Capital One Teams up With Local Nonprofit for New Makerspace in Southeast D.C.
June 30, 2017
DCInno
A new space has opened in D.C.’s Ward 8 to host artists who specialize in everything from sewing to circuit-making — all for free for the ward’s residents.
The creative-tech hub, dubbed Makerspace, comes from partners Capital One Financial Corp. (NYSE: COF) and the Community Preservation and Development Corp. It is mirrored off of similar community gathering places for people to make their goods rather than investing in their own industrial spaces or expensive machinery.
This latest, among the first in Southeast D.C., spans 1,862 sq. ft. across three rooms on the bottom floor of the Overlook at Oxon Run apartment building at 3700 Ninth St. SE. Makerspace cost $389,000 to build out, funded mostly by Capital One and a seed investment by Mid-City Financial.