OuterSpace started as the single studio SilverSpace in 2007 when Asimina Chremos leased and maintained the location as a live/work studio for herself and other movement artists in her community. The second studio, OuterSpace space was added to the lease in 2010 and soon thereafter was managed by The Space Movement Project who stewarded an accessible and affordable space for hundreds of artists from 2010 to 2017.
In September 2017 The Watering Can and Butoh Chicago renewed the lease and are now managing the space. The two have joined together to revitalize and retain OuterSpace as a center for Chicago creatives.