The Evolution of Coworking
The origin of coworking is shared renting or joint lease. Subletting has also contributed to the development of the concept. In the last century, many property owners and property management companies had decided to bring in multiple tenants in the same premise because of the lack of tenants or lessees looking for large spaces. Either the large spaces were compartmentalised or multiple tenants were moved in at the same space with partitioned cubicles and segregated zones. That is surely the precursor to coworking as we know it today.
Coworking has become a popular concept in recent years. As more people embark on their entrepreneurial journeys and startups blossom in most industries, as more people take to self employment and professionals choose to become digital nomads, coworking will evolve further. Already, we have seen the evolution of coworking taking dramatic turns.
- Coworking has been coalesced with co-living at many places. Many young aspirants who have just graduated and moved to a new city or town don’t always like the lonely lifestyle they are about to embark upon. They feel nostalgic about their communal living back in college or university. Most people in their twenties are not willing to lead a lonely life or be alone whenever they are not at work. Coworking certainly brings people together. It gets even better when it encourages co-living. Effectively, coworking and co-living offers a holistic proposition.
- Coworking has always focused on convenience and the element of having some fun. It was only a matter of time when coworking embraced holidays. Today, there are many coworking spaces across Europe that allow professionals to combine their holidays and work. There are people using coworking spaces in various cities and tourist hotspots across Europe, combining surfing and video conference, cocktails and deadlines.
- Many coworking facilities now offer child care services and also daycare in some cases. Major conglomerates around the world have had this policy for decades now. Coworking had to factor in the need of young parents who cannot hire a full time nanny or have a family member stay with the kids. Many crèches offer coworking spaces today so in effect some coworking premises have child care or daycare facilities and some childcare facilities offer coworking space.
- Coworking is becoming industry specific. Today, it is not just the techies or geeks who go on coding relentlessly but also the lawyers and realtors who like coworking spaces. It is obvious that the amenities necessary to cater to multiple diverse professions are significantly different. Coworking facilities are becoming more targeted and industry specific.