The city of Mason has signed on a new tenant and renewed the lease of another at the city’s Municipal Center.
Tech start-ups Storeflix and mDynamik committed to leasing a combined 2,000-square-foot of space in a move expected to generate $15,000 annually in revenue for the city and the creation of 20 new jobs in the next two years.
“Part of our economic development success has been identifying and supporting small entrepreneurial start-ups with excellent potential,” said Mason Mayor David Nichols. “We are excited to continue the momentum and collaboration with mDynamik and StoreFlix as they continue growing and bringing high tech jobs to Mason.”
The city signed a new lease agreement with mDynamik, a mobile and social technology start-up servicing healthcare providers and organizations. The company expects to launch its core consumer product offering this summer.
Storeflix, which has a patent pending on social media technology for businesses, opened in the old fire department administrative offices at the Mason Municipal Center in late 2010. The company extended its lease agreement with the city by another 12 months.
City officials say leasing space to businesses in the Mason Municipal Center is a creative way to use existing assets to leverage investment and job creation of high-growth technology companies in the city.
“We believe successfully locating companies like StoreFlix and mDynamik here has a multiplier effect on the city’s ability to accomplish other economic strategies, including attracting a critical mass of more entrepreneur start-ups and greater workforce availability in science and technology fields,” said Michele Blair, Mason’s economic development director.
Since the city signed its first lease agreement with Storeflix, other businesses have taken note of relocating to city-owned properties.
In October, AssureRX announced plans to relocate the growing biotech firm’s headquarters and dry lab to the Mason Community Center. The 10,000 square-foot facility can accommodate more than 100 employees.
Another bio-health startup, eMerge, also signed a lease for 900 square-feet of space at the Mason Municipal Center. The company, which specializes in gastroenterology solutions, employs four full-time employees.
The new lease agreements bring business space at Mason’s Municipal Center to full capacity.
“We truly appreciate the City of Mason and their continued support during our start up stage of development. We look forward to creating many new jobs and opportunities for the city and to calling Mason home for many years to come,” said Storeflix CEO and founder, Phil Storage.
“MDynamik is very excited to be working with the City of Mason,” echoed Jeremy Shubert, the company’s co-founder. “It’s a perfect partnership where Mason wants to help us grow and succeed and, in turn, we want to help Mason continue to be the thriving community it is today.”
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