The Future of Co-Working in MichiganBy Sam Melton on November 25th, 2013 /
The growth of co-working spaces in Michigan’s business community has been met with a lot of positivity. Offering business incubators and shared workspaces, co-working sites around Michigan set the pace for new alternatives in collaboration – and can offset pricey rental agreements.
What’s happening in Michigan is happening all over the world. The global phenomenon coined “co-working” got its start in San Francisco in the 1990s during the tech start-up explosion – and it has had lasting effects worldwide.
But back home in Michigan, entrepreneurs can find what they are looking for in co-working facilities. Spaces are designed to incorporate all the standard commercial business office features, along with flexible lease agreements and collaborative environments.
Conducting business on-demand has made co-working spaces a sure win. Unlike the detriments caused in cafe environments, co-working spaces can be controlled for noise and spatial interruption. The importance of having a safe (and secure) space to work and conduct business is essential to one important thing: productivity.
How to stay on the right innovative track
Co-working is just that – working in a shared environment. So, it’s natural that some would assume that in a shared space, productivity could suffer.
Michigan professionals agree, productivity rather than retraction is almost overwhelmingly the experience. The fact that many co-workers work on multiple initiatives in a single workspace on a flexible basis is evidence that consultants also have an advantage once they climb on board.
The diversity present in Michigan’s co-working spaces reflects the wider business environment in the state.
Co-workers come from all professional segments of the workforce. Although some co-working spaces are set up to house only tech or scientific activities, there are a large number of sites open to membership by artists, graphic designers, entrepreneurs, writers and a host of other remote workers from both the private, public and outsourcing sectors.
The future of Michigan’s co-working has so much potential, some suggest, that the state is now on the fast track to accelerated investment. Major corporations add value to these growing partnerships. The opportunities for brands to attain visibility as sponsors and stewards on these projects is virtually limitless. Michigan co-working spaces can seek examples like the HarlemGarage, which has struck a partnership with Verizon FiOS, which will provide the space with fiber optic Internet.
Where does Michigan fit in globally?
How Michigan fits into the future of international co-working networks can be found in comparison of the state’s forecasted growth in the commercial leasing segment, with results to The Global Coworking Census: 2013: 2498 coworking spaces in 80 countries survey conducted by Deskwanted.com.
The survey supports the Michigan strategy for public-private partnership in co-working and business incubation. With North America ranking second in the survey, co-working is certainly a growth segment, showing an increase of 89% since 2012, outperforming 2010 reporting of new co-working space membership by 300%.
Have you worked at a co-working space? Where are ones near you?
Photo via Bamboo Detroit.