Commuter cities are seeing a boom in demand for office space as more and more companies work flexibly after the pandemic
Commuter cities are experiencing a boom in demand for office space as more and more companies work flexibly after the pandemic.
Areas like Welwyn Garden City, Bromsgrove, and St. Albans – traditional places where busy office workers could spend their evenings and weekends before returning to town – could become business hotspots, according to IWG, a joint office provider.
On the map: Areas like Welwyn Garden City, Bromsgrove and St. Albans could become business hotspots
In all three cities, demand for office space increased by more than 50 percent in the first three months of this year over the same period in 2020.
It is because large city firms like Standard Chartered have announced plans to allow employees to work from shared offices near their homes.
Mark Dixon, Managing Director of IWG, said, “Companies are rapidly moving towards a hub-and-spoke model, with centralized headquarters, but also empowering employees to access smaller co-working spaces closer to home lie.”