Coworking, the growing trend in office space

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March 19, 2018
Culture, community, fun, hospitality, technology....the hottest new night spot?
No. It’s the new workplace. And what does all of this add up to? Money. More cash flow for the entrepreneur and a great market for property owners.
Coworking is more than a trend. It’s one of the hottest growth markets in real estate. And it is not just a bland desk with outlets or a simple conference room.
Many are becoming niche and mini-communities. Some target creatives; some target moms w/on-site day care; some target the health-conscious with work-out space and yoga rooms. And many are creating communities via social events such as cooking clubs, book clubs, happy hours and speakers.
·       There are currently 14,411 coworking spaces in the world today.
·       The number of coworking members will rise to 3.8 million by 2020 and 5.1 million by 2022.
·       These statistics, and more like them, prove that flexible workspace has become the workplace of choice.

Richardson Chamber member Communion Neighborhood Cooperative off Beltline west of 75 offers a co-working habitat featuring both shared and dedicated work space models on a subscription basis as well as a cafe open to the public serving breakfast, lunch, dinner, as well as coffee, beer, wine and cocktails. The Foundry is another offering near Campbell and 75.

Find out more about this trend. Here are some recent articles about coworking.
Cracking co-working code in commercial real estate

Coworking spaces for women redefine the workplace

As co-working grows up, niche spaces catering to small businesses take center stage

How can traditional office space property managers compete with co-working facilities?

The (new) social networks

Coworking is the new normal, and these stats prove it

Female-focused co-working spaces offer career and child-care help still lacking in many traditional workplaces

A co-working space vs. a private office: how do you choose?