Episode 41 - Launch Space: How Creative Hubs Can Boost Neighborhood Value

In Episode 41 of Real Estate Tips with S & L, Sherri & Lana sit down with Brianna, co-founder of Launch Space, a creative makerspace in Orange (with plans in Athol). While the episode focuses on creativity—sewing, woodworking, 3D printing, and more—there’s an important connection to real estate: creative, community-driven spaces can activate neighborhoods, attract people, and create long-term property value.

Key Takeaways from Launch Space

1. Makerspace as a Neighborhood Anchor
Launch Space offers memberships, classes, and programs for all ages. By drawing in creatives and hobbyists, it becomes more than just a studio—it’s a hub that adds foot traffic and energy to the area.

Investor Tip: Spaces that attract people can increase the appeal of surrounding properties. Keep an eye on creative hubs when scouting neighborhoods.

2. Adaptive Reuse Creates Opportunity
Launch Space occupies a former industrial building. Converting underused spaces into creative hubs demonstrates the value of adaptive reuse.

Investor Tip: Look for under-utilized buildings that could be transformed into community or creative spaces—it’s a way to increase property value while supporting the neighborhood.

3. Community Engagement Adds Value
Through programs like “Creative Sector Pathway: LAUNCH,” participants gain real-world skills and run micro-businesses. Launch Space strengthens the local community and workforce.

Investor Tip: A property that supports community and local businesses often enjoys higher tenant retention and appeal.

4. Membership Model Supports Stability
With access for $60/month, Launch Space sustains its operations while offering consistent engagement.

Investor Tip: Long-term, stable tenants or community anchors can make an area more attractive for investment, creating a reliable flow of activity around your properties.

5. Creative Hubs Activate Property
Launch Space isn’t just a business—it activates a building and the surrounding area, fostering energy and opportunity.

Investor Tip: Non-traditional amenities—makerspaces, creative studios, incubators—can enhance property value and community perception.

Why Investors Should Care

Creative spaces like Launch Space show that value isn’t always in the walls themselves. Sometimes, it’s about what’s happening inside and around them. For investors, the takeaways are:

• Look for community anchors that attract people and activity.

• Consider adaptive reuse projects as a value-add opportunity.

• Seek tenants or programs that strengthen the neighborhood fabric.

• Think long-term: activated spaces often increase surrounding property values.

Action Steps:

1. Scan neighborhoods for creative hubs or maker spaces.

2. Identify properties suitable for adaptive reuse.

3. Explore partnerships with local community programs.

4. Consider integrating creative tenants or amenities in your properties.

5. Keep a long-term mindset—neighborhood transformation takes time, but the payoff can be significant.

Final Thought:

Launch Space isn’t just about woodworking or 3D printing—it’s about seeing community spaces as catalysts for real estate opportunity. For smart investors, creative hubs like Launch Space are more than a hobby—they’re a strategy.

🎧 Listen to Episode 41 now!

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