Flex space and hybrid work schedules support professional growth
Flex space offers a greenhouse that helps employees thrive and ideas grow.
Employees accustomed to remote work aren’t excited about returning to drab cubicles and hour-long commutes. That’s why companies seeking to attract and retain top talent are offering a hybrid work model supported by access to strategically located flex spaces. These modern office facilities provide full-service amenities, campus-style workplace experiences, and customizable leases. Flex space not only makes a transition to a hybrid work environment easier to execute but can also:
Serve as an attractive recruitment tool
Incentivize existing employees to get back to the office with amenities and other workplace perks
Expose your business to new customers and influencers
Help your entire operation run smoothly and cost-efficiently
Create more efficient space planning across locations
Provide in-person collaborative space for team building and project coordination
The truth is that the pre-pandemic “normal” of offices operating near capacity is never returning—and that’s a good thing. Hines has partnered with Alidade, a data-driven workplace strategy consultant, to refine how tenants can incorporate flex space into their workplace strategy and thus significantly reduce their real-estate costs. In a recent simulation conducted for a financial services firm, Hines was able to devise a strategy for a multi-floor lease that would reduce the company’s real estate footprint by 18%, resulting in a 16% decrease in occupancy costs (meaning more than $10 million over 10 years).
But flex office space and a hybrid work model are about more than cutting costs. Flex space offers a greenhouse that helps employees thrive and ideas grow. Companies built on creativity and ingenuity don’t need dead offices filled with flickering fluorescent lights. They need vibrant workspaces where ideas are freely shared in the spirit of mutual growth. It’s not just coworking— it’s co-thinking. And flex space can help bring the biggest and best ideas produced by these rich connections to life.