$3.5M HEDC project bringing coworking, kitchens, culture to Westside (Photos)

November 2, 2017  |  Tommy Felts

Michael Carmona, Hispanic Economic Development Corporation HEDC

A new Center for Urban Enterprise project is expected to help limit risk for Kansas City’s low- to moderate-income entrepreneurs, Michael Carmona said. (Lea este artículo en español. Haga clic aquí.)

“We’re looking at ways they can start and grow sustainable businesses with the little income they have as far as startup capital,” said Carmona, director of community and business development for the Hispanic Economic Development Corporation.

2720 Jarboe St., future Center For Urban Enterprise HEDC

2720 Jarboe St., future Center For Urban Enterprise

Set for a public groundbreaking 9 a.m. Monday at 2720 Jarboe St., the $3.5 million project has received a $1.6 million grant from the U.S. Department of Commerce to assist with construction of the new entrepreneur center in Kansas City’s Westside neighborhood, near the Roasterie and Boulevard Brewing Company, Carmona said.

Work should be complete by fall 2018 — in time for the HEDC 25th anniversary celebration in November, he said. The organization is currently in a capital campaign to fill the funding gap for the project.

Within the local Hispanic community, startups often include service industry-related businesses like construction and cleaning, he said, but increasingly the HEDC is seeing need from within such professions as graphic design, marketing and programming.

The Center for Urban Enterprise campus will include an existing 11,000-square-foot building, a former tire storage warehouse. It is expected to be renovated to include a grandstand for small-scale lectures, office space and a multi-purpose theater for lecture series focusing on culture and film. The lower floor of the building will be anchored by five commercial kitchens — one of them Kosher at the request of members of the Jewish community — to provide pay-by-the hour, health department-approved commissary space for such businesses as food trucks and caterers.

In addition, a new 7,000-square-foot building is set to be constructed in a lot directly to the west, offering coworking space and a new home for the HEDC’s administration. There, entrepreneurs will be able to work face-to-face with staff to learn the tools they need for a sustainable business, Carmona said.

“The model is not only focused on entrepreneurship, but we also provide computer literacy training and financial education, so it’s bringing a holistic approach to our entrepreneurs,” he said. “Because we know that you can’t just be focused on a successful business without understanding new technologies and financial practices.”

Check out renderings of the new Center for Urban Enterprise below.

The HEDC has served more than 3,300 people and helped start and sustain more than 500 businesses since the organization started tracking its data and activity in 2006, Carmona said.

“A lot of the emphasis on making Kansas City an entrepreneurial city has been focused on the tech businesses because we know that they’re high growth, but also high risk,” he said. “We’ve argued that we’ve got a lot of the clients who we serve that might do mainstream, service businesses — they might not be the highest growth, but with the lower risk, they’re some of the more sustainable businesses here. One, two, five jobs here and there keeps the economy sustainable, especially when you multiply that by 500 businesses.”

The new Center for Urban Enterprise is expected to serve entrepreneurs from the Westside neighborhood to the downtown area. Another HEDC center at 3241 Independence Ave. houses its lending program, digital literacy and financial education classes, and plays host to a number of small business workshops, Carmona said.

“It’s a model that we’ve talked about where we’re investing into different pockets of Kansas City,” he said. “We’re providing that entrepreneurial space for those in our underserved communities.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2017 Startups to Watch

    stats here

    Related Posts on Startland News

    ScaleUP! KC class, 2018

    ScaleUP! KC expands impact with 18 entrepreneurs in latest class

    By Tommy Felts | January 31, 2018

    In announcing its latest class, the ScaleUP! KC incubator embraced its track record of helping Kansas City entrepreneurs develop the business skills needed to take the next steps on their journeys. Now on its seventh cohort, the program has graduated 92 business owners, including startups like The Sundry, Ruby Jean’s Juicery, Cambrian Tech, H3 Enterprises…

    Dan Stifter and Raina Knox, Stratex Solutions

    CEO Raina Knox: Millennials don’t have a monopoly on startup momentum

    By Tommy Felts | January 31, 2018

    Experience matters — even in an ecosystem built upon disrupting the status quo, said Raina Knox, CEO and co-founder of Stratex Solutions. “It’s uncomfortable for some in the startup community to embrace the concept of people with portfolio careers still having a meaningful impact,” she said, noting her lengthy career as a “fixer” in the…

    Spark KC

    Cordish’s Spark KC bringing ‘co-living’ concept to Two Light apartments by late 2018

    By Tommy Felts | January 30, 2018

    A new co-living concept planned for the Two Light luxury apartment tower will be a game-changer for an evolving generation of entrepreneurs, said Spark KC’s Shervonne Cherry. “With the ability to literally be four stories, five stories, 20-some stories away from your workplace, you don’t have to worry about that commute, allowing you more time…

    Dan Katz Virgin Hyperloop One

    Hyperloop One exec: KC route would create ‘mega-region’ along I-70

    By Tommy Felts | January 30, 2018

    When you’re hoping to move people and freight at near subsonic speeds, it pays to be straightforward. At least that’s the case for Virgin Hyperloop One, which announced Tuesday it has embarked on the feasibility study of a high-speed route that would connect Kansas City and St. Louis in about 30 minutes. “It’s a very…