Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood
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Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood
Local workspaces are in-demand in residential areas as more companies support flexible working lifestyles. By Lucy McInally
Coworking spaces first emerged in central commercial districts decades ago. Since the pandemic, though, operators are seeing more benefits of locating workspaces in residential areas. Companies are also changing their workplace strategies to support people who want to work closer to home, which is having an incredible impact on local communities under a 15-minute city concept.
Going hybrid
One of the key driving forces behind the shift in workspace location preferences was the pandemic and the resulting desire to create a hybrid working lifestyle that cuts the commute. In 2019, a one-way commute to work took the typical U.S. worker 28 minutes, on average. 40% of U.S. workers would travel for 30 minutes or longer, whilst 10% took an hour or so to commute, according to The New York Times.
Now, the likelihood of bringing workers back to the office 100% of the time is almost zero. Workers who enjoyed a pause on commuting during the pandemic are now opting for flexible working 3-5 days per week, on average, to reclaim time and save money that was otherwise spent getting back and forth to an office. Hybrid working is no longer a nice-to-have, but a must-have.
Contributing to 15-minute cities
Local coworking enables workers to combine their personal and working lives to enhance their well-being. This, subsequently, might contribute to the success of the 15-minute city. Pioneered by urbanist Carlos Moreno, 15-minute cities utilize every piece of land within a 15-minute walk or bike ride distance to seamlessly integrate each aspect of people’s daily lives: workplaces, grocery stores, healthcare facilities, educational institutions, and green spaces, to name only a few.
Well established 15-minute cities foster convenience for all. It swaps the commute for active travel methods, a bike ride or an easy walk to work, taking more cars off the road, and making neighborhoods healthier, safer, and more pleasant to live in. The 15-minute city is a centralized approach to the fragmented urban sprawl that isolates business districts from residential areas.
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