work space

While on our way to the Pacific North West Summit Ben, Steve and I had a discussion re: the possibility of creating a Drupal-focused work space coop in Vancouver. I talked to some people at the conference about it too and no one told me it was a dumb idea (or were they just polite?). So, I am interested in opening a discussion on the topic to a wider audience and see if would be something desirable and feasible.

What would be this workspace?