The Boston Globe's business desk covers the post-pandemic shift to suburban flexible office space, featuring LocalWorks as one of the operators driving the trend across Greater Boston.
The Boston Globe published a feature this weekend on the growing demand for coworking space in Boston's suburbs – and LocalWorks is front and center.
Reporter Catherine Carlock's piece documents how the COVID-19 pandemic has permanently shifted where workers want to be. Pre-pandemic, coworking in Greater Boston was concentrated almost entirely in Boston and Cambridge, dominated by urban operators catering to downtown commuters. That geography is changing fast. Workers who relocated to the suburbs or discovered they no longer want a long commute are driving demand for flexible office space closer to home – and operators like LocalWorks, which built its entire model around the suburbs, are seeing the results directly.
The Numbers Behind the Story
The Globe piece gives readers a rare look inside LocalWorks' growth numbers. Revenue has quadrupled since last fall, when the company opened several new locations and stepped up its marketing across Greater Boston. Locations that have been open approximately six months are running at 85% occupancy.