IWG to Open 11 New Flexible Workspace Centers in Colorado

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As workspace providers continue to make headlines, IWG, the world’s largest provider of flexible workspaces, is opening 11 flexible workspaces across Colorado.

The new centers will operate under IWG’s Regus (10) and HQ (1) brands to provide private offices, meeting rooms and creative co-working spaces to hybrid workers living in The Centennial State, driven by the rapidly accelerating demand for hybrid working.

These new flexible workspaces will serve every type of hybrid worker with clients including established firms and start-ups across Colorado’s top industries, including defense, bioscience, aerospace, advanced manufacturing, financial services and information technology. Further, IWG’s Design Your Own Office service will allow companies to tailor their space entirely, enabling them to adapt the space to their unique requirements and needs. 

The 11 new centers are located in the following suburban areas across Colorado: 

Center NameIWG BrandOpening Date
6275 Joyce Dr., ArvadaRegusQ1 2024
214 S 3rd St., SterlingHQQ1 2024
789 Sherman St., DenverRegusQ2 2024
350 Indiana St., GoldenRegusQ2 2024
1212 Riverside Ave., Ft. Collins RegusQ2 2024
1200 11th Ave., GreeleyRegusQ2 2024
32045 Castle Court, Evergreen RegusQ2 2024
285 Century Plaza, LouisvilleRegusQ2 2024
14001 E Iliff Ave., AuroraRegusQ1 2024
4251 Kipling St., Wheat RidgeRegusQ2 2024            
734 Main St., Grand JunctionRegusQ1 2024

The expansion in Colorado comes on the heels of IWG’s highest-ever quarterly revenue report as well as its continued rapid network growth with over 600 locations added to its global network as of the end of Q3 2023, driven by unprecedented demand for hybrid working solutions from both workers and companies of all sizes alike.

IWG’s growth has been driven by two distinct yet complementary trends that companies are embracing. First, many companies are reappraising their property portfolios and downsizing in city centers, replacing long, restrictive, and expensive leases with flexible workspaces that support hybrid working, like IWG. Second, employers are increasingly investing in satellite offices in suburbs or exurbs closer to where their employees live and want to be. This is part of the growing ‘hub-and-spoke’ office model, in which employees divide their time between local offices, home and city headquarters. 

According to IWG’s research, only one in five workers are willing to commute more than 30 minutes a day, while 60% want a place to work within 15 minutes of their homes. The majority of IWG’s new locations including in Colorado are in the heart of local communities to facilitate better work-life balance and accommodate the rising demand for shorter commutes. 

The latest study by the world leader in hybrid working has also shown that the adoption of the hub-and-spoke model has the potential to support local economies. The study uncovers that for example, Castle Rock, a traditional commuter town in Colorado, has the potential to see up to 27% more local spend from hybrid workers by 2044.

Mark Dixon, CEO & founder of IWG, commented, “With important business hubs across the state, Colorado is a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal.”

“Our expansion in Colorado comes at a time when more companies are discovering that hybrid working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”

“With 40% of U.S. workers already working in the hybrid model, and more set to follow, we are actively witnessing the transformative impact that flexible work is having on how and where people work and live. Hybrid work is radically reshaping our cities, our suburbs and beyond. With a profound and lasting impact on the make-up of communities and the geography of towns, cities and the nation, the hybrid work model is one of the most important forces at play in the world today as workers increasingly embrace the opportunity to work from a local workspace.”

IWG’s multi-brand expansion strategy is designed to appeal to every type of business and entrepreneur. The building owners decided to invest in the IWG platform to maximize the return on their real estate space by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around $60M into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.

IWG creates personal, financial and strategic value for businesses of every size, from some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility and market proximity.

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