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<a href="https://www.iwgplc.com/en-gb/develop-a-location?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-launches-new-office-retail-concept-in-austin-texas-in-collaboration-with-simon-2720535" target="_blank" rel="nofollow">IWG, plc</a> and&nbsp;<a href="https://www.simon.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-launches-new-office-retail-concept-in-austin-texas-in-collaboration-with-simon-2720535" target="_blank" rel="nofollow">Simon</a>&nbsp;have joined forces to create a new co-working space,&nbsp; Spaces The Domain, in Austin that will open in 2023. These flexible workspaces in dynamic destinations like The Domain provide customers with hybrid work solutions in conveniently located, highly coveted areas.&nbsp;Spaces The Domain, plans to deliver bespoke co-working office solutions to suit the building and location. The new workspace will feature the highest quality design and fit-out, first class services including customizable workstations with ergonomic furniture, private areas, adjustable-height desks, meeting rooms and 24-hour access.The Domain complex includes 20 full-service and fast-casual dining options, 100+ retail stores and around 5,000 residential units in the area. Unique highlights of the mixed-use center include Cap City Comedy Club, Punch Bowl Social, Museum of Ice Cream and hotels such as Aloft Austin at The Domain, The Westin Austin at The Domain and Lone Star Court. Large companies such as Facebook, Indeed and VRBO have office space in the surrounding area, as the market continues to be on the rise.&nbsp;“For several decades, we have been at the forefront of hybrid work, empowering people to work more productively and conveniently. More and more workers want to live in a 15-minute city – where everything they need, including where they work, is within 15 minutes of their home. Locations like Spaces The Domain meet that demand. As the popularity of hybrid working continues to accelerate, we will continue to rapidly expand across the U.S., including at a large number of retail sites,” said Mark Dixon, CEO of IWG. “The Domain area has played a key role in driving economic growth in the northern part of Austin, and we look forward to providing professionals with a premier Spaces location in the area, working closely with our partners at Simon. &nbsp;Both IWG data and consumer research show that businesses around the world are realizing the benefits of flexible working and forgoing the traditional office footprint for flexible office space. Research by Global Workplace Analytics found that businesses can save over $11,000 per year, per employee by implementing a hybrid work model, with savings generated by increased productivity, lower real estate costs and decreased employee turnover. In addition, recent IWG data highlights that hybrid working has improved work/life balance for more than half of American hybrid workers, regardless of generation.&nbsp;“Simon is pleased to collaborate with IWG on this project to bring Spaces The Domain to life and enhance our premiere mixed-use lifestyle destination,” said Patrick Peterman, Senior Vice President of Development &amp; Asset Intensification. “The Domain has always been a leader in innovation and bringing a co-working space to the property is another testament to our commitment to the live, work, play and stay environment we have curated for the north Austin community.”IWG plans to add more than 500 locations across the U.S. over the next year or so with 90% of these being in collaboration with partners. Many centers will be in retail locations to capitalize on their amenities and growing popularity of the 15-minute city concept.To learn more about Spaces The Domain, please see&nbsp;<a href="https://www.iwgplc.com/en-gb?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-launches-new-office-retail-concept-in-austin-texas-in-collaboration-with-simon-2720535" target="_blank" rel="nofollow">here</a>.&nbsp; About IWG PLC&nbsp;IWG is leading the workspace revolution. Our companies help millions of people and their businesses to work more productively. We do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services.&nbsp;&nbsp;Digitalization and new technologies are transforming the world of work. People want the personal productivity benefits of living and working how and where they want. Businesses want the financial and strategic benefits. Our customers are start-ups, small and medium-sized enterprises, and large multinationals. With unique business goals, people and aspirations. They want workspaces and communities to match their needs. They want choice.&nbsp;&nbsp;Through our companies we provide that choice, and serve the whole world of work: Regus, Spaces, No18, Basepoint, Open Office and Signature. 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 flexible working to increase their productivity, efficiency, agility, and market proximity. Join us at<a href="http://www.iwgplc.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-launches-new-office-retail-concept-in-austin-texas-in-collaboration-with-simon-2720535" target="_blank" rel="nofollow">&nbsp;https://www.iwgplc.com/en-gb/develop-a-location.</a>&nbsp;About Simon<a href="https://www.simon.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-launches-new-office-retail-concept-in-austin-texas-in-collaboration-with-simon-2720535" target="_blank" rel="nofollow">Simon®</a> is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&amp;P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

IWG Launches New Office Retail Concept in Austin, Texas in Collaboration with Simon

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Spaces The Domain set to open with several new global and U.S. locations to follow


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IWG Launches New Office Retail Concept in Austin, Texas in Collaboration with Simon

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