Last year, Upwork put out a study focused on the rising gig economy, stating that nearly half of all Generation Z college grads are opting to freelance and light out on their own. From creative jobs like writing and graphic design to business and nursing consultancy, freelance work is only becoming more and more common. For those freelance workers who would prefer not to be working on their couch or in a noisy coffee shop, coworking spaces offer an opportunity to get out of their restrictive surroundings and to a place that feels similar to going to a regular office without having to actually go to a regular office.
Coworking spaces in the Phoenix area are booming and becoming more and more pocket-friendly for freelancers who need a space to work. Now, New York City-based coworking leader WeWork is heading back to Phoenix to open up four floors of coworking space in the downtown area.
This is the third location WeWork has announced in the Phoenix area and will accommodate more than 1,100 workers looking for their own office environment.
“Phoenix has been a focus of ours for a while now, and we are thrilled to be expanding into the incredible community of downtown Phoenix with our third location in the area,” Jonathan Chasse, community director for WeWork, said in a statement. “This location was an easy decision for us. There is an undeniable energy that you can feel almost immediately, not to mention the significant growth happening within the creative and tech industries here.”
The new location will open up in the fall of this year. Currently, WeWork has spaces in development at the Watermark Tempe building near Tempe Town Lake, and four floors set aside at the Camelback Esplanade in the Biltmore area. Those two locations will welcome 1,000 and 900 working spaces, respectively.
Coworking locations are attractive to the Phoenix-area’s growing entrepreneurial economy as they represent an opportunity for people to come together in a collaborative atmosphere and make connections. Another local coworking space, Monorchid, located on Roosevelt Row in Downtown Phoenix, is a combined location that sits above a coffee shop, an art gallery, a restaurant, and a yoga studio in a thriving and increasingly busy section of Phoenix.
The Department, another Downtown Phoenix coworking space, just announced an expansion of its location to include more opportunities for new members to come and work. This summer, the location will open up another floor at 1st St. and Washington in downtown.
Novel Coworking, based out of Chicago, recently purchased a building in midtown Phoenix and had its grand opening this month.