Tag Archives: Coworking

The Wall Street Journal, VC’s, the real estate business, Madagascar… More and more players are interested in Coworking

Here is what the Wall Street Journal (WSJ) wrote  in an article about Coworking, last week:

“Owners of stodgier office spaces are tearing up their floor plans to chase the market. Earlier this year, a building at 115 Sansome St., in downtown San Francisco, started remodeling for a more flexible layout to appeal to high-tech start-ups.

“We are transforming this project because we think we will achieve greater demand for the space as well as higher rents than could be attained by maintaining the traditional office space,” says John Winther, founder and managing partner of Emeryville, Calif.-based Harvest Properties, which is leasing the building.

More and more people, business organisations or public bodies are interested in the development of Coworking.

Companies are choosing alternative workspace strategies, reported CNBC, for instance, a few days ago.

This month, a Real Estate convention held by CBRE underlined the rising importance of mobile working and of coworking for the Real Estate business (thanks Marc Gilbreath, LiquidSpace, for the information).

Besides, Venture Capital firms are nowadays investing in coworking facilities and tools (cfr General Assembly or LooseCubes, rencently).

In brief, “Money man are taking notes” of what is happening in the coworking workd, anaysed Gigaom in a recent post.

Indeed, so far, regarding this new trend, the US seems ahead of Europe. However, European operators could catch up pretty fast.

And so will the rest of the world, most likely. In Asia, South America or Africa. In Madagascar, for instance, the blogging community strongly pushes to develop the coworking movement on the island.


Coworking in Latvia

Coworking in Mongolia

(picture Philippe Verstichel)

A visit at Club Office (Germany)

A view from the Austin Coworking Unconference : Angel Kwiatkowski, CoHere (Fort Collins, Colorado)

Angel Kwiatkowski is the founder of CoHere, a coworking space based in Fort Collins, Colorado.

She is the co-author of “Coworking : building community as a space catalyst“, and spoke about it during the Coworking Unconference, which took place on March 10th in Austin (Texas).

“As a former human ressources manager in a traditional organisation, I was just sending emails and fullfilling ineffective tasks, she says, Today, as a coworking space catalyst, I spend my time listening to people. That’s the best version of human ressources development. Ironicaly, I had to leave a company to actually practice my craft”.

Building a community before the opening up of a coworking space is critical, says Angel. Coworking spaces which opens without having a community already sticking people with each others take such a long time to build it that they can have to shut down before reaching the occupation breakeven point.

Coworking spaces also have a life cycle, acknowledge Angel. Free lances, entrepreneurs and people in general come in a coworking at a specific time of their professional life. They will work there during maybe 3 to 5 years, and likely move away. and the same applies likely for Coworking space owners…

Jean-Yves Huwart
Global Enterprise
Coworking Europe 2010 conference