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Downtown office tower eyed for residential conversion

International brand expands reach by buying downtown coworking space

International brand expands reach by buying downtown coworking space Images courtesy of Venture X – Denver Downtown) A coworking space in the Petroleum Building in Upper Downtown is under new ownership. Modworks is now Venture X, as the international coworking brand continues to expand its reach in Denver. Paul Sheperd is the owner of the new spot on 16th Street. “I’ve been looking for an opportunity coming out of the downturn, and I definitely think coworking is going to be a big thing as we come out of coronavirus and with the economic recovery,” Sheperd told BusinessDen by phone Thursday. “Talking to a lot of people, I see that a lot of companies aren’t coming back to the office, or if they do it’s a few times a week. I think a lot of people will be left working at home, and they’ll be looking for a way to be social again.”

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