New opportunities for commercial workspaces in Georgetown

by Denise Slattery, Communications Manager, Watershed Community Development

Watershed Community Development, in partnership with Equinox Studios property management, has officially kicked off the tenant selection process for the ground-floor commercial workspaces in the Elements Building—the first new construction in The Bend. Located at 5415 5th Ave S., 4th and Lucille Streets, Elements is part of The Bend, an expansive eight-block live/work district in Georgetown that promises to become a vibrant, creative, and community-driven neighborhood over the coming years.

This is an open call for creative, community-serving businesses, programs, and bold new ideas.

At the heart of The Bend is Equinox Studios—its people, its purpose, and its proof that art builds community. The Bend Live/Work District is a natural extension of that vision, and Watershed Community Development is proud to support what Equinox has made possible.

The Bend development team is using a Workspace Tenant Preference Plan to guide the selection process. This plan is rooted in transparency, equity, and shared community values. For Elements, the focus is on public-facing commercial tenants—organizations that contribute to daily life in The Bend. We’re especially excited to hear from groups working in the arts, culture, food, and other sectors that bring energy and public engagement to the neighborhood.

Construction on Elements is estimated to begin in late fall 2025, with move-in dates estimated for mid-2027. The building will provide 150 rent-restricted apartments, eight live/work units, and 3,700 square feet of ground-level workspace for local artisans and community businesses.

The Bend Live/Work District is holding space for a wide range of businesses and ideas. If you’re working on a project, program, or business that aligns with the vision of creating a thriving artistic neighborhood, we want to hear from you! Even if the Elements Building isn’t the right fit today, there may be other exciting opportunities in the future. Whether you’re an established organization or just getting started, we invite you to reach out.

Interested? Please use our Workspace Tenant Interest Form to get started. Submissions for Elements commercial tenancy are being accepted through June 30th, 2025, and we’re accepting interest for other commercial and residential work/live spaces across The Bend on a rolling basis.

Need more information? Visit www.watershedcommunity.org. Questions can be directed to communications@watershedcommunity.org.