Demand for flexible workspace including coworking options has never been higher, according to a survey from Yardi Kube, a space management software provider that is part of Yardi Systems.
Coworking spaces are now considered a viable option by 39% of the 1,200 office tenants surveyed. The top two reasons for interest in coworking space are cost savings and flexibility to increase and decrease the office footprint as needed.
About two-thirds of commercial real estate professionals surveyed plan to embrace some version of hybrid work. That doesn’t translate into a sharp decrease in office space demand, though.
The vast majority (91%) of respondents said they were confident that their footprint will either stay the same or increase in the near future. Only 9% said they plan on reducing their footprint.
Related Stories
Office Buildings | Feb 24, 2017
The sun’s rays helped shape this Studio Gang-designed NYC tower
Solar Carve Tower advances Studio Gang’s ‘solar carving’ design strategy.
Office Buildings | Feb 16, 2017
Bjarke Ingels Group wins competition to design S.Pellegrino Flagship Factory
The factory will immerse employees and visitors in nature from all sides.
Industry Research | Feb 15, 2017
Putting workers first should be every employer’s priority
The latest Sodexo report on workplace trends explores 10 factors that are impacting the global work environment.
Office Buildings | Feb 8, 2017
London office building employs transitional forms to mediate between the varied heights of surrounding buildings
Friars Bridge Court will provide a transition between the unvarying height of the buildings to the south and the more varied heights of the northern buildings.
Office Buildings | Feb 7, 2017
SOM-designed HQ will provide new riverfront space for C.H. Robinson
Over 1,000 employees will work in the HQ building when completed.
Office Buildings | Feb 6, 2017
The see-through office: Why interior glass is all the rage in workplace design
The hottest material in workplace design—interior glass—opens offices to light and collaboration. But what about privacy and acoustics?
Office Buildings | Feb 3, 2017
Zurich defies center-core office archetype with stacked, cantilevered HQ
The top bar is 500 feet long, spans 180 feet between the bottom two bars, and cantilevers out 60 feet to the east.
Office Buildings | Feb 2, 2017
3 tips for designing workplaces that support culture, brand, and community
An authentic culture cannot be forced, but can be encouraged and supported.
Office Buildings | Dec 14, 2016
The importance of 'Place' in the workplace
More, and more, companies are emphasizing the importance of creating a meaningful sense of place in the office environment for all of their employees, writes Gensler's Kevin Rosenstein.
High-rise Construction | Dec 13, 2016
The tallest building in Manhattan’s Meatpacking district tops out
The office, designed by CetraRuddy, will be completed in 2017.