Posted September 1, 2015
TechShop has signed a Letter Of Intent (LOI) with the owners of The Reef / LA Mart building to lease 18,500 square feet of prime space so that we can build the first TechShop location in Los Angeles.
All of the design and architecture plans for the space have been completed and are ready to go.
We want to sign a 10-year lease before September 30, 2015 in order to secure our space in this building and get started on construction.
Some funding has been committed to us by the owners of The Reef building and from the City of Los Angeles, but before we can sign the lease and start construction, we need to make sure that there is enough interest and support from the people in the Los Angeles communities to make TechShop Los Angeles successful. That's where we need your help.
All of our eight existing TechShop locations were funded directly by individuals just like you in the local community. We need you and everyone else who wants TechShop to come to Los Angeles to pitch in and help.
You can help by pledging your support in several ways:
Please fill out the form below and indicate how you would like to pledge to help open TechShop Los Angeles. Please include your name, address, phone number, and email address. Then, we will contact you and help to arrange your payment for your pledge.
Pledge to Become a TechShop Los Angeles Lender with $25,000 or more (you'll earn 8% annual interest, and you'll get a TechShop VIP Lifetime Membership for you and your entire immediate family).
Pledge to Become a TechShop Investor by purchasing $25,000 or more of TechShop preferred stock, and you'll get a TechShop VIP Lifetime Membership for you and your entire immediate family).
Pledge to Purchase a TechShop Lifetime Membership for $10,000, a TechShop Lifetime Partner Membership for you and your spouse or domestic partner for $12,500, or a TechShop Lifetime Family Membership for your immediate family (spouse or partner, and kids under 21) for $13,000. You'll enjoy access to all current and future TechShop locations in the US including TechShop Los Angeles.
Pledge to Become a Monthly TechShop Member at the discounted 2-year lock-in price of $125 per month (with automatic credit card charge each month, but charges don't start until TechShop Los Angeles opens, and there is a 3-month minimum -- that's a savings of $25 per month).
Pledge to Make a Donation to help build TechShop Los Angeles ($25 to $1,000 or more, every dollar helps).
Everyone who pledges their support in some way will have their name included in the Founding Members display at TechShop Los Angeles, as long as we reach our goals for pledges.
Everyone who pledges to become a TechShop member (either by becoming a lender or buying a lifetime or monthly membership) and follows through with their pledge will also be granted early VIP pre-opening access to the various areas of the TechShop Los Angeles workshop as they are made available. You'll be able to work on your projects before the general public has access.
Please tell EVERYONE you know about TechShop and let them know that we are calling for support to open TechShop Los Angeles, and enlist their help. Send them the link to this page (http://www.techshop.com/ts_los_angeles.html), and encourage them to sign up on this page and help however they can.
Without the active help of you and everyone else who wants TechShop to come to Los Angeles, we just can't make it happen. So please don't wait...we need your help today. The opening of TechShop Los Angeles depends on you.
Thank you from the entire TechShop team.