Over the last few years, large corporations have experienced a rise in the utilization of coworking spaces. Office flexibility, increases in employee collaboration, and increases in innovation and networking have all been factors influencing this shift towards coworking spaces. Originally, coworking spaces targeted freelancers and entrepreneurs who typically lease month to month. However, larger corporations have created a demand in lease space because they now recognize the benefits coworking spaces offer, and they also require longer leasing commitments.
In 2016, Microsoft decided to give 300 of their employees in New York City access to WeWork spaces to allow them more flexible office arrangements. Through this WeWork agreement, these 300 employees will have access to 30 different office spaces throughout the city where they will be able to book working space or private conference rooms when necessary.
According to a CBRE Enterprises Survey, 44% of corporations are already using some type of flexible office solution and 65% of enterprise companies plan to incorporate coworking into their portfolio offering by 2020. Driving this change is an increased amount of telecommuting and independent workers who would prefer coworking spaces instead of working from home. In order to improve productivity, corporate offices all over the US are transitioning to open layout coworking spaces with no assigned workspace.
Benefits of Coworking Spaces:
Corporate coworking spaces are beneficial to corporations because they tend to be more informal, flexible, and easily reconfigurable in design compared to a typical corporate workplace. These elements are important within the space to facilitate the changing needs of coworking individuals. Coworking spaces typically have easily accessible centralized amenities for users and plenty of natural light for productivity.
Versatile and well-designed coworking spaces tend to attract more people, helping to increase networking possibilities. Transitioning from a formal corporate space into a flexible coworking space helps to alter the culture and mindset, introducing change into an environment. Change can increase possibilities for creative thinking and innovation. As the desire for more flexible workplaces continues to grow, more of the corporate workforce will transition into the coworking environment.
As an Interior Designer, Katie is enthusiastic about understanding how people experience and interact with the spaces around them. She believes that the best design solutions are achieved through collaboration and listening to each individual team members' passion.