A nationwide survey of more than 300 end users, operators, landlords, and developers found that an agile workplace has a positive impact on user engagement.
The survey—conducted by The Instant Group, a workplace innovation company, and the architectural firm HLW—also exposed a blurring of the lines separating “flex” and “conventional” approaches to office design and operations.
“Agile working practice has been widely adopted and is now viewed as a strategy to mitigate uncertainty and risk,” observed the authors of the research report based on the survey titled The Marketplace for Flexible Work. “Furthermore, many companies now see agile solutions as offering value to their business planning.”
Peter Bacevice, HLW’s Director of Research, adds, “Today’s workplace calls people to action and to do great things. Great workplaces inspire people and provide the essential staging for the cultivation of community from which fresh ideas emerge, evolve, and underpin sustained business growth.”
End users of co-working and flex office spaces spend an average of 54% of their total work weeks in these spaces, the survey revealed. Among its respondents, 83% of the survey’s end users of co-working and flex space claim they’ve benefited from these new work environments over the last five to 10 years. And 71% stated that these workspaces positively affect the ways that they engage their work.
The survey found a high level of satisfaction with flex and co-working spaces among end users. Image: The Instant Group/HLW
End users say they are thriving in flex office spaces because these environments expand their professional networks and business opportunities, engender innovation, and give them a higher feeling of energy. The experience in these kinds of office spaces is akin to what users might encounter in hotel operations, observed John Williams, Instant’s head of marketing.
It’s not surprising, then, that while the majority of end users expect they will be working in a range of work environments in the future, more than two-fifths (42%) expect to be using flex office spaces more going forward in their work lives.
Three-fifths of corporate respondents to the survey agreed that the rise of co-working and flexible approaches to office design and operations has benefited their businesses, particularly in the area of being able to add or reduce the amount of space needed to seat employees at any given time.
Corporate tenants are looking for maximum flexibility from the workspaces they lease. Image: The Instant Group/HLW
For landlords, flex and co-working space creates value for their portfolios, the survey found. And office operators see the growth of these approaches as a way to gain more market share from corporate tenants.
While corporate tenants remain divided on co-working and flex space as a short or long-term solution for their companies, more than two-fifths of landlords agreed that flex space is a long-term solution, and 72% agreed that working with co-working operators that have a strong brand has “significant benefits” for their development.
“There is still much work to be done by the landlord market to assess who these potential clients [for flexible spaces] are and their specific demands, but the desire is there to adapt their offer to the market,” wrote John Vaughan, Instant’s Director.
Overwhelmingly, all respondents agree that wireless connectivity and wireless security are the most important technology-related features of flex and co-working spaces. Printing compatibility and printing security were also very important to almost two-thirds of respondents.
And with leases, on average, down to as low as 5.2 years, and with the average tenure or stay around 36 months for operators, the choice among tenants between a “flex” or “conventional” approach is now based more on cash-flow and strategic considerations than the length of stay.
Related Stories
| Dec 1, 2011
VLK Architects’ office receives LEED certification
The West 7th development, which houses the firm’s office, was designed to be LEED for Core & Shell, which gave VLK the head start on finishing out the area for LEED Silver Certification CI.
| Nov 22, 2011
Corporate America adopting revolutionary technology
The survey also found that by 2015, the standard of square feet allocated per employee is expected to drop from 200 to estimates ranging from 50 to 100 square feet per person dependent upon the industry sector.
| Nov 18, 2011
Centre for Interactive Research on Sustainability opens
Designed to exceed LEED Platinum, the Centre for Interactive Research on Sustainability (CIRS) is one of the most innovative and high performance buildings in North America today, demonstrating leading-edge green building design products, technologies, and systems.
| Nov 17, 2011
Hollister Construction Services renovating bank in Union City, N.J.
Project is part of a series of ground-up construction and renovation assignments.
| Nov 16, 2011
Project completion of BRAC 132, Office of the Chief Army Reserve Building, Ft. Belvoir, Va.
This fast-tracked, design-build project consists of a three-story, 88,470 sf administrative command building housing approximately 430 employees.
| Nov 15, 2011
Struggling economy demands construction industry embrace enterprise-wide risk management
In today’s business environment of high supply and limited demand, it has become especially vital for organizations in the construction sector to effectively manage risk.
| Nov 15, 2011
Miller joins Perkins Eastman as regional manager, Middle East and Northern Africa
Miller joins Perkins Eastman with more than 48 years of experience in architecture, design management, and construction administration for planning and infrastructure.
| Nov 14, 2011
VanSumeren appointed to Traco general manager
VanSumeren will draw on his more than 20 years of experience in manufacturing management and engineering to deliver operational and service excellence and drive profitable growth for Traco.
| Nov 11, 2011
By the Numbers
What do ‘46.9,’ ‘886.2,’ and ‘171,271’ mean to you? Check here for the answer.
| Nov 11, 2011
AIA: Engineered Brick + Masonry for Commercial Buildings
Earn 1.0 AIA/CES learning units by studying this article and successfully completing the online exam.