IWG Announces 3 New Flexible Workspace Locations Near Salt Lake City, as Demand for Hybrid Working Rises

IWG opens 3 new flexible workspace locations near Salt Lake City.

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IWG Announces 3 New Flexible Workspace Locations Near Salt Lake City, as Demand for Hybrid Working Rises

TL;DR

IWG, the world's largest provider of hybrid working solutions, is opening three new flexible workspace locations near Salt Lake City, Utah, in partnership with Tommy Brandt. The company plans to add around 1,000 new locations over the next year to meet the rising demand for hybrid working solutions.

IWG , the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening three state-of-the-art flexible workspaces in Ogden, Clearfield and Sandy, Utah, as the demand for hybrid working rapidly accelerates. These openings are delivered in partnership with Tommy Brandt, who chose the IWG flexible workspace platform and has entered into a management agreement with the HQ brand in Sandy and the Regus brand in Ogden and Clearfield.

According to a recent 2023 IWG survey, 67% of respondents would be willing to give up some amount of salary to keep their hybrid work arrangement, and on average, employees are willing to give up $13,000 to work in a hybrid setting. In response to the unprecedented demand from companies of all sizes and workers looking for hybrid working solutions, IWG will add around 1,000 new locations over the next year. Hybrid working offers companies a significantly lower cost base with an average saving of $11,000 per employee.

The greater Salt Lake City area is one of Utah’s fastest growing regional locations. Demand for workspaces in the area has performed strongly, with the number of enquiries for space in IWG locations continuing to sharply increase. In recent years, Salt Lake City has seen continued growth in its banking, software and healthcare sectors.

The building owners decided to invest in the IWG platform to maximize the return on their real estate space by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around $60M into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.

The new locations will include facilities including private offices, meeting rooms, co-working and creative spaces and are located at:

  • (HQ) 9950 S 300 W, Sandy, UT

  • (Regus) 3293 Harrison Blvd., Ogden, UT

  • (Regus) 1725 Legends Hill Drive, Clearfield, UT

IWG’s expansion in Utah is part of a drive by IWG to meet the sharply rising demand for top-class flexible working space in the area. The locations will provide space for established firms and start-ups across a range of industries including healthcare, business services, logistics and e-commerce, while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements.

IWG is the world’s leading provider of flexible workspace – with 3,500 locations in more than 120 countries with members able to access all of the locations and business services via the IWG app.

As the ongoing shift towards hybrid working accelerates, conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead. In 2022, IWG welcomed hundreds of new partner locations and is on track to add around 1,000 over the course of the next year. IWG already counts 83 per cent of Fortune 500 companies among its customer base.

Mark Dixon, CEO & Founder of IWG, commented : “We are establishing a stronger and much-needed footprint in the Salt Lake City area with these latest openings. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work with our partner to develop the HQ and Regus brands under a management agreement that will add a cutting-edge workspace to their building.

“Our openings in Utah come at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”

IWG’s multi-brand expansion strategy is designed to appeal to every type of business and entrepreneur. IWG creates personal, financial, and strategic value for businesses of every size, from some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility, and market proximity.

IWG is the global leader in hybrid work solutions and workspace brands. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of IWG’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.

IWG’s unrivaled network coverage includes approximately 3,500 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.

Through our brands, including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively. We do so by providing the world’s leading hybrid work platform with professional, inspiring and collaborative workspaces and digital services all available via the IWG app. For more information ?

In this story

This story was originally published in 1851 Franchise on August 3, 2023. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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