How to Make the Perfect Coworking Space for Multifamily
- Sep 02, 2020
Does your multifamily property have a coworking space? Many don’t, but that could change sooner than you think.
Let’s talk about why that is.
Pre-coronavirus, Americans were increasingly freelancing from home, a trend that is likely to continue. In 2017, a study by Upwork and Freelancers Union found that over one-third of all Americans freelance, including half of all millennials. And according to the 2020 NMHC/ Kingsley Apartment Resident Preferences Report, Millennials make up 40 percent of all renters. So, chances are your multifamily property has a quite a few folks who would be eager to take advantage of a coworking space.
Demand for this amenity may only increase in the future. The same Upwork study predicts that by 2027, over half of all Americans will be freelancing. That’s a lot of coworking potential and a convincing argument for setting up a convenient workspace at your multifamily property.