The boom in coworking and flexible offices in the past five years has to a large extent been a city-centre phenomenon. The big brands like WeWork, IWG and The Office Group have focused on central London and big regional cities like Manchester and Birmingham, targeting growth at those areas with a high density of companies and workers.
But one of the myriad impacts of the coronavirus pandemic might be to see coworking come to the suburbs. Companies like Bizspace and IWG’s Regus have long provided a flexible offer in suburban locations. But the fact that the coronavirus is limiting the number of journeys people are taking into city centres could make other operators willing to look outside of the centre of major cities.
“I think you might see a change in location preference from customers,” IWG UK chief executive Richard Morris said. “People want to work closer to home, in a dispersed way, and companies might not just want that big cluster in the middle.”The “hub-and-spoke” model is…
Read the full story here.