WeWork-owned Common Desk will open a new location in San Antonio as it continues to establish its place in Texas’ flexible office market.Â
The new location will feature a $1 million renovation of Travis Park Plaza, including transforming 20,000 square feet of existing office space that aims to be completed by April of 2023. Â
Texas has become a sort of hub for remote workers and corporations in recent years thanks to its tax-friendly incentives and lower cost of living.Â
As a result, the flex industry in the area has exploded in popularity, with Houston recently ranking number one for flexible office growth according to CBRE.  Â
WeWork itself has fought to find its footing in recent months, opening new locations and closing some unprofitable ones. Fortunately, skyrocketing coworking demand and a nearly full revamp of its business model, giving WeWork and its affiliates a chance to improve its reputation in the eyes of investors. Â