By Hadas Kuznits

PHILADELPHIA (CBS) — A local entrepreneur is opening a shared workspace, called a “co-working” space, in Old City.  And it will be for women only.

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The space will be located at 222-B Race Street.  Melissa Alam, the owner, is naming it The Hive.

She says she too will be working in the space — as editor-in-chief of her online magazine, Femme & Fortune.

“The Hive started because I needed a workspace as well,” Alam tells KYW Newsradio.  “I have been freelancing and owning my own business for the past two years, and I got tired of working in my apartment or different coffee shops.”

What’s the difference between an all-female co-working space and one that’s co-ed?

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“I think there’s maybe less intimidation, in a way,” she says.  “A lot of these co-working spaces around the country are mostly co-ed.  A dedicated female workspace provides more attention to these female entrepreneurs from each other.  It’s a new market that hasn’t been touched, especially in Philadelphia.”

The Hive is expected to open next month.

“Memberships will start at about $100, and that will get you five days a month to work there.   It will go up to $450 if you want a dedicated desk.  So, if you have a desktop computer, if you want to leave your stuff there every day, we’ll have space for that as well,” she explains.

Hear the extended interview in this CBS Philly podcast (runs 7:58)…

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