A 13,000-square-foot office collaborative has officially opened on Market Street.

The 717mkt Office Collaborative hosted a ribbon-cutting event Thursday to mark the milestone. The husband-and-wife team of Chris and Natalie Capone owns 717mkt Office Collaborative and spent over a year renovating and investing in the space.

The office collaborative includes 19 private offices, six team studios, four conference rooms, a kitchen, gym, sauna and cold plunge, a podcast studio and a rooftop terrace. Chris Capone, who is the CEO of local accounting and bookkeeping firm Capone & Associates, said tenants began moving into the building at 717 Market St. in late April.

At that point, renovations were largely complete, although there were still a few punch list items to wrap up, Chris Capone said. The building was built in the 1960s and served for years as the local unemployment commission site, he said Thursday. 

“We've completely renovated the space. The only original parts of the building are the foundation, the floors, the brick walls and cinder blocks, and then the interior roof and the roof joists,” Chris Capone said. “We tried to keep the old structure, but everything else is brand new.”

That includes new electrical and plumbing systems, HVAC upgrades and a new roof. The couple invested around $2.7 million in upfitting the building, Chris Capone said, and Natalie Capone, who has a background in interior design, played a key role in guiding the interior upfits. (A photo of a common space inside the office collaborative is shown below.)

Currently, Capone & Associates occupies approximately 60% of the building, and 10 other businesses and one nonprofit have signed office leases, Chris Capone said. 

Tenants include Patriot Roofing, Predicate AI Labs, The Forward Fund, Shltr Architects, S30 Build LLC, Calm Capital, Archer Insurance Group Inc., Fresh Alternatives LLC and Coastal Carolina Network LLC. Three offices remain available for lease, Chris Capone said.

After months of working on the project, holding the ribbon cutting felt a bit surreal, Chris Capone said Friday.

“Now, it’s the beginning of really getting to enjoy (the building)," he said, "and being able to use it for all that we designed it and wanted it to be.”