As the build-out of Boston’s Seaport continues, many companies are clamoring for an opportunity to move in, not out.
Technology giant Amazon recently announced a Seaport expansion, bringing 2,000 jobs to the district. Just last year, General Electric also announced a move expected to bring 800 jobs to the Seaport.
As these companies and more look to move in, CoachUp saw an attractive opportunity to buck the trend. They moved out of the Seaport after three years and landed in Newton.
“We didn’t have a need to be downtown from a client and employee perspective and we were interested in lowering costs,” CEO John Kelley said during the company’s Newton ribbon cutting ceremony on May 15. “We saw this space and loved it.”
CoachUp officially cut the ribbon Tuesday on its 397 Elliot St. location in Newton, located in N-Squared Innovation District. The district is a 500-acre area along I-95 and the Charles River in Needham and Newton aimed at attracting technology companies and start-ups to the area.
CoachUp is a service that connects athletes with private sports coaches for one-on-one and small group training. Kelley said an active client and coach presence in the metro-west area made the Newton location appealing.
The 2,000 square foot office space will house 10 CoachUp employees, with room to grow in the future.
Kelley said this location will provide easier commuting access for his employees, even allowing some in close proximity to bike into work.
“It even has a shower,” he said, pointing back at the office.
Newton Mayor Ruthanne Fuller welcomed the company to Newton, highlighting the city’s resources for attracting top companies.
“I’m pleased that CoachUp finds Newton attractive in so many ways – from the moderate cost of office space, our convenient location to families and customers, and the positive commuting experience for their employees compared to their previous location in the Seaport,” she said.
Kelley said he doesn’t anticipate the move out of Boston will impact the company’s ability to attract top talent.
“It has not been an issue here. There is a lot from around the community we can draw from, so I’m not worried about the challenge of finding talent,” he said. “We want to continue to grow as a company and use this as a home base.”