How the Fox Run apartments are turning into a hub for tech startups and techies
A group of tech startups, a local tech company, and an investment group are turning the FoxRun apartment complex into a tech hub.
FoxRun, an industrial estate located in downtown Tulsa, is being converted into a startup incubator.
In October, FoxRun is partnering with T. Rowe Price and The New Venture Institute (TNVI), a venture capital firm, to build a $25 million, two-story tech hub and coworking space.
“We are a hub of tech, but also a hub where the local startup community can come together and collaborate,” says James Czernik, TNVI’s co-founder and CEO.
“This will be a space where startups will have access to capital, and we will also be hosting some of the top local talent.”
In an effort to help new startups grow and diversify their operations, FoxRunner apartments will offer coworking spaces, a large library, and a conference room, as well as a rooftop bar.
“Our goal is to bring together tech and local talent and help them grow,” Czarnik says.
The tech startups will be able to access the coworking room and conference room at FoxRunner, but there will also also be a larger space for other startups, like restaurants, barbershops, and other events.
TNVi is also working with FoxRun on a larger coworking program that will be designed to allow other startups to bring their tech to Tulsa.
Rowe, the company behind the FoxRunner project, says it is looking to build the tech hub for several years.
“The FoxRun apartments have been the catalyst for the incubation of the FoxRocks, a coworking and technology incubator that will help launch Tulsa’s tech scene and attract top talent from across the globe,” T. Rowe said in a statement.
“By building the tech center and coworker space, T.
Rows goal is that we can foster a local, entrepreneurial culture that can spur growth for Tulsa’s startups and local tech talent.”
The startup incubators aim to be a place where local tech and tech talent can collaborate, share ideas, and share projects.
“A tech hub in Tulsa will help to create a network of people who can build and support the next generation of technology companies in Tulsa,” Czenik says of the coworker hub.
The hub will also offer opportunities for local startups to network and develop.
FoxRunner is one of several projects that will create a community-based incubator space, similar to what Google did with Google+ and Twitter, for local tech startups.
“I think we are very fortunate to be in a place with this space and this kind of technology,” says Czenika.
“It is really important to create opportunities for Tulsa startups to have access, because if we don’t have access they don’t get access to these people.”