Since people have been working in offices, there have been trailblazers searching for different ways to structure the workplace. Well, maybe that’s a bit of an overstatement, but it’s undoubtedly true that innovators are always looking for different ways to engage with their environments. Naturally, that extends to the work environment. Enter coworking in Ballston, stage right!
In a nutshell, coworking is the practice of shared workspaces. Multiple unrelated companies work in the same building, often using the operator’s administrative and amenity functions. In today’s modern and ever-changing office world, the fastest growing alternative to the traditional office space is a coworking space.
The coworking industry has become a global phenomenon! Around 2008-2010, more operators joined the market, but in recent years the industry has veritably exploded. According to Emergent Research, over 1000 new coworking spaces opened in the second half of 2018 – nearly half of which are located in the U.S. TechSpace, one of the first operators in the coworking space industry, was established in 1997 and opened in the Ballston area in June 2018.