What’s going on:
IWG, a flexible workspace provider, has unveiled a brand new 30,000 sq ft office space at Cobalt Business Park in North Shields in the UK.
This three-story building comes amidst a growing interest in hybrid working outside of major city centers, and is part of IWG’s plan to open 1,000 new locations in the coming year, according to Insider Media.
Why it matters:
Mark Dixon, chief executive and founder of IWG, said, “This new partnership will provide a high-quality new Regus office space in the suburbs of Newcastle, bringing hybrid working even closer to where people live. The North East is a major area of growth for us, and we’re pleased to offer yet another solution for the modern worker.”
As hybrid working solutions provide greater flexibility and wellbeing, the timing of this new opening makes sense; people are increasingly opting to work from smaller towns and suburbs instead of enduring lengthy commutes to centralized offices.
How it’ll impact the future:
The flexible workplace is expanding exponentially as workers come to terms with what they want for themselves. Flexible ways of working are becoming popular, and operators are trying to meet this demand.
