Ground Floor Coworking Space

What Ground Floor Coworking Space does

Ground Floor Coworking Space is a single-location coworking facility founded in 2018 in Cranbrook, British Columbia, Canada, serving freelancers, small to medium businesses, nonprofits, government contractors, and remote workers across the East Kootenay region. The company provides flexible workspace solutions including private offices (Standard at $895/month, Large at $1,075/month), dedicated desks ($290/month), Nomads Student ($60/month) and Nomads Express ($120/month) tiers, virtual office services ($55/month), business mail handling ($35/month), daily office rentals ($35 half-day / $45 full-day), drop-in hot desks ($21/day), and six bookable meeting rooms accommodating 4-24 people at $25-$40/hour. Event space rental and an off-site YXC Makerspace link round out the offering.

The underlying technology stack is commodity-grade for coworking operations: the Optix platform handles membership management and bookings, Shopify powers the online store, and Google Analytics tracks site traffic. Physical infrastructure includes AV/TV equipment, a sound booth for podcasts and recordings, a phone booth for private calls, kitchenette with coffee and tea, high-speed WiFi, and ethernet connections. The company does not disclose proprietary technology, AI capabilities, mobile applications, SDKs, or differentiated technical assets.

The business model blends recurring subscriptions (memberships, virtual office) with usage-based revenue (meeting room rentals, daily office rentals, drop-in passes) and ancillary services (mail handling, event space). Go-to-market is direct-to-consumer and local: daily in-person tours at 11am, phone and email inquiries, online booking via Optix, and member referrals within a tight East Kootenay community. The customer base spans architects, accountants, mortgage professionals, marketers, immigration consultants, nonprofits, and government contractors, reflecting horizontal segmentation across professional services. The company acknowledges support from the Province of British Columbia and recognizes its operation on the traditional unceded homelands of the Ktunaxa Nation.

Name

Ground Floor Coworking Space

Legal name

Ground Floor Coworking Space

Website

https://groundfloorcowork.ca

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Ground Floor Coworking Space is a single-location coworking facility in Cranbrook, British Columbia, serving freelancers, SMBs, nonprofits, and remote workers in the East Kootenay region with private offices, dedicated desks, meeting rooms, and virtual office services.

Ownership category

akta.pro rank

Product category

Coworking Space Services

NAICS

Facilities Support Services (561210), Administrative and Support Services (561)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

akta.pro secondary industries

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

Keywords

• Coworking space services
• Flexible office rentals
• Meeting room rentals
• Virtual office services
• Shared workspace memberships

Headquarters

HQ city

Cranbrook

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Monthly Membership Subscriptions: Recurring monthly revenue from various membership tiers including dedicated desks, private offices (standard and large), Nomads student plans, and virtual office memberships. Members can choose month-to-month or 3-month pre-pay options.
2. Meeting Room Rentals: Hourly rental revenue from meeting rooms available to both members and the public. Rooms include Off The Ground Room ($40/hour for 24 people), Playground Lounge ($25/hour for 4 people), Ground Zero Room, Breaking Ground Room, Middle Ground Room ($30/hour for 10 people), and The Daily Grind office ($35 half day, $45 full day).
3. Virtual Office Services: Monthly fee of $35 for business mail handling using the coworking space address, with notification and storage of delivered mail.
4. Daily Office Rentals: Half-day ($35) or full-day ($45) private office rentals for non-members needing temporary professional workspace for client meetings or change of scenery.
5. Drop-in Access: Single-day drop-in passes at $21 for casual workspace access Monday-Friday 8:30am-4:30pm with hot desk access.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Ground Floor Coworking Space operates a single-location coworking facility in Cranbrook, British Columbia, selling flexible workspace solutions including tiered monthly memberships (private offices, dedicated desks, Nomads hot-desk plans), drop-in day passes, daily private office rentals, virtual office mail handling and business address services, hourly meeting room rentals across six distinct rooms, and event space rentals. The offering is delivered through a physical workspace outfitted with meeting rooms, sound booth, phone booth, kitchenette, and 24/7 access options, managed via the Optix membership platform and Shopify-powered online storefront.

Product overview

Ground Floor Coworking Space is a coworking facility offering flexible workspace solutions for small and medium businesses. The product portfolio centers on a unified coworking platform with multiple membership tiers (Private Office, Dedicated Desk, Nomads Student/Express, Virtual, and Drop-In options) that provide escalating levels of access and amenities. Supporting the core memberships are ancillary services including six distinct meeting rooms (Off The Ground Room, Playground Lounge, Ground Zero Room, Breaking Ground Room, The Daily Grind Office, and Middle Ground Room), event space rental, and business mail address services. The membership tiers are modular, allowing members to scale from virtual-only presence to full private office access with 24/7 entry, with meeting room credits varying by membership level.

Differentiator

Problem solved

Functional benefit

Products and services

• Coworking Memberships Tiered recurring monthly memberships providing flexible workspace access at Ground Floor Coworking Space in Cranbrook, BC. Tiers include fully private keyed offices (Standard at $895/month, Large at $1,075/month) for teams needing secure 24/7 access and full amenities, Dedicated Desks ($290/month) for individuals wanting a fixed spot in the shared area, and Nomads hot-desk plans (Student $60/month, Express $120/month) for mobile professionals seeking affordable 24/7 community access. All memberships include high-speed WiFi, kitchenette access, community membership, and meeting room credits scaled to tier.
• Virtual Office Service Virtual office offering providing a central business mailing address at the Cranbrook coworking space, mail handling and storage with notification upon delivery, a high-resolution building exterior image for use on the customer's company website, discount on meeting space bookings, and access to professional administrative support. Available as a $55/month Virtual Membership and as a $35/month Business Mail Address add-on, designed for home-based businesses and remote professionals needing a formal professional presence without a physical office.
• Drop-In Day Pass Single-day hot-desk drop-in pass priced at $21 for casual workspace access Monday-Friday 8:30am-4:30pm, providing a professional coworking atmosphere without long-term commitment. Designed for visitors, occasional users, or professionals wanting to experience the workspace before committing to a membership, includes access to kitchenette and basic amenities.
• Meeting Room Rentals Hourly and daily rental of six distinct meeting rooms open to both members and the public for business presentations, training courses, webinars, virtual meetings, podcast recordings, and casual client meetings. Rooms range from 4-seat lounges (Playground Lounge at $25/hour) to a 24-seat boardroom (Off The Ground Room at $40/hour) and include A
• Event Space Rental Versatile open-area event space rental surrounding the staircase to the mezzanine at the Cranbrook coworking facility, suitable for hosting networking events, fundraisers, and formal social gatherings. Bookable through the same reservation channels as meeting rooms, the space extends Ground Floor's rentable inventory beyond workstation and meeting room products into larger-scale event hosting.

Quantifiable outcome

• 20+ member businesses from various industries (architecs, accountants, mortgage experts, marketers, nonprofits, government contractors)
• +1 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Ktunaxa NationminorStrategic or Co-development PartnerGround Floor Coworking Space operates on the traditional unceded homelands of the Ktunaxa Nation. The company proudly acknowledges serving their community on these lands and recognizes the Indigenous territory.
• OptixcoreTechnology or IntegrationOptix provides the membership platform that hosts Ground Floor Coworking Space's online store and membership management system, enabling the company to sell products and services to members online.
• ShopifycoreTechnology or IntegrationShopify powers the online store for Ground Floor Coworking Space, enabling e-commerce functionality for memberships and services.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• WeWork: Global coworking and flexible office operator offering private offices, dedicated desks, meeting rooms, and virtual office services. Directly comparable business model to Ground Floor, though at vastly larger scale and broader geographic reach.
• Industrious: Premium flexible office and coworking operator offering private offices, meeting rooms, and enterprise workplace solutions. Directly comparable offering, focused on a higher-end tier of the same market Ground Floor serves.
• Workhaus: Canadian coworking and flexible office provider offering private offices, dedicated desks, virtual offices, and meeting rooms across multiple Canadian cities. Comparable product mix and target customer base to Ground Floor in a similar Canadian regional context.
• Creative Density: Independent Canadian coworking operator focused on smaller cities and regional markets. Closely comparable to Ground Floor in operating a community-focused coworking facility outside major metros, with similar membership and meeting room offerings.
• Office Evolution: US-based coworking franchise providing private offices, shared workspace, virtual offices, and meeting rooms to SMBs in suburban and secondary markets. Comparable business model and customer profile to Ground Floor.
• The Wing: Coworking and community space operator (now operating under co-working model) providing flexible workspace and meeting rooms. Comparable core offering though with a different positioning on community and member demographics.

Broad incumbents

• IWG (Regus, Spaces, HQ): World's largest flexible workspace operator with multiple brands (Regus, Spaces, Signature, HQ). Offers the same product mix — private offices, hot desks, meeting rooms, virtual offices — that Ground Floor provides, serving as the dominant incumbent in the category.

Emerging players

• All WorkSpaces / WorkHive: Smaller coworking operators in Canada offering comparable private office, dedicated desk, and virtual office services. Smaller-scale, similar-tier peer relevant for benchmarking local coworking economics.

Others

• Cranbrook YXC Makerspace: Local Cranbrook-area makerspace explicitly linked on Ground Floor's website, indicating a partnership/alliance. Adjacent ecosystem participant serving overlapping local professional and creative community members.
• Kootenay Co-op: Local Kootenay-region business/community organization with adjacent ties to the East Kootenay professional and SMB ecosystem that Ground Floor serves. Represents the local business community context in which Ground Floor operates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/GFCoworking
• Facebookfacebook.com/groundfloorcowork

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ground Floor Coworking Space