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Top 10 Co-working spaces in the USA
Top 10 Co-working spaces in the USA

Top 10 Co-working spaces in the USA: {Updated 2021}


This post was most recently updated on October 18th, 2021


In today’s extremely increased paced world, many of the trained professionals and independent entrepreneurs that need to either provide their services to big multinational companies and commerce hubs by working from home or are in the beginning stages of their dream projects require office spaces. We will discuss regarding Top 10 Co-working spaces in the USA.

While freelancing is an amazing manner of turning ones’ life upside down, it often becomes very scary when you lack a good co-working place. Co-working spaces are an indispensable condition for individuals whose work necessitates them to move from one place to another for numerous operations. Co-working spaces make it ridiculously easy for entrepreneurs today. The United States of America is the hub and the center of commercial activity.

What is Co-working Company?

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.

With trained professionals, the US has one of the greatest numbers of entrepreneurs in the world. Another issue with finding a space is that the leases are usually long. Everyone will try to persuade you into a multi-year lease. This is apart from the additional expenses, such as furniture, Internet access, and cleaning.

For startups, these long leases make hiring and expanding staff a very cumbersome and expensive process. However, all of this was before the rise of co-working spaces. While finding a co-working space is absolutely tedious you can refer to the list below to make things easier for you. Next time you require a co-working space in the United States this detailed list should help you find one easily.

WeWork

WeWork

There’s no list of Co-working Spaces that would be proper without it, this amazing space in it. WeWork will offer you workspaces and services in a total of 19 U.S. cities. They primarily focus on community and events. Some of the instances of the same are lunch and learns, happy hours, networking events that are periodically held here.

Some of the membership plans offered here are designed in a way to fits your needs. For example, private offices begin at $400 a month. This co-working space was founded in 2010, and currently has over 50 locations in New York City, and is on its path to becoming the largest private office tenant in Manhattan. Currently, it has more than 2,00,000 official members.This is among the best co-working spaces in the USA .

NextSpace

NextSpace

The co-working space called NextSpace has over seven locations in places such as California, Chicago, and Illinois. These guys are one of the pioneers in the co-working space industry and make the experience worthwhile. Today NextSpace is a unique place for people to go and do their best work. Next time you need to pick a place to get those juices flowing choose them. They’ll take care of your every need.This is one of the Top 10 Co-working spaces in the USA.

Bond Collective

Bond Collective


This co-working space offers spaces at four locations in the Big Apple aka New York City. The members of this co-working space ensure that they enjoy the love of the “luxury” office spaces that are specially designed to feel homelike. This co-working space is a place complete with friendly and helpful staff. According to the members of this co-working space, this place has the best staff that they’ve seen in a while.This is one of the Best Co-working spaces in the USA.

NGIN Workplace

NGIN Workplace

The NGIN Workplace is located in Cambridge’s Kendall Square. This co-working space is a beautiful and sunny shared office space that was designed for entrepreneurs. That catch here is that this space was made by entrepreneurs for entrepreneurs making it different from the rest of them around. It also is complete with tons of activities that are aimed at bringing the community together.This is one of the Top 10 Co-working spaces in the USA.

Regus

Regus

This co-working space will help you with the following namely, office space, virtual office, co-working, and meeting rooms. They span over a total and an enormous number of 475 cities across the U.S. It caters to many fast-growing businesses and large companies including entrepreneurs. At this place, you can pay as you go or you can also choose to reserve a space for months or even years. This is one of the Top 10 Co-working spaces in the USA.

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Proximity Space

Proximity Space

This Co-working space has over eight locations in Colorado. Initially, it was started in the location of Montrose. Proximity Space is equipped with an enormous array of amenities as a part of its inspirational work environments. The company believes that “proximity” to each other in a connected “space”, is the key to ensuring that opportunities of the future are cultivated. This is one of the Top 10 Co-working spaces in the USA.

CO+HOOTS

CO+HOOTS

This Co-working space is located in Phoenix, Arizona. CO+HOOTS as a working space is typically a shared space that resembles a home. With great services, amenities, and collaboration this place is the one-stop location for all your needs.

The members of this co-working space are offered access to an incredible local community of entrepreneurs. These will ensure that your business is ever-growing and you are full of enthusiasm and energy to work towards your making your dreams into reality. If you are ready to grow your businesses make sure you get a membership here.This is one of the Best Co-working spaces in the USA.

Workbar

Workbar

As a working space, Workbar offers its members modern and cozy co-working spaces. This includes meeting rooms, event spaces, and a variety of social meetups and educational workshops. All of these are conducted in and around a varied location such as Boston, Massachusetts, and Colorado.

With reviews flowing in this place is a great place to work, socialize, and collaborate. Shared desks, day memberships, private offices, and dedicated desks are available for the members.This is one of the Top 10 Co-working spaces in the USA.

Impact Hub

Impact Hub

Impact Hub is a place that will ensure that you as an entrepreneur or a freelancer have the opportunity of working in a conducive environment. It has over 14 locations in the U.S. This co-working agency, Impact Hub is designed to ensure that the essential three elements of providing its members a vibrant community, inspiration, and a great place to work, meet, learn, and connect is ensured. Make sure you pick this place. This co-working space is regarded to be one of the world’s largest communities and accelerators for positive change. This is one of the Top 10 Co-working spaces in the USA.

The Yard

The Yard

The last on our list of co-working spaces is The Yard. The co-working space has eight locations just in New York City making it something that is hard to miss. However, this doesn’t mean that it doesn’t have locations elsewhere such as in three other big cities namely, Boston, Philadelphia, and Washington, D.C. Space offers its members open coworking, luxury office spaces, and dedicated desks with flexible memberships.

Members who seek a vast network, consisting of numerous co-workers, should definitely consider a co-working space chain. The style of co-working enables small teams and lone freelancers to operate together in a shared and single office environment. Co-working spaces have been on the rise dramatically over the past few years and have also become a very commonly practiced work routine within the bigger cities of the USA. This is among the Top 10 Co-working spaces in the USA.

Top 10 Co-working spaces in the USA with their Websites :

Sr No.Top 10 Co-working spaces in the USAWebsites
1WeWorkhttps://www.wework.com/l/united-states
2NextSpacehttps://pacificworkplaces.com/nextspace-coworking/
3Bond Collectivehttps://www.bondcollective.com/
4NGIN Workplacehttps://nginworkplace.com/
5Regushttps://www.regus.com/
6Proximity Spacehttps://montrose.proximitycoworking.com/
7CO+HOOTShttps://cohoots.com/
8Workbarhttps://www.workbar.com/
9Impact Hubhttps://impacthub.net/
10The Yardhttps://theyard.com/
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Faq’s about Top 10 Co-working spaces in the USA:

Which companies use coworking spaces?

Instagram
Spotify
Uber
Ofo
Indiegogo

What is an example of a communal working space company?

WeWork offers workspaces and services in 19 U.S. cities with a heavy focus on community and events (lunch and learns, happy hours, networking events).

Who is WeWork’s biggest competitor?

Spaces (IWG) acquired Spaces in 2014 to be a direct competitor with WeWork, now operating 180 locations in 50 countries.

How much does a WeWork space cost?

WeWork membership costs $45/month. If you want to rent a desk for a day it’s $50 plus the membership fee. $350/month gets you unlimited access to the shared workspaces but a dedicated desk will cost you anywhere from $275 to $600/month (depending on the office location, demand, etc.).

Why do midsize enterprises choose coworking?

The environment of a coworking space is created to inspire innovation and more. … With considerably more capital, medium-sized enterprises saved big on the flexible, ‘amenities-packed’ and substantially cheaper rentals of coworking spaces.

Why companies are creating their own coworking spaces?

According to researchers at the University of Michigan, the most common reasons people seek coworking spaces are interaction with people (84%), random discoveries and opportunities (82%), and knowledge sharing (77%). Corporate coworkers seek the same.

Why big corporations are moving into coworking spaces?

Most large corporations that let their employees use coworking spaces offer the choice of working in a coworking environment or in a normal office. This way, employees can have more flexibility and choose whichever location is more convenient for them.

What companies started in a WeWork?

Instagram. Kevin Systrom and Mike Krieger were 26 and 24, respectively, when they founded Instagram in 2010
Indiegogo. Instagram wasn’t the only massive business to emerge from a San Francisco-based coworking space
Uber
Spotify
Wanderfly
Hootsuite

What is the meaning of coworking space?

Coworking spaces are essentially shared workspaces. They offer affordable office space for those looking to escape the isolation of a home office or coffee shop. These shared workspaces offer a suite of office-like amenities such as hot-desks, private meeting rooms, kitchens, coffee and more.

How many spaces locations are there?

Offices, Coworking, Meeting Rooms in over 426 locations around the globe.

How do you create a coworking space?

1.Offer wifi and wired connections
2.Plan for storage in the design of your space
3. Don’t put all your eggs in one basket
4. Create a courtyard feel
5. Create a welcoming/spacious-feeling center
6. Get your workspace dimensions right
7. Know your furniture needs before shopping
8. Design for light in your coworking space
9. Create a neighborhood feel with different areas
10. Provide plenty of outlets

What are the benefits of coworking spaces?

Coworking spaces can increase productivity.
Coworking spaces can offer a better work-life balance.
Coworking offers flexibility & cost savings.
Coworking offers networking opportunities.
Coworking offers on-demand desks, private rooms & conference rooms.
A serviced office.
An hourly workspace.

How many coworking spaces are there in the US?

How many coworking spaces are there in the US? According to coworking stats for 2019, there were over 5,000 coworking spaces in the US alone and 19,000 around the world.

How big is the coworking industry?

The global coworking space market size is expected grow from $7.97 billion in 2020 to $8.14 billion in 2021 at a compound annual growth rate (CAGR) of 2.1%

Is industrious profitable?

Industrious, one of the largest U.S. coworking rivals of We Company’s WeWork, said on Thursday it raised $80 million from investors and expects to turn a profit next year. … “In a few months we’ll be a profitable business,” Jamie Hodari, co-founder and chief executive of Industrious, told Reuters

How many workspace offices are there in London?

From Waterloo to Wandsworth, Highbury to Hackney, work from Workspace in 60 London locations, in a space you’ve designed and in a building your team will love.

What is better than WeWork?

 Regus is one of the biggest coworking chains, with about 2.5 million members worldwide. Unlike WeWork, Regus allows users to rent office or coworking spaces by the day, as opposed to a flat monthly fee. Some notable clients include companies like Google, Toshiba and AT&T.

Does WeWork have competitive advantage?

While regional players can impact WeWork’s growth, its deep pockets, technological advantage, and ability to attract enterprises through efficiencies give WeWork a huge competitive advantage which is unlikely to be impacted in the short term

What is the difference between industrious and WeWork?

Unlike WeWork, which mostly signs long-term leases for office space and sublets it under flexible terms, Industrious primarily manages space under profit-sharing arrangements with landlords.

Is coffee free at WeWork?

Get free micro-roasted coffee, tea, and fruit water at every WeWork location.

Is WeWork making a profit?

The co-working company reported a $2.06 billion loss in the first quarter of 2021, which it largely attributed to restructuring costs as well as a nearly $500 million settlement with co-founder Adam Neumann. The losses nearly quadrupled from the same period last year, the Financial Times first reported.

Does WeWork own real estate?

WeWork is simply an office-leasing company. It makes money by renting office space. WeWork purchases real estate space—sometimes just a floor or two in an office building—and transforms it into smaller offices and common areas.

Who invested in WeWork?

On November 6, 2019, SoftBank Group reported a $9.2 billion in write-downs on its investments in WeWork. This amount is approximately 90% of the $10.3 billion SoftBank invested in WeWork over the past few years.

Who is the founder of WeWork?

The wife of WeWork’s founder Adam Neumann carved out her own little space as a New Age exec—and the company’s downfall isn’t slowing her. The Neumanns in 2009, the year before they founded WeWork.

How do coworking spaces make money?

Coworking spaces earn the majority of their revenue, unsurprisingly, by renting out desks (61%). One in ten spaces earn all of their money from desk rental. The average space earns ten percent of their revenue from renting out meeting rooms and event spaces (10% each).

Why is co working space in demand nowadays?

Coworking spaces not only provide real estate solutions and hassle-free management but also offer an ideal platform for members to leverage business opportunities. With so many diverse companies sitting next to each other, the interactions are seamless and collaborations aplenty.

Who work in coworking spaces?

41% of all coworking space members are still freelancers, 36% (same as the previous year) are employees, while the ratio of employers increased slightly to 16%. 7% of members engage in other activities, for instance because they’re still studying.

Why is coworking so popular?

This is again a reason that is making coworking spaces so popular. Many surveys have shown that people at coworking spaces tend to be more productivity at work and are generally happier than their counterparts at traditional offices. … Coworking creates a community of like-minded people.

How do shared office spaces work?

Shared workspace: Employees without a permanent desk get access to an individual space where they can work supported on an ongoing or as-needed basis. They get the freedom to use the workspace on their terms, while companies unburden themselves of costly commercial leases.

How many members does the average coworking space have?

In 2019, there was an average of 185 members per coworking space worldwide.

How many people use coworking spaces in the US?

In 2017, there were 542,000 people working in coworking spaces in the U.S., and this is forecasted to increase to about 1.08 million in 2022. In 2017, there were around 1.18 million people working in coworking spaces worldwide.

What type of business model is WeWork?

WeWork mainly uses a form of subscription business model that they call Space-as-a-Service. Like their peers, they also have other business models which at this stage generate a minor portion of their revenue (“other revenues”). WeWork does not use the platform business model. That is a very important call out.

How do coworking spaces make money?

Coworking spaces earn the majority of their revenue, unsurprisingly, by renting out desks (61%). One in ten spaces earn all of their money from desk rental. The average space earns ten percent of their revenue from renting out meeting rooms and event spaces (10% each).

How much do you need to start a coworking space?

For a modest coworking space, these expenses can be kept under $20,000 (and sometimes under $10,00). Alex Hillman started a coworking space with 1,800 square feet and about 20 members for $6,000. He opened a second location that was nearly triple the size and had more extensive networking equipment for $18,000.

What is the future of co working?

It may become the future of coworking space. The goal is to create a long-term and sustainable solution even after the COVID’19 ends. Employers should move towards a hybrid work model, so when people get back to their normal routine and work, the office should be a safe place for them.

Why is co working space in demand nowadays?

Coworking spaces not only provide real estate solutions and hassle-free management but also offer an ideal platform for members to leverage business opportunities. With so many diverse companies sitting next to each other, the interactions are seamless and collaborations aplenty

Who are Weworks competitors?

Regus.
Workbar.
Hera Hub.
Impact Hub.
TechNexus.
1871.
Wolfhouse.
Galvanize


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