Ad Agency Holds Whimsical Contest for $1-Per-Month Sublease Space

The coverage regarding the city’s housing market has been extensive, and for anything else, the Downtown Project has been the go-to topic. However, Las Vegas has been looking for good news for years, and now the positives might begin to outweigh the negatives with an office competition that would help out a lucky start-up in Sin City. Specifically, recently reported that an advertising agency is looking to sublet 1,000 square feet of office space, for $1/month. The company has staged a competition to determine which new venture will secure the space. The campaign was launched in honor of the Las Vegas Startup Weekend, as well as the inaugural year of SXSW V2V.

By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor

Las Vegas’ recovering housing market has received extensive coverage, and efforts to revitalize downtown have earned plenty of attention. Now, a local advertising agency is taking unconventional steps to draw attention to the downtown office market, reward local entrepreneurship and backfill some of its own space, all at the same time.

This month, The Glenn Group L.L.C. is holding a contest to find a company to sublet 1,000 square feet of space for a year at Holsum Lofts, the converted former bakery at 231 and 241 West Charleston Blvd., where it occupies 12,890 square feet.  The unusual price: $1 per month.

Even more unorthodox is how the Glenn Group will find its new neighbor. Interested parties have until the end of August to submit 15-second Instagram videos making the case for their selection. Entries will be judged by a panel representing downtown technology companies and other local stakeholders.

“Instead of using the extra office space we have for a one-legged hopscotch-basketball court, or renting it out for big dollars, we decided to do what we can to help downtown Las Vegas, and the Nevada tech industry, grow some big ideas,” said B.C. LeDoux, the agency’s president and executive creative director, said in a statement. “We feel that it’s our duty as a Nevada business that’s dedicated to the growth of enterprise and imagination throughout our state.”

The Glenn Group already shares the space with Abe Froman Productions and Greg Anderson Photography.  The firm launched the contest to coincide with Las Vegas Startup Weekend, as well as the inaugural year of SXSW V2V. An open house was scheduled for Friday afternoon.