Discussions » 🏘️ Are neighborhood spaces outperforming downtown models? (🔗 Visit source)
Brad Hargreaves, founder of Thesis Driven, explored how three booming coworking concepts (Switchyards in the Southeast US; Work Heights in Brooklyn; and Patch in the UK) are proving that growth is coming from neighborhood-focused models that prioritize proximity over prestige.
These neighborhood models leverage cheaper Class B real estate, management deals with landlords, and eliminates large security deposits while targeting local community integration over business travelers.
The strategy reflects permanent remote work adoption and demand for community without long commutes, positioning multiple small neighborhood locations as more viable than single large downtown hubs.