[bctt tweet=”Real estate company BBG has found that young workers are driving demand for coworking spaces as they continue to prefer flexibility in their work options.” username=”allwork_space”]
BBG said that coworking spaces are expected to grow at a rate of 6% annually through 2022, leading some landlords and investors to reevaluate their use of space in buildings to push their property values higher.
“The proliferation of coworking office buildings reflects a monumental change in the way today’s society views the workplace,” said Chris Roach, BBG’s CEO. “Flexible office space gives people the opportunity to meet and interact with others who have different skills and backgrounds that may not be otherwise available in a traditional office environment.”
A 2018 Clutch survey found that 55% of millennials favor flexible offices, coinciding with BBG’s findings. This has led to many employers to start including flexibility and remote work options to recruit and retain talent.
Despite the high demand for flexibility and collaborative spaces, research suggests that employees need a variety of workspaces. This means the inclusion of private areas free of distractions and noise.