Coworking Facilities

GCUC 2017 Highlights: “Coworking is the biggest opportunity of our lifetime”

GCUC 2017 Highlights: “Coworking is the biggest opportunity of our lifetime”

The flexible workspace industry has grown and evolved, and we are all–vendors, business center operators, virtual office brokers, coworking operators, real estate developers, tech companies, transportation providers, incubators, accelerators–finally embracing the fact that we are all part of the same industry, and we are actively finding new ways to work together and add value to one another.

Via allwork.space 

“Coworking” doesn’t mean what it used to

“Coworking” doesn’t mean what it used to

Before opening one of New York’s first coworking spaces, New Work City, in 2008, Tony Bacigalupo stumbled across weekly events called “Jellies.” They were often hosted in people’s homes, where remote workers and freelancers met up to work side-by-side. “The reason [we went to Jellies] wasn’t because we needed office space,” says Bacigalupo, who is still friends with people he met at the events. “We’re communal humans, and we need to be around other humans.” Jelly members shared coffee, went to lunch together, and often ended up collaborating on projects.

Via qz.com 

14 Takeaways from GCUC 2017 in New York City

14 Takeaways from GCUC 2017 in New York City

Spending time with coworking space operators and professionals is the best way to go from being in the weeds about the day-to-day details of running a space or business to getting a bird’s eye view of the global coworking movement. Gathering in the same space reminds us where the movement has been and forges new pathways for where it’s going.

The Global Coworking Unconference Conference (GCUC USA), which took place in New York City this past weekend dug deep into the heart of coworking and the extraordinary power it has to connect people, accelerate purpose and careers, and transform communities.

Via allwork.space 

5 WAYS COWORKING IS BETTER THAN A TRADITIONAL OFFICE

5 WAYS COWORKING IS BETTER THAN A TRADITIONAL OFFICE

At Arrowstreet Architecture and Design, we think outside the box, literally, when it comes to coworking. In fact, we’re proud to have designed one of the most dynamic coworking space networks in the United States: Brooklyn Boulders (BKB), which features productive environments for users to work and mingle amongst a series of climbing walls. BKB outposts are now active in a variety of old and new spaces, from a converted warehouse in Somerville, Mass. to a luxury residential building in Long Island City, N.Y.

Via workdesign.com 

Longer Commutes Are Making Flexible Workspaces Solutions More Desirable

Longer Commutes Are Making Flexible Workspaces Solutions More Desirable

LiquidSpace, an online network for office space, recently released its Q1 2017 US Flexible Office Report.

This report further strengthens the fact that flexible workspace solutions are steadily becoming the norm in the work world.

One of the issues the report brings to light is the role of commuting times in driving the demand for flexible office solutions. According to the report, “people not only hate commuting, but there is also a significant body of evidence that commuting can negatively impact both work performance and health.”

Via allwork.space 

NYC Residential Developers Edge Into The Flexible Workspace Industry

NYC Residential Developers Edge Into The Flexible Workspace Industry

As the flexible workspace industry continues to explode, New York City condo developers seem eager to join the party. It’s of little surprise to workspace operators in the NYC market. This year alone, we’ve seen considerable developments such as WeWork’s staggering $20 billion valuation and Knotel’s $25 million Series A funding.

Via allwork.space 

A peek at WeWork's first custom-built office space with Mass Appeal

A peek at WeWork's first custom-built office space with Mass Appeal

Global shared-workspace brand WeWork recently completed its first first custom-built office space.

The New York-based office provider, which recently raised $300 million from SoftBank, collaborated with media and content company Mass Appeal to create a new state-of-the-art space with professional equipment geared toward entertainment and advertising. It's located in the SoHo area of Manhattan.

Via bizjournals.com 

How to Become a Billionaire: Startups for Architects

How to Become a Billionaire: Startups for Architects

Back in 2008, there was an architect in Brooklyn who was bored with his job. Wandering around his office building, he befriended a failing entrepreneur who was trying to start a baby clothing company. The two decided to take a shot at something new and opened a co-working space on a vacant floor of their building. Nine years later, the two own one of the world’s most valuable startups, WeWork, valued at around $17 billion. It’s worth nearly as much as AECOM, the world’s largest architecture firm, and they have raised more than $1 billion in startup capital without going public, making it, in the parlance of Silicon Valley, a unicorn. It’s the tech equivalent of winning a Pritzker Prize.

Via architizer.com 

3 Startups on the Value of Setting Up in a Coworking Space

3 Startups on the Value of Setting Up in a Coworking Space

With the remote work revolution in full swing, companies around the world are debating the value of setting up their business in a coworking space. With much lower costs, a bevy of networking opportunities, and enough free coffee to make your head spin, getting situated in a coworking space seems like a no-brainer for companies looking to embrace this new work-from-home trend.

As members of WeWork Kinzie, Tech.Co wanted to learn more about startups that call the Chicago office home. We talked to three startups about what they’re up to, what they’re planning for the future, and how setting up in a coworking space has helped them to reach their goals.

Via tech.co 

How coworking spaces are growing an entrepreneurial community in Grand Rapids

How coworking spaces are growing an entrepreneurial community in Grand Rapids

Boasting more than a dozen coworking spaces, and growing, West Michigan is no stranger to either this operating strategy or these initiatives. Whether you consider yourself a small business owner, an entrepreneur, a creative or just someone with a great idea, you are sure to find a space to meet your needs. Coworking spaces are not just for creatives or designers anymore. They now include options such as community kitchens, testing areas and maker spaces.

Via rapidgrowthmedia.com 

Cross-Collaboration: 8 Projects That Exemplify China’s Co-working Revolution

Cross-Collaboration: 8 Projects That Exemplify China’s Co-working Revolution

Last year, over 500 co-working sites existed in Shanghai and Beijing alone. As the phenomenon shows no signs of slowing down, developers and investors remain keen to build desirable co-working hubs that offer members flexible space for idea sharing. With more and more independent workers and small businesses craving environments far superior to the historically drab and isolating office, emerging models for co-working space offer alluring alternatives.

Via architizer.com 

WeWork wants to make its business look more like cable TV than real estate

WeWork wants to make its business look more like cable TV than real estate

Before becoming WeWork’s COO in 2015, Artie Minson was the CFO of Time Warner Cable.

The jump was, on its surface, odd. Not only had Minson given up an office with a picture-window view of New York’s Central Park to work at a startup, but it was a startup that seemed to have little in common with the cable TV business. WeWork, which operates more than 135 locations in 14 countries, essentially does rent arbitrage: It signs long-term commercial leases, divides the space into tiny offices, and rents them, month by month, at a premium.

Via qz.com 

WeWork’s office takeover continues with the launch of the Services Store

WeWork’s office takeover continues with the launch of the Services Store

WeWork, the co-working giant with more than 100,000 members, is today launching the WeWork Services store. In short, the NY-based behemoth wants to take over the world by way of the office, and is now focusing in on office tools instead of just the space. Much like your old-fashioned app store, WeWork Services Store gives members easy access to a broad suite of enterprise services, oftentimes with exclusive deals.

WeWork has long served its members with deals on enterprise software as the company leverages its massive base of members to get discounts and exclusive offers from folks like Amazon AWS and more. With the launch of the Services Store, WeWork can now serve those deals and other enterprise software as a part of the WeWork membership.

Via techcrunch.com 

IBM to take entire WeWork building in landmark deal

IBM to take entire WeWork building in landmark deal

IBM has agreed to sign a membership deal for all desks in WeWork’s 88 University Place, in the first reported case of a single corporation taking an entire WeWork space in New York. The deal comes as WeWork tries to extend its appeal beyond startups and freelancers into the lucrative market for corporate clients.

The technology giant is set to move up to 600 employees to 88 University Place, sources told The Real Deal. The agreement means the building will essentially become IBM’s corporate office, but designed and managed by WeWork. The co-working company occupies eight floors covering around 70,000 square feet in the 10-story, 86,927-square-foot building.

Via therealdeal.com 

My Secret on What to Do if You Are Renting a WeWork or Regus Space Next to Noisy Neighbors From a Different Company

My Secret on What to Do if You Are Renting a WeWork or Regus Space Next to Noisy Neighbors From a Different Company

Just over half a decade ago, I was convinced to try a novel office setup. The building where we were headquartered had to undergo some serious construction and we were forced to move out for a few months. I liked our main offices and didn’t want to invest the capital to rent a large, temporary new space, which I would have had to lease for an extended period of time. Instead, I was looking for something to hold us over until we could move back into our own, comfortable office space. Luckily, I had a friend who told me about a new coworking space that brought all types of businesses together. At this point, no one had heard of WeWork (Regus had been around for decades, but was so expensive at the time). I was hesitant at first, but the prices were unbeatable. I agreed to give WeWork a shot despite my skepticism. Once I got into the office, I knew that I was experiencing the future of the workplace and I have never looked back. Beer pong on Fridays, a meditation room? I felt a little bit like I had gone to work for Google.

Via huffingtonpost.com