Chicago (The Loop)
Chicago (West Loop)
Chicago (Wacker)
Houston (Theater District)
Houston (Scanlan Building)
Dallas (Katy Building)
Charlotte (Uptown)
Jacksonville (Groover-Stewart Building)
Seattle (Pioneer Building)
Alexandria (Old Town)
Indianapolis (Circle Tower)
Pittsburgh (Golden Triangle)
San Diego (Gaslamp)
Denver (16th Street)
Chicago (River North)
Kansas City (Kessler Building)
Richmond (Shockoe Slip)
Nashville (5th Avenue)
Minneapolis (Lasalle Building)
Boulder (15th and Canyon)
Cincinnati (Hooper Building)
Savannah (Johnson Square)
Phoenix (Midtown)
Chicago (Superior)
Minneapolis (TriTech Center)
Madison (The Capitol)
Orlando (Angebilt Building)
Denver (Trinity Place)
Milwaukee (Cathedral Square)
San Jose (North First)
Washington, D.C. (Dupont Circle)
Phoenix (Heard Building)
Norfolk (City Center)
Miami (Biscayne)
Columbia (Main Street)
St. Petersburg (4th Street DTSP)
Austin (North Austin)
Houston (Upper Kirby/Greenway)
Albany (State Street)
Chicago (100 S. State)
America Chicago
America Adak
America Anchorage
America Anguilla
America Antigua
America Araguaina
America Argentina - Buenos Aires
America Argentina - Catamarca
America Argentina - Cordoba
America Argentina - Jujuy
America Argentina - La Rioja
America Argentina - Mendoza
America Argentina - Rio Gallegos
America Argentina - Salta
America Argentina - San Juan
America Argentina - San Luis
America Argentina - Tucuman
America Argentina - Ushuaia
America Aruba
America Asuncion
America Atikokan
America Bahia
America Bahia Banderas
America Barbados
America Belem
America Belize
America Blanc-Sablon
America Boa Vista
America Bogota
America Boise
America Cambridge Bay
America Campo Grande
America Cancun
America Caracas
America Cayenne
America Cayman
America Chicago
America Chihuahua
America Costa Rica
America Creston
America Cuiaba
America Curacao
America Danmarkshavn
America Dawson
America Dawson Creek
America Denver
America Detroit
America Dominica
America Edmonton
America Eirunepe
America El Salvador
America Fortaleza
America Fort Nelson
America Glace Bay
America Goose Bay
America Grand Turk
America Grenada
America Guadeloupe
America Guatemala
America Guayaquil
America Guyana
America Halifax
America Havana
America Hermosillo
America Indiana - Indianapolis
America Indiana - Knox
America Indiana - Marengo
America Indiana - Petersburg
America Indiana - Tell City
America Indiana - Vevay
America Indiana - Vincennes
America Indiana - Winamac
America Inuvik
America Iqaluit
America Jamaica
America Juneau
America Kentucky - Louisville
America Kentucky - Monticello
America Kralendijk
America La Paz
America Lima
America Los Angeles
America Lower Princes
America Maceio
America Managua
America Manaus
America Marigot
America Martinique
America Matamoros
America Mazatlan
America Menominee
America Merida
America Metlakatla
America Mexico City
America Miquelon
America Moncton
America Monterrey
America Montevideo
America Montserrat
America Nassau
America New York
America Nipigon
America Nome
America Noronha
America North Dakota - Beulah
America North Dakota - Center
America North Dakota - New Salem
America Nuuk
America Ojinaga
America Panama
America Pangnirtung
America Paramaribo
America Phoenix
America Port-au-Prince
America Port of Spain
America Porto Velho
America Puerto Rico
America Punta Arenas
America Rainy River
America Rankin Inlet
America Recife
America Regina
America Resolute
America Rio Branco
America Santarem
America Santiago
America Santo Domingo
America Sao Paulo
America Scoresbysund
America Sitka
America St Barthelemy
America St Johns
America St Kitts
America St Lucia
America St Thomas
America St Vincent
America Swift Current
America Tegucigalpa
America Thule
America Thunder Bay
America Tijuana
America Toronto
America Tortola
America Vancouver
America Whitehorse
America Winnipeg
America Yakutat
America Yellowknife
Hawaii-Aleutian Standard Time (HAST)
Hawaii-Aleutian with Daylight Savings Time (HADT)
Alaska Standard Time (AKST)
Alaska with Daylight Savings Time (AKDT)
Pacific Standard Time (PST)
Pacific with Daylight Savings Time (PDT)
Mountain Standard Time (MST)
Mountain with Daylight Savings Time (MDT)
Central Standard Time (CST)
Central with Daylight Savings Time (CDT)
Eastern Standard Time (EST)
Eastern with Daylight Savings Time (EDT)
Atlantic Standard Time (AST)
Atlantic with Daylight Savings Time (ADT)

Even before the pandemic, there were early signs that indicated major companies were moving their workforce into coworking spaces. Microsoft, for example, recently gave 30% of its New York employees access to a local coworking space. The technology titan even announced its own version of coworking spaces, called Microsoft Reactors, where developers and startups could work and network.

As it turns out, Microsoft isn’t alone in its thinking. Other companies are making the decision to invest in or start their own coworking spaces.



Large Corporations Moving to Coworking Office Spaces


Microsoft isn’t alone. As safety protocols ease and the world gradually returns to the office, large corporations (as well as budding startups) are finding that by using coworking spaces, they can save money, develop important connections, and gain access to thriving entrepreneurial communities.

In 2017, Verizon converted an old data center in Washington D.C. into a bright and colorful coworking space. John Vazquez, Verizon’s senior vice president and head of global real estate said, “to us, the real value is what we get by bringing entrepreneurs into the building and having them meet our folks.”

The reason big companies like Verizon, Bank of America, and IBM are finding coworking spaces is due to cost and culture. Coworking provides a more affordable alternative to giant office campuses (that are seldom used, especially in 2020), allowing flexible payment plans. But beyond that, coworking spaces offer a sort of startup culture that enterprises seek out.



Coworking Office Space Benefits


  • Cost-effective plans – Coworking spaces distribute the cost of the space among all its members, resulting in a highly competitive rate for everyone.
  • Workspace flexibility – Choose whether you want to work at a dedicated desk, in an open office room, in a phone booth, or in a completely different coworking location. Coworking is about giving employees a choice of workspace.
  • Work-life balance – Coworking spaces are typically found in major cities, in proximity to commercial and financial districts as well as transit. The coworking culture encourages rest and relaxation as much as hard work.
  • Startup community – Speaking of culture, coworking is about a sense of community with other entrepreneurs, startups, building staff, and other tenants.
  • A central meeting place – Whether working with a remote team or inviting a potential client for a meeting, coworking spaces offer businesses a single place to meet up, collaborate, or just have a friendly chat.



Impact of Coworking Spaces on Culture


Over the years, coworking spaces have completely reshaped society’s perception of work culture. In a few short years, companies have gone from rigid and formal settings to embrace more open and collaborative spaces.

One big change is the idea of a flat management structure. Instead of having several managers and employees beneath them, startups have begun to employ a leaderless organization. This leads to a greater sense of ownership, of feeling valued.

With open spaces and entrepreneurial culture, talent management also changed overnight. Companies gained access to prime talent, including vendors, employees, interns, and even clients. Collaboration became a great priority for many, as it leads to more unexpected yet fruitful relationships. Although we are likely to see greater instances of remote, nothing will replace the benefits of in-person work and networking.



Flexible Leases in Coworking Office Spaces


Fast-growing startups and multinational corporations share something in common: the entrepreneurial drive to save money and allocate resources to high-priority items. Coworking presents a way for companies to continue using a common space for productive and collaborative work while having the freedom and flexibility to add or remove office spaces as needed.

For startups, this low-risk commitment is crucial in the early planning stages, while for enterprises, this can be a cost-effective way of expanding to new markets and locations. Coworking offers scalability, whether for enterprises looking to expand their geographical footprint or startups looking to plant their roots.

A coworking place can even offer a convenient meeting place for a distributed workforce, across the country or even the world. If two separate teams were located in the US, they need only an Expansive membership and a chosen coworking location to meet up for monthly meetings.

Whether you are part of a major brand known across the world, or you’re responsible for the growth of a new venture, or you’re somewhere in between, Expansive Workspace can provide you with space and resources to help your business grow and thrive. Learn more on our plans page.