Competition in the coworking industry is growing stiffer as more of today’s jobforce find these alternative workspaces to be preferable to traditional offices. Now, demand for coworking has risen in many markets of the country, particularly in Chicago where a variety of companies thrive.
Industrious is one of the most well-known coworking operators in the country and has been expanding its Chicago footprint since its 2013 debut in the city.
Bryant Au, Industrious’ Real Estate Manager, explained that Chicago’s coworking market offers a wide range of options for businesses large and small. The company offers workspaces that are catered to a huge range of workers, whether it be small startups or corporations with over 100 employees.
When seeking out a new location for Industrious to built out a workspace, Au said that the company ultimately identifies places with consumer demand.
“We’re in glass towers in traditional central business districts, brick and timber conversions in mixed-use neighborhoods and in the suburbs,” said Au. “We look at our consumer base and find locations that match the needs of the demographic.”
Industrious currently operates coworking spaces across 40 U.S. cities, but as competition tightens up in the Windy city, Au said that it is vital for other flexible office firms to focus on providing a seamless member experience.