Miami’s office market continues to be dependent on coworking firms to fill their spaces, but some landlords are concerned that their absorption rate is becoming too much.
Jumping on the biophilic bandwagon
Offices are moving away from the traditional desk and four grey walls. This soul-sucking environment can hinder employee performance, especially when the highlight of the day is just a trip to the kitchen.
Now, many workplaces are incorporating green spaces and organic materials in their design. Not only is this approach more aesthetically pleasing, it can have numerous benefits to the company and workers.
The 2018 Work and the Outdoors Survey said that 87% of indoor workers enjoy the outdoors, but 75% rarely have time to work outside.
Psychologists have explored the idea of humans having an innate desire to connect with nature, which is now referred to as “biophilia.” Rapid urbanization has made this need much harder to access.
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Companies are attempting to combat this by, not only adding plants and greenery to the space, but by increasing natural light and using natural materials like wood and stone.
Even some of the world’s largest corporations are jumping on the biophilic bandwagon. For example, Amazon’s Seattle headquarters opened the Sphere, which are three glass domes that contain 4,000 square feet of space and over 40,000 plants.
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Gym-coworking hybrids have gained traction recently, allowing members to be productive at work while encouraging them to take care of their physical and mental health.
The 2019 Global Coworking Survey has revealed that there is to be 2.2 million coworking members by the end of this year and identified the state of the industry so far.
Office Depot has been testing out coworking spaces within three of their existing locations in an effort to expand its current services and drive traffic into stores.
Just ahead of its IPO, WeWork has signed four new Manhattan leases to open its “Headquarters by WeWork” offering dedicated to providing un-branded spaces for clients.
Despite the coworking industry seeming congested, operators are not concerned about the competition as each coworking space gears its services to a specific audience.
Flexibility in the workplace has become a common option for workers, but some firms are going further by becoming 100% remote so staff can work from wherever they please.
Coworking firms, such as WeWork and Knotel, have been rapidly expanding their footprint in New York’s Flatiron District as it becomes the city’s hub for shared offices.
British brand Established & Sons have introduced four new furniture designs that aim to create a more comfortable workplace, while also being functional to homes.
Condeco’s newest research paper found that 41% of employers offer remote working, thanks largely in part to major technological advancements that are sweeping workplaces.
Industrious is partnering up with national retail and mixed-use developer Seritage Growth Properties to brings its coworking spaces into five of the retailers locations.
Companies have accepted that wellness in the workplace should be prioritized, but the trendiness of it can overshadow what is most effective — starting from the basics.