Even if you don’t work in a coworking space, the chances are good that you know someone else who does.
That’s because coworking – the concept of sharing workspace and resources among many different self-employed workers, startups and other small businesses, often on a subscription basis – is the fastest growing trend in commercial real estate, rapidly replacing the idea of traditional office space with more flexible, more enjoyable alternatives.
In fact, as of 2018, there are more than 14,400 coworking spaces in the world and the total number of “coworkers” – that is, people who use these spaces – is on track to reach 3.8 million by 2020 and top 5 million by 2022.
In the U.S., there are currently more than 4,500 such spaces up and running, and that’s up from less than 300 in 2010, with expectations to top 6,200 in the next four years. Coworking now accounts for more than 27 million square feet of U.S. office space, and the industry is forecast to grow at a rate of 15 percent per year for the next five years.
Coworking has become “the new normal” for much of the workforce.
And it’s easy to see why.
Coworking offers flexibility and adaptability that your traditional office space just can’t match. Need more space to accommodate a growing team? No problem, just add some memberships. Need to cut costs to weather a business slowdown? Also no problem, as most coworking leases are on a month-to-month basis.
Roughly 84 of coworkers claim to be more engaged and motivated due to their office space arrangement, while 89 percent of them report being happier overall as a result. On the flipside, 72 percent of landlords say that leasing space to coworking operators has been a positive development for their businesses.
Here in Colorado, as of 2018, there were some 25 coworking spaces just on the Front Range, and that number is rising just about every month. New spaces are going in all the time, often replacing more traditional leased spaces, and existing spaces are continually expanding. International coworking chain WeWork, for instance, recently announced its seventh Denver location, less than three years since entering the city.
But coworking isn’t just for cities. The south Denver corridor is also home to many popular and growing coworking spaces, including:
Office Evolution Greenwood Village
7350 E Progress Pl #100
Greenwood Village, CO 80111
https://www.officeevolution.com
As part of a nationwide chain of coworking spaces, Office Evolution offers private offices, shared workspaces, day offices as well as conference room access and business services on a monthly or hourly basis. Best of all, members can access its network of workspaces all over North America. Office Evolution also has a location in Lone Tree at Park Meadows.
Serendipity Labs
6400 S Fiddlers Green Cir #250
Greenwood Village, CO 80111
https://serendipitylabs.com
With locations in 17 states, Serendipity offers both full-time and part-time coworking, private offices, workstations and team rooms, all with an eye toward the needs of larger, enterprise-range users.
Zip Desk
6422 S Quebec St.
Centennial, CO 80111
https://www.zipdesk.online
Zip Desk promises a unique and comfortable work environment, with flexible co-working and office space arrangements for both short- or long-term use. It’s all about options, with rent / lease choices, private offices, shared spaces, flex spaces, temporary offices, mail service, conference rooms and more.
Enterprise
5500 Greenwood Plaza Blvd Suite 130
Greenwood Village, CO 80111
https://enterprisecoworking.com
With a sister location in the heart of Denver’s RiNo district, Enterprise Greenwood Village brings the community and perks of shared workspaces to the Denver suburbs. Its coworking memberships offer shared amenities such as meeting rooms, break rooms, an event space, and a kitchen. It’s also located near public transit and a short walk to retail, dining and entertainment options.
KORE Office
6500 S. Quebec St., Suite 300
Greenwood Village, CO 80111
http://koreoffice.com
Need something between a shared coworking desk and a large, leased space? KORE Office has you covered. Specializing in executive suites and options for smaller, 3-4 person teams, the space in Denver Tech Center also includes on-site receptionist services, meeting rooms, and a full coworking space if you need a little more room.
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FANUM
6295 Greenwood Plaza Blvd.
Greenwood Village, CO 80111
http://www.fanum.com
Located in the AMG National Trust Bank building, FANUM is a founders’ club that goes beyond the typical services of a coworking space. The club serves as a platform and a community for serial entrepreneurs. The club features 6,000 sq. ft. of premium class AA private furnished offices and over 6,000 sq. ft. of shared work and meeting spaces. In addition, there is shared event space, a rooftop patio, executive conference rooms, an on-site gym and membership options that include everything from furnished office suites, to storage lockers, to co-working desks.