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.
Going green without spending green
Sustainable buildings can do more for tenants other than helping the environment. Statistically, employees who work in Leadership in Energy and Environmental Design (LEED) buildings are healthier, more productive and more loyal to their companies.
Business owners are becoming more willing to spend more on eco-friendly spaces. In fact, it is expected that commercial building owners will spend $960 billion in upgrading infrastructure to meet LEED standards by 2023.
Currently, there are more than 200,000 buildings with LEED certification. Many metropolitan areas of the U.S. have yet to embrace these guidelines since it’s time-consuming and costly., but building green habits in the workplace does not have to be expensive. Simply walking, biking, or taking public transportation can contribute to a more eco-friendly workplace.
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Upgrading furniture can also help companies use their space more efficiently and effectively, while maintaining day-to-day productivity.
Energy efficient lighting is also an inexpensive way to be more green, while also cutting down long-term energy costs. LED lighting typically pays for itself in about three years.
Simply put, it doesn’t have to cost an arm and a leg to become a more energy conscious building.
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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.