The co-working market makes up 0.7% of the U.S. office market, and since 2014, providers of shared offices have leased more than 3.7 million SF in leases of 20,000 SF and larger.
Co-working spaces promote growth, innovation and diversity. The offer a variety of work spaces, a community of creative people and a sense of domesticity—and that’s why people love them.
So, what other services or experiences can these spaces provide to enhance revenue and push the boundaries of the innovative user experience?
For co-working spaces to thrive and evolve, the services they provide must evolve with the needs of the users. I believe a hybridization of services is necessary to solidify the future of the business model and to bring together different functions, in turn bringing in fresh clientele.