<p>I'd say, unless there's a specific worthwhile reason to create a new space, stick it out; rent and paperwork aren't small issues. It's easy to talk about creating a new space, extremely hard (as you've seen) to actually create a successful one. Who are the leaders? Use your enthusiasm to make your current space the one you want to see.</p>
<p>I would (and do) tell young squires that I'm going to the space every (date/time) and working on (things) and they should join me. I never guarantee anything beyond what I can personally commit to. People are in the space nearly 24/7, but I don't set their expectations higher than what's realistic.</p>