Truth be told, the post-pandemic world has us all scratching our heads, wondering what the economy has in store for us. Many who were considering an office space for rent are now wondering if they should take on that type of expense. One alternative worth considering: coworking space!
We are the Fort Worth Design District, located in the Alliance Area of North Fort Worth, and we know a thing or two about functional office space for rent and coworking space. Call us at 817-439-3224 if you are interested in viewing some of our commercial and industrial space for lease.
Now, though, let’s talk about coworking space.
What is coworking space
Generally speaking, the definition of coworking is when people assemble in a neutral space to work independently on different projects, or in groups on the same projects. It’s different than a typical office workspace because the people in a coworking environment generally aren’t working for the same company. Coworking spaces offer the same amenities you would find in a traditional office, along with a lot more. A major differentiator is flexibility since you don’t need to sign a long-term lease in a coworking space. Every coworking space will always have basics like WiFi, printers, usually, some type of conference room… and some will have tea, coffee, and snacks available. It is office space for lease with good company as a bonus.
Compare the cost of renting a traditional office for rent with a coworking space. A traditional office for rent will cost you upwards of $1,000 per month plus utilities plus WiFi plus insurance and signage and furniture. Coworking space like that which we have at Paddock Place Office Suites will cost you $450 per month and no other costs attached, amenities included. It should be readily apparent why many small business owners find coworking space so attractive.
No long-term commitment with coworking space
With coworking space, you rent by the month. You can rent for one month, for three, for six, whatever length of time you deem necessary. You can rent for alternating months. You can rent for one, take six off, and rent for one more. It is completely up to you and every lease is a one-month lease, renewable if you so choose.
Perfect for small business owners and home-based business owners
In an uncertain world, during uncertain times, coworking space is rapidly becoming a very attractive alternative for those in need of a professional office space without the crippling costs of traditional office space. Across the country, small business owners and home-based business owners are seeing coworking space as a viable, wise alternative. The same is true for traveling executives who need a professional space to work from while in a city for a short period of time. In a convenience world, coworking space is truly the most convenient, short-term solution to office needs.
A word about the Fort Worth Design District
The Fort Worth Design District is a forty-acre enclave consisting of three separate business parks, namely Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us for all of your commercial and industrial space for rent needs.