Co-working has definitely kicked off in the last few years. In Los Angeles, we’re seeing many businesses, both start-ups and established companies, looking to work out of creative, shared environments. TechSpace Los Angeles (located in Westwood) pairs inspiring, collaborative, and professional offices with a visually beautiful location. Easy access to Santa Monica, Beverly Hills, and Downtown LA makes Westwood a prime spot for everyone looking to be in this desirable neighborhood.
But it’s not just in Westwood. Since TechSpace – one of the very first operators in the coworking space industry – was established in 1997, 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.