This summer, Piloto 151, Puerto Rico’s first coworking space, will open a second location in the heart of Santurce with an undisclosed investment from fund RioBlanco Capital Management.
Entrepreneurs looking for flexible work options with the convenience of a one-stop-shop for business services at their fingertips, will now be able to cowork in the 7,000 square-foot location in Santurce, Piloto 151 executives said.
“In recent years we’ve witnessed Santurce’s business transformation,” said Sofia Stolberg, co-founder and CEO of Piloto 151, adding that opening in Santurce was a “no-brainer.”
“It is now much more than a hub for artists and foodies and is quickly becoming a hotbed for startups and the tech scene on the island,” she said.
“We’re opening a second location there to serve this market and to contribute to its continued rise and growth,” said Stolberg.
“In much the same way as our location in Old San Juan, Piloto Santurce will offer entrepreneurs the creative vibe and dynamism that go along with being right in the middle of an inspiring urban setting bustling with local restaurants, bars, boutiques and cultural events,” added Stolberg.
Since its launch three years ago, Piloto 151 has been instrumental in contributing to the growth of the island’s startup and tech ecosystem. To date, the company has successfully supported hundreds of local and foreign entrepreneurs from different industries with its product and service offering aimed at removing all the red tape that goes along with launching and growing a business on the island.
“We want entrepreneurs to focus on what really matters — sales and growth. We make it easy for companies and individuals to launch and grow their businesses on the island by providing a one-stop-shop of business services including incorporation and certification under Acts 20/22, fast-tracked permitting, mail management, staffing and tech services, among others,” said Juan Carlos Stolberg, also co-founder of Piloto 151.
“Entrepreneurs that become Piloto members get started on substantive work from day one,” he said. “We deal with the red tape and other time consuming matters that all businesses face in Puerto Rico.”
Piloto 151 currently offers four types of memberships: the Virtual Office which includes permitting, mail management and conference room usage; the Café membership which includes use of the space on a daily basis; dedicated work stations through the Estación membership; and the Estudio membership, where companies have their own office within the space.
All Piloto 151 memberships are month-to-month and include utilities with a high-speed fiber optic network provided by Claro, one of Piloto’s many partners. In addition, all memberships include complementary services such as mail management and conference room usage, among others.
With the opening of Piloto 151 in Santurce, the Stolberg brothers will be adding one more membership to their offer. The Santurce Suites will be more spacious and include additional services like a shared receptionist and a personal concierge. Suite members will also enjoy the benefits of a Global Pass to use the space in Old San Juan and book the conference room within walking distance of the State Department on San Francisco Street.
Piloto 151 Santurce will be located in RioBlanco Capital Management’s building at 1413 Ponce de Leon Avenue, one block away from La Placita. The real estate investment fund became interested in Piloto 151 last year as a result of their track record and product offering, company executives said.
“We are very pleased with this new partnership. Since its launch, Piloto 151 has consistently contributed to the growth of the startup and technology industry in Puerto Rico,” said Gabriel Jiménez, partner at RioBlanco Capital Management.
“Together we hope to continue transforming the entrepreneurial ecosystem on the island and to positively impact the Santurce neighborhood,” he said.