Coworking on the Rise
In a nutshell, coworking is the practice of shared workspaces and amenities where multiple unrelated companies work in the same space using the operator’s administrative and amenity functions. In today’s modern and ever-changing office world, coworking is the fastest growing alternative to the traditional office space.
The coworking industry has become a global phenomenon! Between 2008-2010, more operators joined the market, but in recent years, the industry has veritably exploded. According to Emergent Research, over 1,000 new coworking spaces opened in the second half of 2018 — nearly half of which are located in the U.S.
TechSpace, one of the first operators in the coworking space industry, was established in 1997 and opened in the Ballston area in June 2018.
Who Uses Coworking Spaces?
People often wonder what kinds of companies are best served by coworking spaces. The answer is many industries are actually well-suited. Since opening in June 2018 at our Ballston location at 4075 Wilson Boulevard, we’ve experienced a rapid influx of businesses that have ties to the federal government, but also see a lot of growing tech companies.
Despite the different sectors in which they operate, all businesses have become reliant on a superior technology infrastructure like the one TechSpace provides.
Why Move into TechSpace?
Flexibility — The terms provided by a flexible workspace provider gives members the ability to scale up (or downsize) quickly, as their needs change. This means a company can grow into a private office, or multiple private offices, as well as scale within the same building, all without having to move or change addresses. Coworking spaces also help with low upfront capital costs and reduced fixed expenditures — giving your company more cash on hand.
Amenities — As the competition for top talent heats up, companies must adapt their workplaces in response to changing demands and expectations of employees. Flexible workspaces offer a wide range of hospitality-focused services and amenities — from a welcoming reception area and dedicated community manager to a variety of networking events — creating a warm, welcoming atmosphere and positive workday experience for all employees.
Community — Coworking spaces also give members access to a supportive community of other like-minded business professionals to work around. This means companies and their employees have endless opportunities to network and socialize with other members — both throughout the workday and during community programs and events.
Move into TechSpace by December 31 and get up to $500
For a limited time, TechSpace is reimbursing new members up to $500 when you sign by December 31. So, how does the one-time incentive work? It’s simple!
- Earn $500 total (maximum) for 4+ seats
- $250 total for 1-3 seats (this includes FlexSpace)
Book a tour with our community manager, Jennifer today!
Move-in credit of $250 or $500 will be given to new members closing on their office(s) by December 31. Credit will be applied by ‘one-time promotional discount’ 90 days (3 months) after move-in date.