The now-closed Evolve coworking space in the Waverly Park office center could also reopen this year.

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