MakerspaceCT

4.9★★★★★(21 reviews)

36 Talcott St, Hartford, CT 06103

Hartford, Connecticut, United States

Edit
Hours
12:00 PM – 9:00 PM
MondayClosed
Tuesday - Thursday12:00 PM – 9:00 PM
Friday12:00 PM – 10:00 PM
Saturday10:00 AM – 10:00 PM
Sunday10:00 AM – 6:00 PM
Address
City: Hartford
Neighborhood: Downtown
State: Connecticut
Postal Code: 06103
Country: United States

Business facts

Estimated annual revenue~$309.8K
Estimated employees~2
In business since2018
Estimate based on strong signals

Contacts

additive manufacturing manager

Area statistics (06103)

Population2,419
Median household income$76,395
Source: US Census ACS

About

MakerspaceCT is a new collaborative workspace in downtown Hartford, Connecticut, offering a 25,000 sf commercial space for education, exploration, and innovation. The space provides valuable resources for individuals and businesses, including a wide range of equipment for fabrication processes. MakerspaceCT also serves as a focal point for collaboration and community engagement, with a mission to empower individuals through education and hands-on experience. The space has already attracted commitments from several corporations and higher education institutions, making it a hub for innovation and creativity in the Hartford area.

ℹ️
Diversity Management
Woman Led
🏳️‍🌈
LGBTQ Friendly
Yes
💰
Price
$
Wheelchair Accessible
Parking, Restroom, Seating, Yes
Categories: Makerspace, Wood working class, 3D printing service, Education Center, Metal Workshop, Computer Training School, Metal Working Shop, Machine Shop.
ISIC Codes: 2592, 2599, 3290, 8522, 8549.

Market analysis

Earning below its category median in a growing category (Makerspace).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$319.6K2019
~$288.9K2020
~$313.5K2021
~$300.5K2022
~$293.1K2023
~$309.8K2024
Modeled from official industry statistics-0.6%/yr since 201980% confidence band: ±51%

Property

Lot size0.65 acres
ZoningDT-2
CountyCapitol_planning_region
Parcel ownerSTATE OF CONN
Assessed value$77.6M
Last sale$1.7M (7/7/2000)
On this lotshared with 9 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Makerspace in Connecticut11~$7.7M~$704.2K~$453.9K5.0★0.7×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure18 chains expanding in this category, led by The Next Street, The Next Street, Epic Driving School (+235 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)387~$1.1B~$2.9M~$1.1M3,245~$398.2M0.3×
Education12~$90.7M~$7.6M203
Manufacturing4~$168.7M~$42.2M44

1 km area (all businesses): median from the 297 of 387 businesses with estimates

Estimate

Area conditions (06103)

Population2,419 ±341
Median household income$76,395 ±$10,730
Median home value$293,800
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS
Edit Business