The Poynter Institute has leased office space in its St. Petersburg, Florida, headquarters to two new tenants, both of which are digital startups.
“Poynter is a mature organization that operates with the heart of a startup,” Poynter President Tim Franklin said in a statement. “The energy and entrepreneurial drive of these young companies are a great fit with Poynter at this time in our history.”
In his vision statement for Poynter released last week, Franklin said Poynter “should welcome tenants, especially ones with similar missions” to “add both revenue and another element of vitality.” Poynter is also exploring the sale of land adjacent to its building, as well as an office building it owns in Seminole, Florida.
Poynter is in St. Petersburg’s planned “Innovation District.” The city “is particularly pleased with Poynter’s plans to catapult its commitment to innovation by sharing space with local startups that are also committed to this focus,” Deputy Mayor Kanika Tomalin says in a statement.