As a project moves from a Go / No Go decision (based on the Feasibility Assessment and Pro Forma), the next step is to design the space and tie the business model to a specific space allocation direction. A financial model is not complete until it is grounded in a concrete set of design commitments.
We have extensive experience working with architects around the world on aligning the desired business model with the design of spaces. This entails getting the right mix between private offices and open spaces for hot desking and dedicated desks. Increasingly, as companies avail themselves of coworking spaces, this means designing larger offices for corporate teams, which then requires the project to consider its positioning in the market. Is the goal to be a place for freelancers and startups, or for corporate teams? How then is the business branded and presented to the market.
We work with leading architecture firms to deliver the highest quality coworking spaces that reflect the latest usage trends. In the context of the Covid-19 crisis, this necessitates a rethink about how much of a space needs to be built around permanent desks vs. team rooms with multiple users over the course of a week. How will new coworking spaces reflect the changing needs of companies as they embrace a hybrid working model in the future?