Coworking office spaces are no longer just occupied by entrepreneurs, small businesses, and start-ups. Recently, there has been a massive increase in large corporations moving into coworking spaces. Although there are many reasons why big corporations are moving into coworking spaces, two primary factors include cost-effectiveness and the desire to join an inspirational work environment.

Why Are Larger Corporations Now Opting for Coworking Spaces?

People in all professions want flexibility and versatility at their workplace. Coworking office spaces offer everything that small businesses and big companies alike would appreciate, including the following:

• Promotion of collaboration and creativity
• Increased productivity
• Access to innovators
• Cost-effectiveness
• Flexibility for employees
• Support for health and wellness

And large companies are wising up to the advantages of these offerings and leaving behind the traditional office environment in favor of more contemporary solutions. 

1. Coworking Spaces Promote Collaboration and Creativity   

Coworking office spaces promote collaboration and creativity by encouraging a sense of community and uniting different professions into a single area where individuals can inspire one another. It’s not uncommon for companies and employees across different industries to collaborate and brainstorm new ideas in a coworking environment.



Coworking office spaces also usually have a packed event calendar filled with various networking events, including meet-ups and pitch competitions, to get people talking and get their creative juices flowing.

2. Coworking Spaces Increase Productivity

Not only will the shared workspaces help ignite creative innovation, but they also cover your basic office needs like printers with ink cartridges and high-speed internet.

So, rather than spending time and money shopping for desks, chairs, printers, and other office essentials, companies can start working as soon as the coworking office space is available to them. And all they have to do to access the ready-to-use space and office equipment is pay a monthly fee.

These spaces also allow employees to enter and exit the premises at their discretion, which means if someone is lacking motivation, they’re empowered to take a walk around the block or in the space’s dedicated outdoor area.

3. Coworking Spaces Unlock Access to Innovators (& Investors!)

When large corporations work next to talented entrepreneurs and freelancers, they unlock access to a fresh pair of eyes that can be instrumental in providing feedback or offering innovative ideas for upcoming projects.

This new perspective isn't the only thing large corporations have to gain from a coworking environment though. These flexible workspaces offer an excellent way to create opportunities for entrepreneurs while leveraging cash on big businesses’ balance sheets.

Large corporations whose venture arms are present in the same coworking space get the added benefit of increased access to deal flow, allowing big companies to attain business proposals and investment pitches from a new pool of startups and entrepreneurs.

4. Coworking Spaces Are More Cost-Effective Than Traditional Office Environments

Another reason big corporations are moving into coworking spaces is that they alleviate the financial burden of investing in real estate for permanent office space or entering a lease in a traditional office environment.

According to Office Evolution, companies save money to the tune of 40% on their office space when they rent a private office in a coworking space compared to a traditional office lease.

5. Coworking Spaces Offer More Flexibility for Employees

Some big companies are moving into coworking spaces, but they’re not necessarily getting rid of their regular office space, either. Securing flexible office space in a coworking environment offers employees the ability to choose their location from day to day. 

For example, if an employee needs to run an errand or be in close proximity to an appointment location, they can choose the office space that’s most convenient for them. Coworking spaces also allow employees to change their surroundings if they’re ever feeling stressed, burnt out, or uninspired in the traditional office environment.

6. Coworking Spaces Support Health & Wellness

Coworking office spaces understand the need for work-life balance and that work shouldn’t be at the forefront of your mind 24/7, which is why many provide support for employee health and opportunities to recharge.

These collaborative workspace environments encourage employees to take a break from the demands of the job to work out in the gym, grab a snack from the fully functional kitchen, or use the movie room to watch a new film with their coworkers.

Make a Move with The Cannon

For big corporations, coworking solutions could be the future, which means it might be time to leave behind your traditional, long-term office lease and move your entire team into a workspace that prioritizes community, collaboration, and versatility.

In addition to providing access to innovators, increased productivity, cost-effectiveness, and flexibility, coworking spaces often host networking events that could help put your business in front of the right set of eyes at just the right moment.

Still find yourself asking, “Why are big corporations moving into coworking spaces?” Visit one of our six coworking spaces across Greater Houston and Galveston and see for yourself!