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IWG Strengthens Global Network to Meet Growing Demand for Hybrid Work Solutions

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World’s largest flexible workspace provider to open new centers in locations including New York City, Philadelphia, Chicago, Jakarta and London

US experiences record demand with a 43% increase compared to June 2019

Demand is up globally by 15% in June*

IWG, the world’s largest provider of flexible workspace, is strengthening its global network with centers opening in New York City, Philadelphia, Chicago and London’s Kensington area, along with new openings in three new locations in Jakarta. The latest center openings support the growing demand for hybrid work in the wake of Covid-19. The group has announced promising growth with demand up 43% in the US in June compared with 2019, and one million new users joining the group this year with another million committed.

U.S.

Spaces Park Avenue South, New York City

Located in Manhattan’s Midtown South, Spaces Park Avenue South features a choice of light-filled areas on the 8th, 9th and 10th floors including an abundance of stylish meeting rooms and coworking spaces. The center is easily accessible to Grand Central Terminal and the 6 train and a plethora of upscale hotels, dining and nightlife spots are moments away. The center boasts 63,000 square feet of flexible workspace and has 24/7 access.

Regus 14 Penn Plaza 

Ideally located across from Penn Station in the heart of vibrant, burgeoning Midtown West, Regus 14 Penn Plaza is set within a beautiful Art Deco building. Facilities include 100 furnished offices and three meeting rooms.

The neighborhood surrounding Penn Plaza includes an abundance of shopping, dining and entertainment options including Madison Square Garden and Bryant Park. Public transportation connections are excellent with frequent buses to Penn Station and instant access to subway lines 1, 2, 3, A, C and E.

Spaces The Adlake Building, Chicago

Once home to the Adams & Westlake railroad lantern factory, Spaces The Adlake Building is a smart business hub located at 320 W. Ohio. It’s perfectly positioned for all major road, bus, train and ferry links – making commuting simple. Set within an iconic timber-loft building, converted in the 1950s, this Spaces features a stripped back industrial lobby, high exposed ceilings and brushed steel elevators. The center offers best-in-class amenities and 21,000 square feet of space including private offices, co-working and meeting rooms.

Spaces Market Street, Philadelphia 

Offering panoramic views of Philadelphia, this location is close to the new Comcast Innovation & Technology Center and is also within walking distance to the Amtrak Station and SEPTA. The building is LEED Silver certified, features lush urban landscaping and offers 25,000 square feet of coworking, private office and meeting room space.

Surrounded by cultural institutions such as the Barnes Foundation, the Rodin Museum and the African American Museum in Philadelphia, this Regus center is within minutes of the Schuykill River and just across it, the University of Pennsylvania. The center is in the heart of Philly’s thriving and close-knit start-up community and features dedicated office space, co-working and meeting rooms.

UK

Spaces Avon House Kensington Village

In London, Spaces Avon House Kensington Village is the first to open in the affluent borough of Kensington. Built in the 1880s, Kensington Village was a former warehouse unit for west London department store Whiteley’s and today features a leafy green, café, gym and ample parking space, within easy reach of West Kensington Underground station and Olympia overground and Kensington High Street’s high-end boutiques and restaurants. Spaces Avon House offers 24/7 access, co-working, private offices, meeting rooms and showers.

Indonesia

Signature South Quarter

In Jakarta, Signature South Quarter opened on July 1 in the Simatupang quarter of the city, just a 30-minute drive from Soekarno–Hatta International Airport and where many of the country’s prominent oil firms are based. Boasting over 23,000 square feet of flexible workspace including co-working spaces, dedicated offices, meeting rooms and 24/7 access, this Signature is co-located with the city’s finest luxury residences as well as some of the world’s biggest companies in finance, fashion and technology.

Regus Jakarta JB Tower

The latest Regus to open in Jakarta is set within the city’s new 36-storey JB Tower, just a short walk from the capital’s National Monument and the National Museum of Indonesia. The center offers 24/7 access and features dedicated offices, coworking and meeting rooms. Located in an area popular with telecommunication, finance and technology companies, the center is set to open October 15 and is set across 13,500 square feet.

Signature Menara Astra

In November, IWG will welcome a second flagship Signature location in Jakarta with the opening of Signature Menara Astra. The stunning center, located on one of the city’s busiest and most historic thoroughfares, will feature co-working spaces, dedicated offices, meeting rooms and 24/7 access.

Set in a 55-storey modern high-rise building, Signature Menara Astra is in an area popular with professionals in finance, technology, and corporate affairs. It offers easy access to the Transjakarta line, Sudirman Station and the city metro.

The centers in New York City’s Park Aenue South, Jakarta, London Kensington were previously operated by WeWork; Chicago by Industrious; Philadelphia by MakeOffice and New York City’s Penn Plaza by Virgo.

Mark Dixon, Founder & CEO of IWG commented: “June was a record month for global demand and our network is scaling as organizations of all sizes progressively move to a hybrid way of working: at home, a local office and occasionally a corporate HQ.”

As businesses navigate the effects of the pandemic, companies large and small have re-evaluated their real estate strategy, choosing to partner with flexible workspaces that offer agility and ease in light of global economic volatility. IWG is primely positioned to provide employees, business leaders and landlords with a full suite of flex space offerings and is focused on ongoing expansion at a time when competitors are retrenching.

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