Co-Working Continues To Make Its Mark With Female-Focused Spaces On The Rise
Co-working spaces designed specifically with women in mind are catching fire amid a national movement that aims to tackle issues like sexual harassment, gender-pay gaps and a lack of female leadership.
Riveter in Seattle, Radiant in San Francisco, the Hivery in Marin County, California, and The Wing in New York are all betting on women's need for this type of workspace, which offers similar amenities to those offered at typical co-working spaces. Features like Mothers Rooms, female mentors, workshops and networking events designed specifically to help women succeed are also included, Bloomberg reports.
This trend is likely to continue growing as the co-working sector rapidly expands. In the last two years, a quarter of the new office leases signed were for co-working or flexible workspaces. Flexible office space in particular has grown 23% annually since 2010, according to JLL.
Co-working and flex space are now considered the main drivers of growth in the U.S. office market and by 2030, it is anticipated that 30% of all office space will be flexible or shared amenity areas, Reuters reports.
The growing base of “Sheworking” spaces could help fuel another industry as well — fitness. Companies like Riveter are leasing space in residential areas near cycling and yoga studios in order to accommodate workers schedules during the day, allowing them to easily fit in a workout between picking up the kids, while maintaining low costs for the facilities.