GrowthSpotter - October 25, 2018
Two more co-working spaces are set to open in Pittsburgh — one in a 100-year-old renovated building in the central business district; the other in a mixed-used development complex in the Strip District.
Beauty Shoppe, which is Pittsburgh-based and operates several other shared work spaces in the city, said tenants this week will begin to move into the second floor of the restored Pitt Building on Smithfield Street, Downtown.
Serendipity Labs, a national co-working company, said it will open its first Pittsburgh location in December at 2545 Railroad St., part of the 3 Crossings complex in the Strip.
Co-working facilities provide shared space for individuals and firms employed by different organizations. Some may be independent contractors. Tenants share amenities such as printing, copying, mail service, and on-site cafes. Some spaces offer business programming or networking events.
o-working growth has been boosted by the rise of the gig economy in which many workers are freelancers and don’t require space in traditional offices.
A study by JLL, a Chicago-based real estate firm, projected flexible and shared amenity space will account for about 30 percent of the office market by 2030.
Source, Joyce Gannon, Pittsburgh Post-Gazette.