It sounds like a cool idea - though the pure Mac lab kinda sucks, why not Windows and Linux machines as well? Can anyone provide any more info about this place?
Go to Grand Rapids, Mi and you can get a membership at theworkfactory.com for 24/7 office space for $275 a month, rent a NICE loft apartment a block away for $1000 a month www.616lofts.com or live in a basic place for $500 a month, while being across the street from the 3rd best beer bar in the world hopcat.com
The state also has some big incentives for raising capital, mostly because the current gov is a former VC.
For a seedround under $1mm, they'll do a $250k convertable note http://www.michiganadvantage.org/E-and-I-Access-to-Capital/
IF you raise over $700k there is a 50% match up to $500k.
There is more, but they REALLY want startups in the state and costs are very low here in town. You can BUY an office building for the yearly cost (or less) to rent in SV or NYC.