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Flexibility is the greatest asset of small businesses

Posted on: 25th May 2017

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Less than half of SMEs survive for more than five years. We look at how you can ready your business for the unknown

Less than half of SMEs survive for more than five years. We look at how you can ready your business for the unknown

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Less than half of SMEs survive for more than five years. We look at how you can ready your business for the unknown

Uncertainty represents a huge challenge for fast-growing companies. But in the face of changing and unpredictable risks, new business practices are taking root.

Historically, young firms sought out security in permanent offices and long-term leases. However, a growing body of data suggests that it pays to stay agile.

A rise in shared and co-working spaces, coupled with growing demand for flexible working opportunities, presents a huge opportunity for fast-growing companies.

By moving into offices where they can take the space they need, on demand, wherever they need, fast-growing companies are forging a new path.

In ‘Preparing your growing business for an unpredictable future’ we examine data from thousands of companies around the world to see how fast-growing firms are using workspace to help them get ready for growth.

Skim the key takeaways in our infographic below.

For more information about finding the perfect space for your business, download our app or head to our website.

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  • Productivity

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27th August 2024

A Guide to Coworking in Ottawa

A Guide to Coworking in Ottawa As Canada’s capital city, it’s no surprise that coworking in Ottawa is on the rise. The Canadian flexible workspace market is worth an estimated USD 3.24 billion, and market projections suggest it will reach USD 4.75 billion by 2029. Like the rest of the country, shared offices in Ottawa are becoming more prevalent. The trend is popular with freelancers and small businesses looking to keep overheads to a minimum. However, coworking is also a desirable solution for larger companies. Ottawa-based e-commerce companies have led this charge by encouraging its workforce to go fully remote in recent years. The Government of Canada is also supporting this model. The GCcoworking project provides coworking sites for participating organizations, including many in Ottawa. By the end of 2023, around 12,000 federal public servants from 50 departments and agencies had registered for coworking and shared office schemes. When it comes to finding a coworking space, Ottawa has plenty of options. However, there are a few factors to consider when choosing a coworking office. From costs, transport, and amenities to networking opportunities, there’s plenty to think about. To help you on the way to finding the right shared office space in Ottawa for your business, let’s explore the city in more detail. Geography of Ottawa Based in the province of Ontario, Ottawa is Canada’s capital city and was founded in the 1850s. It has an estimated population of 1.4 million and is situated 200 km from Montreal and 90 km from the nearest US border crossing. Ottawa is also the political center of Canada, with federal headquarters, parliament, and the Supreme Court of Canada based in the city. The Federal Government is, therefore, the largest employer. However, other prominent industries include tech, life sciences, health care, aerospace, defense, and security. Some of the fastest-growing companies in Ottawa include tech firms such as ecommerce software Trellis, SaaS enterprise ZeroTek, and digital health innovators TryCycle Data Systems. 7 Benefits of establishing your company in Ottawa Utilizing a shared workspace in Ottawa places your company at the heart of Canada’s political and business economy. However, when it comes to Ottawa’s business benefits, there are plenty for any new startups or established enterprises. 1. Global tech hub Ottawa is a thriving center for innovation with worldwide acclaim. As of 2021, the region has a total tech workforce of 76,200. It also has the highest concentration of tech talent in North America. Additionally, Ottawa is a recognized leader in AI and Machine Learning. The region’s leading fintech company, MindBridge AI, amassed over $40 million in venture capital. It also featured in the World Economic Forum’s list of 100 technology pioneers. Meanwhile, Shopify invested $1 billion in R&D to incorporate AI into its network fulfillment centers in the US and Canada. Furthermore, IBM recently established a Machine Learning Hub in Ottawa. As one of five hubs worldwide, IBM provides invaluable support to startups and scaling companies in Canada’s capital. Because of this, basing your business in a shared workspace in Ottawa will give you access to this support network. 2. Access to talent Ottawa is home to four post-secondary institutions, producing 130,000 students every year. Around 20% of these students specialize in STEM subjects. The region also has the highest number of post-secondary educated residents in Canada, with 41% possessing at least a bachelor’s degree. Establishing a coworking space in Ottawa gives businesses access to a lot of skilled and qualified potential. With a steady pipeline of talent and an established network of such skilled labor, the region is great for startups, scale-ups, and SMEs. If you’re looking to grow your business or collaborate with like-minded entrepreneurs, a shared office in Ottawa is a valuable way to build new relationships with professionals and new talent. 3. Low operational costs Second only to Mexico, Canada is one of the G7’s top countries for low business costs. With a corporate minimum tax rate of 2.7%, Ontario is an attractive province for all sorts of companies. The region also has one of the highest median family income rates in the country, along with one of the lowest housing costs in Ontario’s major regions. The average housing costs in Ottawa are also below the national Canadian average. With low business and living costs, the city has established itself as a desirable location for new and growing businesses. This means a shared office in Ottawa helps keep business overheads to a minimum. 4. Diverse economy Ottawa’s global reputation in the tech sector is certainly worthy of note. However, the city is also home to other booming industries, including aerospace and defense, data analytics, and digital media. The aerospace and defense industry in Ottawa includes over 190 companies employing thousands of skilled workers. Canada’s wider aerospace industry contributes $20.3 billion to the GDP and accounts for 160,000 (direct and indirect) jobs. The sector has tripled its global market share in recent decades to become the fifth-largest aerospace producer in the world. Meanwhile, Ottawa’s digital media industry includes over 170 companies, boasting more than 1,600 people. Additionally, with nine industry-specific education programs in the region, there’s a steady flow of skilled talent to support the sector’s growth. 5. Economic opportunities With a diverse and growing economy, Ottawa is a stable business environment that’s well-placed for long-term success. It also provides plenty of opportunities for cross-sector collaboration, creating an exciting area for small businesses to thrive in. The local government also provides resources for new, small, and growing businesses. From Business Improvement Area Grant Programs to the Business Assistance Program, there’s plenty of support on offer. 6. Global network Ottawa has not only grown many startups that have gone on to achieve global success, but it’s also home to many international corporations that boost the local and national economy. Combined, these make for a robust global network that facilitates international collaboration. Prominent global entities with a presence in Ottawa include IBM, Nokia, TD Bank, and Deloitte, which is considered one of the Big Four accounting firms. The city’s proximity to the US border also facilitates trade and collaboration, with links to major regions like New York City and Washington. 7. Ottawa culture With influences spanning First Nations, French, English, Scottish, and Irish roots, Ottawa has a diverse culture. The Ottawa River running around the city offers plenty of natural beauty to boost mental health and inspire a good work-life balance. The city’s eclectic culture supports an excellent food scene. This makes it a great place for networking and entertaining clients or investors. Top restaurants for client entertaining include Cocotte Bistro and Aiana. If the occasion calls for a little more finesse, there are also numerous wineries within day-trip distance. How much are coworking memberships in Ottawa? Ottawa offers lower costs of living and business than many other major cities in North America. 2024 figures suggest that the cost of living in Ottawa is 42% cheaper than in San Francisco and 86% lower than in New York City. By opting for coworking instead of traditional office space, you can reduce business overheads even more. Day coworking spaces in Ottawa start from $29. This is lower than places like Edmonton and Toronto, which start from $39, and Montreal, which starts from $49. For coworking memberships in Ottawa, prices start from $149 per month. Regus membership includes access to a range of different locations. This allows you to move around and work closer to various clients and industry clusters as your business evolves. The best coworking spaces in Ottawa Whether you’re looking for a dedicated desk in a bustling environment or a flexible workspace with conference rooms for client engagement, there’s an office in Ottawa to suit your needs. As your business grows and your needs change, coworking spaces allow you to relocate and scale up or down with ease. To help you find the right spot for your business requirements, let’s explore some of our top Ottawa coworking options. 208 Booth Street Blending modern workspaces with industrial aesthetics, 208 Booth Street is a great environment for new businesses. Part of the landmark Zibi development on Chaudière Island, this office has a contemporary designer feel that will impress employees and clients alike. With quiet booths and relaxed open spaces for networking and collaborating, this location has the best of both worlds. You can also rub elbows with like-minded people and enjoy barista-made coffee in-house for a productivity boost. Downtown Ottawa’s many bars and eateries are also less than two kilometers away for excellent client entertainment and post-work relaxation. Highlights include Break-out areas Meeting rooms Lounge area Information about 208 Booth Street Location: 310 Miwate Private, Ottawa, ON, K1R 0E2 Starting cost: From $149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Booth/Chaudière Bus Stop (a three-minute walk away) 116 Albert Street In the heart of Ottawa’s financial district, 116 Albert Street is ideal for businesses in the finance or fintech sectors. There are also plenty of public sector and government organizations to add some versatility to the region. This downtown area also has plenty of bars, restaurants, and entertainment venues, making it a great spot for promoting a healthy work-life balance as well as client and investor entertainment. For a quick and healthy lunch, the popular Mad Radish is in the same building. Highlights include On-site lunch restaurant Business lounge Secure underground parking Information about 116 Albert Street Location: 116 Albert Street, Ottawa, ON, K1P 5G3 Starting cost: From CAD 205 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Albert/Metcalfe Bus Stop (a one-minute walk away) and Parliament West/Parlement Ouest Light Rail Station (a four-minute walk away) 66 Slater Street If you’re looking for an office address in downtown Ottawa to really wow clients, 66 Slater Street offers a lot of value. Boasting views of Parliament Hill, this 23-storey high-rise is made to impress. It’s also right next to Ottawa City Hall, making it a central and desirable destination for a wide range of industries. With workspaces spanning five floors, there’s a style and environment to suit your varying needs. Network with other professionals in communal areas or retreat to quiet spaces for concentration. Highlights include Break-out areas Meeting rooms Major transport links Information about 66 Slater Street Location: 135 Laurier Avenue West, Ottawa, ON, K1P 5J2 Starting cost: From CAD 279 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Elgin/Slater Bus Stop (a three-minute walk away), Slater/Metcalfe Bus Stop (a four-minute walk away), and Parliament West/Parlement Ouest Light Rail Station (a nine-minute walk away) 116 Lisgar St 116 Lisgar St is another central location fantastic for a wide range of industries. Surrounded by businesses in public services, technology, healthcare, and tourism, there are plenty of opportunities to network and grow your business here. This Ottawa coworking space offers a variety of options to suit all sorts of personalities and business types. Collaborate and brainstorm with like-minded people in open-plan areas, or make full use of the state-of-the-art videoconferencing facilities.. Lisgar St is also close to Ottawa Macdonald-Cartier International Airport for clients who need to travel from afar. For entertainment, the area has a range of fine dining restaurants and a diverse culture to enjoy. Highlights include Break-out areas Meeting rooms City/town center location Information about 116 Lisgar St Location: 116 Lisgar St, Ottawa, ON, K2P 0C2 Starting cost: From CAD 245 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Elgin/Nepean Bus Stop (a two-minute walk away) and Uottawa West /Ouest Light Rail Station (an 11-minute walk away) 343 Preston Street In the heart of Ottawa’s ‘Little Italy’, 343 Preston Street is well-situated for businesses in the tech sector. By day, you can mingle with a variety of tech firms and specialists. By night, you can entertain clients or relax with new collaborators at the excellent local restaurants and bars. For afternoons when you need to clear your head or grab some fresh air, Dow’s Lake is also within walking distance. Highlights include Break-out areas Business lounge Major transport links Information about 343 Preston Street Location: 343 Preston Street, Ottawa, ON, K1S 1N4 Starting cost: From CAD 309 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Preston/Young E Bus Stop (a two-minute walk away), Booth/Orangeville Bus Stop (a four-minute walk away), and Carling Train Station (a 12-minute walk away) Fairmont Chateau Laurier Fairmont Chateau Laurier is a great option for those looking to impress clients with a coworking space situated in an iconic spot. Resembling a castle on the outside and a modern office on the inside, it has plenty of character. It also offers state-of-the-art videoconferencing facilities, as well as an on-site coffee bar. Surrounded by museums, art centers, and government buildings, there are many opportunities to network and engage in a bit of culture during downtime. With Major’s Hill Park and the Ottawa River mere footsteps away, it’s also an excellent location for encouraging a healthy amount of natural admiration and work-life balance. Highlights include Business lounge On-site lunch restaurant Vending machines Information about Fairmont Chateau Laurier Location: 1 Rideau Street, Ottawa, ON, K1N 8S7 Starting cost: From CAD 205 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Rideau Light Rail Station (a three-minute walk away) and Ottawa ON Bus Stop (a four-minute walk away) 396 Cooper Street Surrounded by federal departments, management consultancies, and lifestyle brands, 396 Cooper Street is a place that’s brimming with a range of industries. Boasting a lower price point than other Ottawa coworking spaces, it’s an excellent option for new businesses looking to keep costs down as much as possible. The Centertown area also offers plenty of restaurants and bars for networking or relaxing after work. Union Local 613, Prohibition Public House, and Arlo Wine & Restaurant are all within a short walk from the building. Highlights include Break-out areas Meeting rooms Major transport links Information about 396 Cooper Street Location: 396 Cooper St., Ottawa, ON, K2P 0G8 Starting cost: From CAD 169 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Bank/Somerset W Bus Stop (a one-minute walk away) and Lyon West/Ouest Light Rail Station (a 15-minute walk away) Discover serviced offices in Ottawa with Regus With a diverse set of industries, a thriving tech ecosystem, and lower business costs, Canada’s capital city is an excellent place to start a business. With Ottawa coworking spaces, you can keep your overheads down and get the flexibility you need to grow. Explore our Ottawa office spaces to find the best option to suit your professional needs. Alternatively, for assistance finding the right workspace for your business, get in touch with our experts today. At Regus, we can talk you through our many coworking options and membership packages so you can find the best solution to help you thrive.
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27th August 2024

A Guide to Coworking in Edmonton

A Guide to Coworking in Edmonton Shared workspaces in Canada are becoming more popular. According to industry reports, the market will grow from USD 3.24 billion in 2024 to USD 4.75 billion by 2029. As more businesses take advantage of coworking, Edmonton in Alberta has plenty of inviting spaces to choose from. As one of Canada’s fastest-growing metro regions, it’s rife with opportunities for freelancers, entrepreneurs, and small business owners. The city also has a thriving AI and technology sector, as well as eight higher education institutions boasting around 130,000 students. Given this, it’s no surprise that it’s an exciting location to start or grow your business. If you’re considering coworking in Edmonton, it’s important to consider a number of factors. For example, you may be on the lookout for an area that’s great for networking, or a location that’s better for acquiring new and skilled talent. Let’s take a look at some key facts that will help you find the best coworking space in Edmonton for all your business needs. Geography of Edmonton Edmonton lies on the North Saskatchewan River and forms part of the Calgary–Edmonton Corridor, the most urbanized area in Alberta. Influential brands, such as Apple, Amazon, Microsoft, Canadian Western Bank, and many more have offices in Edmonton. The central business district is Downtown, but you can also find shared office space in West Edmonton and South Edmonton. The city’s rich history dates back thousands of years to when hunter-gatherers roamed the land. Today, it’s home to a regional population of around 1.4 million people, with a $110 billion GDP and growing. Edmonton offers access to North America’s largest urban forest, 460 regional parks, and over 50 festivals held every year. This makes for a thriving cultural scene, as well as an excellent area for entertainment. Public transport, including bus and light rail transit services, provides easy access to a lot of areas across the city. Additionally, the international airport is less than 30 kilometers from Downtown, making it reachable from all over the world. 8 Benefits of establishing your company in Edmonton The city is home to North America’s fastest-growing tech ecosystem. It has an established food and agriculture industry, as well as global logistics. In recent years, there’s been growth across digital media and entertainment, and clean technology has also been thriving. When it comes to the advantages of using shared office space in Edmonton, this is just the tip of the iceberg. Let’s now explore some of the benefits that make Alberta’s capital city an excellent place to start or grow your business. 1. Global recognition As a fast-growing city with a welcoming community, Edmonton has gained a reputation on the global stage over the years. In 2022, it became the first Canadian city to join UNESCO’s ranks as one of the top education cities in the world. As part of the Global Network of Learning Cities, Edmonton is celebrated for its dedication to lifelong learning and cultural prosperity. The city also has a growing reputation as a food lover’s paradise, as well as being a prime destination for festivals and culture. Some of the most popular ones include the International Jazz Festival and the Taste of Edmonton Food Festival. The International Street Performers Festival and Purple City Music Festival also draw in big crowds each year. This and more help contribute to a business-friendly environment that promotes work-life balance. Such qualities are attractive for fresh businesses looking to innovate, collaborate, and grow in a thriving Canadian metropolis. 2. Cost-effective economic environment Edmonton is a very cost-effective and affordable city, especially for businesses. The cost of office space is typically lower than in other Canadian regions. With lower prices, running a business from a shared workspace in Edmonton will help keep your overheads to a minimum. This more than makes it a desirable location for entrepreneurs, freelancers, and small enterprises. 3. Ease of incorporation It’s possible to establish a company in Alberta in a few simple steps, such as by making it easier to open business bank accounts and build credit. This allows those with an entrepreneurial mindset to set up quickly and expand effectively. Edmonton’s governing authorities are also working to make it easier for new and small businesses to establish a presence in the city. The City Council also has several resources available for entrepreneurs looking to start a business in Edmonton. Utilizing a shared office space for rent in Edmonton will give you and your business access to all this support. 4. Tax advantages Alberta has the lowest combined tax rate in Canada when compared to the national average. It’s also one of the lowest tax rates in North America. The provincial corporate tax rate is 8% and there’s no provincial sales tax or PST. Combined, this makes the overall tax less of a burden for businesses, often by quite a large margin. Additionally, Edmonton offers various provincial and federal tax credits and grants. The Innovation Employment grant can provide companies with up to 20% of their research and development costs. The Strategic Innovation Fund also supplies funding and support. 5. Tech and innovation hub Home to the Alberta Machine Intelligence Institute, or Amii for short, Edmonton already has a strong reputation in the AI field. With this hub for research and cutting-edge innovation, the region continues to attract top talent and global attention. Edmonton was called the fastest-growing tech ecosystem in North America in 2021. Huge names like Apple, Microsoft, IBM, and Amazon have also invested in the area. As such the city enjoys a thriving and growing tech scene, which will no doubt continue for the foreseeable future. 6. Attracting talent Along with top-class institutions, Edmonton is home to around 130,000 students. Regional institutions include the University of Alberta and the Northern Alberta University of Technology. The province is also known for producing a large number of STEM graduates. The lower costs of living and the inclusive environment are attractive prospects for establishing talent in Edmonton. Small businesses looking to grow with fresh talent will gain access to this wide range of skills, knowledge, and experience. 7. Diverse economy The Alberta region is famous for its oil and gas industry. However, it also has a diverse economy that supports a wide range of sectors. For example, the province has around 1.7 million acres of agricultural land. It’s also Canada’s largest hydrogen hub, with billions in regional investments projected by 2030. Health and Life Sciences is another prominent industry, with nearly 300 companies in the region alone. Edmonton is also seeing growth across the digital entertainment industry, including gaming and eSports. 8. Food, culture, and entertainment in Edmonton Whether you’re networking with clients or bonding with collaborators, Edmonton offers a variety of options for entertainment and post-work activities. From hip eateries in the historic Old Strathcona to cocktails at Bar Clementine in the Oliver neighborhood, there’s no shortage of venues. Impress important clients with a symphony at the Winspear Centre or keep it casual with some jazz at the Yardbird suite. Whatever your preferences, there’s entertainment, cuisine, or an event to fit the bill. This makes Edmonton a fantastic spot for impressing clients while also perpetuating a healthy work-life balance. How much are coworking memberships in Edmonton? Running a business in Edmonton can be more cost-effective than in other cities across Canada and the US, including big cities like New York or San Francisco. However, with a shared workspace, you can streamline business costs even more. By working from offices that are fully furnished and ready to go, you can reduce several of your overhead costs immediately. Coworking from a hot desk in Edmonton can cost as little as CAD 39 per day or CAD 149 per month. Compared to cities like Vancouver, where day coworking can start at CAD 55 per day, it makes the Alberta capital a desirable option. The best coworking spaces in Edmonton Due to the city’s thriving and growing business ecosystem, as well as the rise in demand for flexible workspaces, there are plenty of shared offices in Edmonton. Whether you’re looking for a bustling business center where you can network and collaborate, or a quiet spot in a serviced office to hunker down, we’ll take you through some of our top spots for coworking in Edmonton. Manulife Place Entrepreneurs who want to set themselves up for success will love Manulife Place. This iconic glass skyscraper in the heart of Edmonton offers city views for motivation and an on-site coffee bar for quick refreshments. When it comes to networking and client entertainment, there are plenty of eateries and venues nearby. From the Craft Beer Market to the Art Gallery of Alberta and the Royal Alberta Museum, you’ll have plenty of choices. There are also local supermarkets and retail stores if you need to pick up a few items after work. Additionally, fantastic transport links make getting around a breeze. Highlights include Gym and fitness center On-site lunch restaurant Secure underground parking Information about Manulife Place Location: 10180 101 Street, Edmonton, AB, T5J 3S4 Starting cost: From CAD 255 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: 102 Street Stop Light Rail Station (a one-minute walk away), 101 Street & 102 Avenue Bus Stop (a one-minute walk away), and Central Station Light Rail Station (a four-minute walk away) 98 Avenue If you’re looking for a modern, fully serviced office with meeting rooms for conference calls, look no further than 98 Avenue. Work with others in communal breakout areas or find a booth for quiet concentration. Nestled between Rossdale and Downtown Edmonton, this shared office is close to a wide range of businesses and amenities. It’s also a short walk from River Valley Park, which makes for an excellent spot for grabbing some fresh air or getting some steps in. For indoor activities, 98 Avenue also has its own on-site gym, as well as a jacuzzi for when you and your team need a bit of downtime. Highlights include Gym and fitness room Major transport links Disabled facilities Information about 98 Avenue Location: 10611 98 Avenue NW, Edmonton, AB, T5K 2P7 Starting cost: From CAD 195 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Government Transit Centre (a two-minute walk away) and 107 Street & 97 Avenue Bus Stop (a two-minute walk away) First Edmonton Place First Edmonton Place offers modern, comfortable, and fully furnished offices for professionals who want to make an impact. In the heart of Downtown Edmonton, you’ll be surrounded by restaurants and bars for post-work relaxation. For client entertaining networking, there are plenty of great spots nearby, including several live music venues, restaurants, and bars being a short walk away. Highlights include Business lounge Secure underground parking Breakout areas Information about First Edmonton Place Location: 10665 Jasper Avenue, Edmonton, AB, T5J 3S9 Starting cost: From CAD 299 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Corona Light Rail Station (a one-minute walk away), 106 Street & Jasper Avenue Bus Stop (a one-minute walk away), and 107 Street & 100 Avenue Bus Stop (a two-minute walk away) 51 Avenue Freelancers and small businesses looking for a shared office in the Davies Industrial West district will find what they need at 51 Avenue. Outside the hustle and bustle of Downtown, but still close enough to the action, it’s an excellent spot for growing your business. Popular with trades, industrial, and manufacturing businesses, this is a fantastic spot for operators in the logistics sector. For team bonding or client entertainment, Soju Karaoke and Bar is not far away. Highlights include Meeting rooms Breakout areas Major transport links Information about 51 Avenue Location: 9426 51 Ave NW #2nd, Edmonton, AB, T6E 5A6 Starting cost: From CAD 275 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: 93 Street & 51 Avenue Bus Stop (a one-minute walk away) Discover serviced offices in Edmonton with Regus A coworking space in Edmonton is a great way to reduce costs while still getting the benefits of a fully furnished office in a busy city. With an established tech and AI sector and an influx of fresh talent, Alberta’s capital has plenty of potential for business growth. At Regus, we specialize in helping businesses and individuals find the best-shared office for their professional needs. For advice on finding a coworking space in Edmonton that works for you, get in touch with our friendly experts today. To explore some of our many other offices, you can take a look at our global locations. Alternatively, to work with flexibility from multiple cities all over the world, check out our membership plans.
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27th August 2024

A Guide to Coworking in Toronto

A Guide to Coworking in Toronto The Global Coworking Growth Study 2020 named Toronto the world’s third-fastest growing city. By 2022, the Toronto coworking market had grown by 27% compared to the previous year, demonstrating continued and steady growth. With a clear appetite for coworking office space, Toronto is an attractive option for business owners. But, aside from the coworking trend, Toronto is also a desirable location for startups and growing companies. From industry hubs to skilled talent, this article will explore the many advantages of coworking in Toronto. Geography of Toronto Toronto is the capital of Ontario and Canada’s most populated city. It’s also the fifth most populated city in North America, with over 2.6 million in the city area alone. On the edge of Lake Ontario, it’s close to the US border and within easy reach of cities like Buffalo and Detroit. The city’s main business hub and financial district is in Downtown Toronto. This includes Canada’s five major banks, professional services firms, and the Toronto Stock Exchange. The area is the second-largest financial services center in North America. Downtown Toronto also has a vibrant tech scene. Major players like Apple, Amazon, and Google are all present in the city as well as countless new startups. This, combined with a range of other factors, makes Toronto a prime location where all sorts of businesses can thrive. 8 Benefits of establishing your company in Toronto Toronto is one of Canada’s most famous cities. Popular with tourists and residents alike, it has plenty to offer small and large businesses. So, without further ado, let’s explore the city’s many benefits. 1. Business and financial capital Home to 38% of Canada’s business headquarters and accountable for 18.5% of the country’s GDP, there are plenty of opportunities for growth in Toronto. The city also scores well beyond the Canadian border. It ranks eighth in the Global Financial Index 2024 for North America and twenty-third worldwide. The finance sector makes up a large portion of Toronto’s local economy. Within that, banks, insurance companies, and pension funds are prominent. Such companies with a presence in Toronto include the Canadian Imperial Bank of Commerce and the Royal Bank of Canada. Whether you’re an ambitious startup or a freelancer, having a business presence in Toronto puts you amongst these prominent players. And, with a high concentration of finance and business services providers in one area, shared office space in Toronto provides plenty of networking opportunities. 2. Global competitiveness In the Global Liveability Index 2023, Toronto ranked 9th. With natural beauty, a thriving business sector, excellent healthcare, and a diverse culture, it’s clear why. The city also has a strong reputation for innovation and collaboration. It’s home to MaRS, North America’s largest urban innovation hub. As a registered charity, MaRS provides startups and innovators to build businesses that make a positive impact. With over 1,200 startups supported to date, MaRS has helped create employment for over 33,000 people. Organizations like this are one of the many reasons Toronto is visible as a competitive, thriving, and innovative city on the global stage. Using a shared workspace in Toronto could give you access to this support. However, it can also place you amidst like-minded entrepreneurs who can help you grow your business. 3. Strategic location Toronto’s proximity to Niagara Falls brings plenty of tourists to the area. But the city’s benefits go well beyond tourism. The geographical location of Toronto puts it within driving distance of several business hubs. These include Ottawa, Detroit, Cleveland, and Buffalo. The city also has two major airports. Toronto Pearson International Airport is 27 kilometers west of Downtown Toronto. This is Canada’s busiest airport, flying to over 160 direct destinations worldwide. The Billy Bishop Toronto City Airport is even closer - only three kilometers away. Flying to 20 North American cities, it’s a popular and convenient connector for business travel. With other business hubs like New York City and Boston reachable in around 90 minutes by plane, coworking in Toronto could open your business to a world of opportunities. 4. Highly-educated talent pool Toronto has six publicly funded universities and four private institutions. Combined, these account for over 205,000 students. This creates a steady pipeline of qualified, skilled, and fresh talent for business growth. Many of the city’s universities have specific programs to support innovation and startup incubators. For example, Toronto Metropolitan University’s DMZ incubator is one of the top university incubators in North America. It has accelerated over 815 startups, raised CAD 2.54 billion in funding, and created 5029 jobs for the community. A shared office in Toronto could give you access to priceless networking opportunities. From new employees to like-minded visionaries who love to brainstorm, there’s no telling who you could meet. With so much fresh and emerging talent in one city, even a drop-in coworking space in Toronto could open doors for your business. 5. Competitive business costs Despite its reputation as a global business contender, the cost of doing business in Toronto is lower than many leading hubs. Federal tax rates in Canada are lower than in the US. With Ontario’s low provincial rates, the combined corporate income tax rate in Toronto is 26.5%. This is around 13% below the US on average. Toronto also has the lowest development charge rates in the region. Additionally, businesses can benefit from a range of grants, incentives, and rebates. Together, these make Toronto an appealing and cost-effective city for doing business. 6. Diversified economy Toronto is famous for its financial sector, but it also hosts plenty of other thriving industries. Often used to create the look of New York City, it’s a popular destination for film and television production. There are also 24,700 designers earning CAD 2.4 billion in annual wages. This spans specialisms such as architecture, interior design, graphic design, and industrial design. Other prominent industries include life sciences, tourism, fashion, and creative technology. Together, they form a robust, diverse, and stable economy where new and established businesses can thrive. 7. Tech hub Along with a wide range of growing industries, Toronto is home to the third-biggest tech hub in North America. With over 24,000 companies and 289,000 technology workers, there’s no shortage of talent or innovation. Major players like Apple and Google have long had a presence in Toronto. And, more recently, tech giants like Reddit, Wayfair, and Pinterest have invested in Toronto as a place to conduct business. This supports the city’s global status as a leading tech hub. The region also attracts talented visionaries from all over the world with the Canada Start-Up Visa program. This boosts the local economy by recruiting entrepreneurs to Canada and linking them to investors. When you combine its current reputation with its investment in attracting new talent, there’s no denying that Toronto is an excellent location for starting and growing a tech business. 8. Toronto’s food, culture, and entertainment Like many global business hubs, Toronto also has a diverse food scene. This is great for entertaining clients and investors. However, it's also a key part of promoting mental wellness and work-life balance. From local favorites like poutine and peameal bacon sandwiches to an array of international cuisines, there are many excellent options to try. Top locations in Toronto for food include Old Toronto, Kensington, Baldwin Village, and Koreatown. For culture and entertainment, Toronto has plenty to offer. From the Toronto Music Garden to the Distillery District, there’s no shortage of things you can enjoy as part of a healthy work-life balance. How much are coworking memberships in Toronto? Toronto is a cost-effective city for business. And, when it comes to streamlining costs and minimizing overheads, you can’t beat a coworking space in downtown Toronto. A coworking space in Toronto day pass could cost as little as CAD 39. This is lower than other Canadian cities like Montreal and Quebec City, which cost CAD 49 and CAD 45 respectively. Or, if you don’t want to commit to one shared coworking space in Toronto, you can hot desk with a flexible membership package for only CAD 149 per month. The best coworking spaces in Toronto Every business is a little different, and every office space has its advantages. Whether you’re looking for a dedicated desk in a calming spot where you can concentrate or want networking opportunities in a tech hot spot, there’s a coworking office in Toronto to suit your needs. Best coworking space for startups in Toronto - 5200 Yonge Street Startups that want to hit the ground running will love 5200 Yonge Street. Based in the North York Centre, the office features a modern design with plenty of natural daylight. If you want to impress clients, this is worth considering. By day, you can brainstorm with like-minded entrepreneurs in the many comfortable lounge areas. By night, you can entertain clients and investors in this vibrant and luxurious suburb’s many gourmet restaurants and great bars. Highlights include Disabled facilities Outside seating area/terrace On-site parking Information about 5200 Yonge Street Location: 5200 Yonge Street, Toronto, ON, M2N 5P6 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: North York Centre Metro Station (a three-minute walk away) and Yonge St at Park Home Ave Bus Stop (a two-minute walk away) Best coworking space for networking in Toronto - Royal Bank Plaza Royal Bank Plaza is ideal for those who want to rub shoulders with big players in the finance industry. Based in an iconic skyscraper, it’s a prestigious Toronto location. With JPMorgan Chase, Norton Rose Fulbright, and the Royal Bank of Canada already in the building, you’ll enjoy many networking opportunities. Union Station is right next door, which makes for a convenient commute. And, for after-work networking, there’s an array of bars and restaurants. For entertaining clients, fine dining restaurants Canoe, Ki Modern Japanese + Bar, and Bymark are all nearby. Highlights include Disabled facilities Fully equipped meeting rooms On-site parking Information about Royal Bank Plaza Location: 200 Bay St, North Tower, Toronto, ON, M5J 2J2 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Union Station Train and Light Rail Station (a five-minute walk away) and Bay Street Tram Stop (a two-minute walk away) Best coworking space for remote workers in Toronto - Canada Permanent Trust Building Canada Permanent Trust Building is ideal for remote workers who want a conveniently located office. Complete with high-speed internet and access to conference rooms, it has everything you need to get the job done. Comfortable breakout areas are available for team building and casual brainstorming. And, for times when employees need to concentrate in peace, there are plenty of quiet corners to facilitate productivity. Highlights include Collaborative break-out areas Access to Toronto’s PATH network Ornate decor Information about Canada Permanent Trust Building Location: 320 Bay Street, 101, Toronto, ON, M5H 4A6 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: King St West at Bay St West Side Tram Stop (a two-minute walk away) and King Metro Station (a four-minute walk away) Best coworking space for small teams in Toronto - 80 Atlantic Avenue Right in the heart of Toronto’s creative and tech scene, 80 Atlantic Avenue is ideal for fostering collaboration. This flexible space offers everything you and your team need to get the job done. From large tables where you can problem-solve to small break-out areas where you can catch up with colleagues, there’s an option to suit any occasion. And, when you need a break to refuel and regroup, the bustling Liberty Village neighborhood has plenty of cafes and eateries to try. Highlights include Outside seating area/terrace Showers Bicycle storage Information about 80 Atlantic Avenue Location: 80 Atlantic Avenue, Toronto, ON, M6K 1X9 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: King St West at Atlantic Ave Transit Stop (a three-minute walk away) and Exhibition Loop Transit Stop (a seven-minute walk away) Best coworking space for entrepreneurs and freelancers in Toronto - Gladstone Blending modern and industrial styles, Gladstone is ideal for those who want to network in a professional environment. It’s also at a lower price point compared to Toronto’s financial district. This makes it an excellent option for freelancers keeping overheads to a minimum. Take your pick from an array of shared desks, quiet booths, and break-out spaces. Or, for client calls, you can use private meeting rooms and dedicated lounge areas. For after-work networking, nearby bars include Melody Bar, The Rhino Bar & Grill Inc., and Bar Poet. Highlights include Collaborative break-out areas Fully equipped meeting rooms Lounge area Information about Gladstone Location: 34 Minowan Miikan Lane, Toronto, ON, M6J 0G3 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Queen St West at Sudbury St Tram Stop (a four-minute walk away) and Dufferin St at Melbourne Ave Transit Stop (a six-minute walk away) Most accessible coworking space in Toronto - Queen Richmond Centre Queen Richmond Centre is a comfortable and accessible option to consider. The office has everything you need to run your business including meeting rooms, an on-site lunch restaurant, and a business lounge. The building also has disabled facilities as well as elevator access. The area hosts businesses from a wide range of industries. These include academia, finance and business, research, and more. Old Toronto, Downtown Toronto, and the Distillery District are also within easy reach. Highlights include Outside seating area/terrace Sandwich service Bicycle storage Information about Queen Richmond Centre Location: 111 Queen Street East, Toronto, ON, M5C 1S2 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Queen St East at Jarvis St Transit Stop (a one-minute walk away) and Queen Metro Station (a five-minute walk away) Coworking space with the best transport options in Toronto - Hullmark Center Whether you want a simple commute or need easy access to a range of clients all over the city, Hullmark Center in North York is well-positioned. The building offers internal access to the Sheppard-Yonge Metro Station. This connects to over 70 locations across Toronto. It’s also close to highways 401 and 404. This makes it an excellent choice for entrepreneurs or freelancers who need to travel further afield to visit clients. The office space itself has everything you need to be productive. From quiet corners to collaborative spaces, there’s a variety of flexible options so you can work your way in comfort. Highlights include Collaborative break-out areas Fully equipped meeting rooms Direct transport links across the region and beyond Information about Hullmark Center Location: 4773-4789 Yonge Street, Hullmark Corporate Center, North York, ON, M2N 0G3 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Sheppard-Yonge Metro Station (a two-minute walk away) and Yonge St. at Sheppard Ave. Bus Stop (a three-minute walk away) Coworking space with the best parking in Toronto - Eaton Centre Offices in the heart of Toronto’s commercial district that also have parking are hard to find. With secure underground parking as well as easy access to public transport, Eaton Centre delivers on all counts. Offering views of Lake Ontario and proximity to Yonge-Dundas Square, this office is great for impressing clients. Fine dining establishments like Luna, Byblos Downtown, and Carisma are also within easy reach. Highlights include Secure underground parking Vending machines Business lounge Information about Eaton Centre Location: 1 Dundas Street West, Toronto, ON, M5G 1Z3 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Dundas Metro Station (a one-minute walk away) and Dundas St West at Bay St Bus Stop (a four-minute walk away) Most affordable coworking space in Toronto - 325 Front Street West 325 Front Street West is an excellent option for startups and small businesses looking to keep costs to a minimum. Here you can maintain proximity to Toronto’s thriving financial and entertainment districts at a lower price. Start small with a cost-effective hot desk and scale up as your business grows. The office has all the amenities you need to get your work done by day. By night, you can network, entertain clients, and enjoy a healthy work-life balance thanks to the array of restaurants, bars, and entertainment venues within walking distance. Highlights include Gym and fitness room On-site restaurant Secure underground parking Information about 325 Front Street West Location: 325 Front Street West, Toronto, ON, M5V 2Y1 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Spadina Ave at Front St West North Side Tram Stop (a five-minute walk away) and St Andrew Metro Station (an 11-minute walk away) Best coworking space for larger companies in Toronto - 3080 Yonge Street Based in Bedford Park on the outskirts of Toronto, 3080 Yonge Street is a great option for large or growing companies. With big communal desks, quiet spaces, meeting rooms, and more, there’s plenty of space for teams to collaborate or settle in to concentrate. Communal areas like the on-site coffee bar and outside terrace offer plenty of opportunities for inter-business collaboration as well as business-to-business networking. And, with transport links to Downtown Toronto, you can access the city’s clients and resources with ease. Highlights include On-site lunch restaurant On-site dry cleaning Secure underground parking Information about 3080 Yonge Street Location: 3080 Yonge Street, Toronto, ON, M4N 3N1 Starting cost: From CAD 149 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Lawrence Metro Station (a one-minute walk away) and Lawrence Station Bus Interchange (a one-minute walk away) Discover coworking offices in Toronto with Regus Toronto is an established business hub with a global reputation, but it’s also expanding quickly. This makes it an exciting location for new and small businesses. And, with a demonstrated and growing appetite for coworking, Toronto has plenty of flexible workspaces to choose from. Explore our numerous Toronto office locations to find the ideal option for your business. Alternatively, you can opt for a coworking membership. This allows you to work from various locations for an all-in monthly fee. If you’re still not sure what you need, get in touch with our Regus office experts for some friendly advice. From virtual offices to event spaces, they can guide you through our solutions to find the right fit for your business.
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27th August 2024

A Guide to Coworking in Montreal

A Guide to Coworking in Montreal Coworking in Montreal can help companies, startups, and entrepreneurs alike scale their ventures. From its low cost of living to its high quality of life, Montreal offers a prime location to position a business. Once a missionary settlement and then a fur trading center, the city in southwest Quebec now boasts many fruitful sectors. These industries include tech, tourism, and transport, each underpinning the city’s booming economy. As Canada’s second most populated city, Montreal houses around two million people, many of whom work for local companies. Numerous coworking spaces provide environments for these companies’ teams to work productively. These coworking spaces are available in offices of all sizes, from boutique to corporate centers. Many local businesses are integrating flexible office space into their work models to embrace flexibility, innovation, and collaboration. As such, demand for office space in the city is high. Canada’s flexible office space market is projected to grow to USD 1.75 billion in 2029. This growth would represent a compound annual growth rate (CAGR) of 7.58%. Geography of Montreal Montreal makes up three-quarters of Montreal Island, which is the largest of the Hochelaga Archipelago’s 234 islands. Excellent road, rail, and air connections make this location a convenient base for many businesses. The city has enjoyed economic growth over recent years, rising in 2021, 2022, and 2023. Its vibrant culture, lucrative sectors, and affordable cost of living have all contributed to this growth. Montreal is the biggest French-Canadian city, and 57.4% of its population speaks both English and French. By extension, Montreal is the second-largest primary French-speaking city on the planet after Paris. With so many multilingual professionals living in the city, it’s easy to do business with other French-speaking countries. When choosing your coworking office space in Montreal, it’s essential to select the right shared office for your needs. Here, we’ll explore how your business can grow in the city and showcase eight Montreal coworking offices where you can scale your venture. 9 benefits of establishing your company in Montreal Coworking in Montreal appeals to organizations of all shapes and sizes, and it’s easy to understand why. On average, it costs less to do business here than any other major city in Canada or the United States. Plus, there’s a huge level of support for startups and those seeking international connections. Not to mention high-profile investment opportunities and a buzzing culture. 1. International business opportunities International trade is pivotal to Montreal’s strong economy and multicultural environment. Canada enjoys free-trade agreements with neighbors in North America, Europe, and elsewhere globally. Because of these agreements, Montreal boasts access to over 50 economies representing around 1.5 billion consumers. As such, businesses can leverage a wealth of opportunities to do business on an international scale. An entrance to the wider world, Montreal is easily accessible by road, rail, water, and air. YUL – Montréal Trudeau Airport transports passengers to 145 destinations, of which over 80 are international. What’s more, the city holds Canada’s second-largest port, which transported 36 million tons of cargo in 2022. Montreal also holds North America’s third-biggest concentration of international organizations. More than 65 international organizations reside here, including The International Civil Aviation Organization, The International Air Transport Association, and The UNESCO Institute for Statistics. On top of this, Montreal is home to four United Nations (UN) agencies. The city is one of just nine in the world to host a permanent delegation from the UN. It’s also the top destination in North America for international conferences. 2. Connected startup community Coworking in Montreal is especially popular with startups. The city’s close-knit startup community offers innumerable networking sessions. There are also several collaboration opportunities and funding streams from six of Canada’s 10 most active investment funds. Local support organizations and events include: Montreal NewTech: This non-profit creates connections and collaboration opportunities for startups StartupFest: This event provides startups with learning, networking, and prize-winning opportunities Founder Fuel: This accelerator offers a four-month intensive program that helps tech founders turn their startup visions into world-changing enterprises SAJE: This consultancy provides coaching services to help businesses get off the ground and access grants so they can grow Investissement Quebec: This company teams financial capital with strategic guidance, helping startups reach their growth visions Inovia: This venture capital firm partners with startup founders to develop and fund impactful companies Montreal’s thriving startups include the software company Korbit Technologies, social commerce partner Livescale, and long-shelf-life food manufacturer Smart Gourmet. The city’s startup-focused business world sets entrepreneurs up for success. Entrepreneurs can meet others to bounce ideas off, learn from, and fuel their inspiration. 3. Supportive business ecosystem Incubators, accelerators, and venture capital firms provide support for businesses across Montreal. Further to this, Montreal offers an attractive corporate tax incentive program. This program makes refundable tax credits available in sectors relating to multimedia production and e-commerce. Businesses can recover up to 30% of their annual wage costs to a total of around CAD 20,000. There are additional tax incentives for businesses in Montreal’s prospering movie and TV production space. This industry is the second biggest after the city’s aerospace sector (based on annual turnover and employment numbers). 4. Gateway to North America Montreal’s strategic location positions the city as a gateway to North America and the rest of the world. Toronto, New York City, and Boston are just over an hour away by plane. Washington is a two-hour flight away and Chicago is a 2 and a half hour flight away. When it comes to sea travel, the Port of Montreal is one of the globe’s busiest inland ports. It provides some of the quickest, most direct routes between Mediterranean and European ports and North American markets. Booking a Montreal coworking space can bring your organization into this well-connected, business-forward environment. Given its transportation advantages, the city is especially attractive for commerce businesses. 5. Robust economy Renowned for its highly diversified economy, Montreal thrives across a spectrum of dynamic sectors. These include aerospace, finance, and technology. There is also a flourishing art and culture scene here, alongside an innovative video game development industry. These are other key players in Montreal’s economic landscape. In a bid to continue supporting its bustling economy, Montreal has pledged to invest over CAD 365 million into the city. The government has allocated this funding as part of the Montreal 2030 strategic plan, ensuring sustained growth and investment in key areas that define the city's future. 6. Vibrant investment climate As the vibrant heart of Canada's French province, Montreal attracts a high level of foreign direct investment. Its strong reputation as a business-friendly city has caught the attention of major investors. These include Google, Microsoft, Facebook, Samsung, and several foreign investors. Over the six months leading up to January 2023, non-Quebec businesses in Montreal made investments worth CAD 1.74 billion alone. These investments spanned 57 projects that together created 4,700 jobs. It’s no surprise that Montreal magnetizes so many investors. The city’s talented workforce makes Montreal especially attractive. Montreal is Canada’s top university capital and is known for being one of North America’s best university cities. Around 320,000 post-secondary students study in the city every year across 11 universities and more than 60 colleges. 7. Technology and data center hub Quebec generates 94% of its electricity from hydroelectric plants. Thanks to this affordable, renewable electricity, Montreal is a leading data center and cloud computing hub. Its electricity rates are the lowest in North America, attracting many tech-related businesses to the city. Multiple niches make up Montreal’s flourishing tech sector. These range from IT and AI to aerospace and engineering. Then there’s life sciences, health technology, video gaming, visual effects, and animation. Montreal is a global leader in each of these spaces. With so many fast-growing tech niches in the city, Montreal has one of North America’s five top-highest tech job concentrations. Montreal also has the third-largest aviation/aerospace sector after Seattle and Toulouse. The city is home to either the headquarters or the manufacturing and research and development facilities of Airbus, Bombardier, and Pratt & Whitney, amongst many others. All these aviation industry leaders contribute to the city’s reputation as a hub of innovation and manufacturing. When it comes to gaming technology, Montreal is one of the world’s top five video game development hubs. More than 200 gaming studios operate here, including Gameloft, WB Games, Eidos, Electronic Arts (EA), and Ubisoft. To further expand tech innovation in Montreal, the government has created the Scale AI supercluster. This initiative aims to open more tech jobs while challenging companies to create AI solutions. Coworking in Montreal can be a strategic move for tech companies to become part of this world-leading innovation. 8. Sustainability initiatives Montreal plays a key role in global sustainability networks, making the city a hub for eco-friendly initiatives. Sustainability-focused bodies in the city include: The Centre for International Sustainable Development Law The Secretariat of the UN Convention on Biological Diversity The Global Sustainable Electricity Partnership The International Secretariat for Water Additionally, over 1,000 organizations in Quebec and Montreal specialize in cleantech. These organizations employ a total of 85,000 people and generate annual revenues of around CAD eight billion. Montreal also ranks fourth globally for offering sustainable transport. The city and wider Quebec focus on green mobility as part of their decarbonization efforts. By extension, many investors provide capital for clean technologies in the transportation field. Contributing yet further to its eco credentials, Montreal has 19 parks covering 2,000 hectares. There are an additional 1,200 parks throughout the city’s neighborhoods. These parks make up 26% of Montreal's land, 6% more than Seattle and Toronto’s green space, and double London’s green space. 9. Montreal culture Montreal is the safest city in North America, an attractive prospect for entrepreneurs who plan to live in the city with their families. The city accommodates a diverse, inclusive community that speaks more than 140 languages. As such, Montreal is Canada’s most functionally bilingual and trilingual city. Montreal holds more than 120 festivals, countless concerts and shows, and numerous other attractions. There are also thousands of restaurants, more per capita than in any other comparable city worldwide. Coworking in Montreal instantly brings professionals into this welcoming city with plenty to see and do. Setting up or relocating a business here provides endless options for entertaining clients and teams. The city also offers a quality of life that promotes mental well-being and happiness. How much does coworking in Montreal cost? It can be more cost-effective to rent Montreal coworking offices than coworking offices in other North American cities. The average desk price in a Montreal coworking office is CAD 469 per month. Our coworking spaces in Montreal come in below this, ranging from CAD 235 to CAD 405 per person per month. These prices cover a desk in one of our ergonomic shared offices over a 24-month contract. These coworking prices are more cost-effective than those in many similar cities. For example, coworking spaces in Toronto, the largest city in Canada, varies between CAD 149 and CAD 545. The best coworking spaces in Montreal Regus provides various fully outfitted coworking offices in Montreal. Each offers comfortable workspaces with state-of-the-art equipment in a shared office. You can rent as many or as few desks as you need, scaling up or down in line with your evolving business needs. Coworking spaces aside, our office centers also feature additional amenities. Whenever you need to hold a meeting, our meeting rooms are available to book via our app. Many office centers also offer break-out areas, a business lounge, eateries, or outdoor communal spaces. Here are eight of our coworking office spaces in Montreal. 1. 5455 De Gaspe Avenue 5455 De Gaspe Avenue offers a suite of coworking spaces in Montreal’s Mile End neighborhood. These creative workspaces suit businesses of all kinds, from startups to Fortune 500 companies. In particular, the loft-style office attracts art, media, and technology businesses. Highlights include: Collaborative break-out areas Fully equipped meeting rooms On-site parking Information about 5455 De Gaspe Avenue Location: 5455 De Gaspe Avenue, Montreal, QC, H2T 3B3 Starting costs: From CAD 523 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Rosemont Underground Station (a four-minute walk away), Beaubien Underground Station (a six-minute walk away), and De Castelnau Underground Station (a six-minute walk away) 2. Rue du Square Victoria Coworking in Montreal is easy at Rue du Square Victoria. This office center provides several flexible workspaces in Montreal’s central business district. Professionals can take breaks in the on-site garden or at the many local cafes and restaurants. RESO, Montreal’s underground city, is easily accessible, as is the old Port of Montreal ferry terminal. Ferries connect professionals with the Réal Bouvier Marina in Longueuil and Saint Helen's Island. Highlights include: Collaborative break-out areas Fully equipped meeting rooms On-site garden Information about Rue du Square Victoria Location: 747 Rue du Square-Victoria, Montréal, QC, H2Y 3Y9 Starting costs: From CAD 339 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Square Victoria-OACI Underground Station (a one-minute walk away), Station Gare Centrale Light Rail Station (a two-minute walk away), and Bonaventure Underground Station (a three-minute walk away) 3. 1250 Rene-Levesque Those looking for coworking spaces in Downtown Montreal should consider 1250 Rene-Levesque. This location is home to companies from a blend of all Montreal’s sectors. Built with sustainability in mind, the LEED Gold-certified offices also offer colorful decor, ideal for productivity. Highlights include: On-site dry cleaning Business lounge Fully equipped meeting rooms Information about 1250 Rene-Levesque Location: 1250 René Lévesque Boulevard West, Montreal, QC, H3B 4W8 Starting costs: From CAD 339 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Station Gare Centrale Light Rail Station (a five-minute walk away), Bonaventure Underground Station (a six-minute walk away), and Lucien L’Allier Underground Station (a six-minute walk away) 4. IA Tower Coworking in Montreal doesn’t get more prestigious than at IA Tower. This 23-story office center impresses clients and is easy to find on one of Montreal’s most famous streets. Modern interiors and business-grade facilities make the shared offices into productive spaces to enjoy. Meet like-minded professionals not only in the offices but also in the on-site cafe and business lounge. There are also local bars, restaurants, and shops to explore together after work. Highlights include: On-site lunch restaurant Bicycle storage Secure underground parking Information about IA Tower Location: IA, 2000 McGill College Avenue Tower, Montreal, QC, H3A 3H3 Starting costs: From CAD 279 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Peel Underground Station (a two-minute walk away), McGill Underground Station (a two-minute walk away), and Guy-Concordia Underground Station (a three-minute walk away) 5. 75 Queen Street 75 Queen Street’s shared workspaces in Montreal welcome professionals to a dynamic business community. Based in the Old Port of Montreal, many creatives and innovators flourish here. Here, you’re a five-minute walk from Downtown, where myriad business opportunities await. 75 Queen Street also holds various events. The networking potential at this office center is endless. Professionals can also enjoy the common areas, courtyard, cafe, and coffee bar. There are many restaurants and cafes in the waterfront location, too. Highlights include: Collaborative break-out areas Mezzanine meeting rooms Outside seating area Information about 75 Queen Street Location: 75 Queen St., Montreal, QC, H3C 2N6 Starting costs: From CAD 359 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Gare Centrale Train Station (a three-minute walk away), Station Gare Centrale Light Rail Station (a three-minute walk away), and Square Victoria-OACI Underground Station (a three-minute walk away) 6. 2001 Boulevard Robert Bourassa 2001 Boulevard Robert Bourassa is a prominent commercial center that sits amidst Montreal’s skyscrapers. Professionals working here enjoy corporate surroundings that impress clients and partners. Natural light fills the coworking spaces through floor-to-ceiling windows, which offer city views. With Downtown on the doorstep, immersive activities to fill the evenings await. Highlights include: On-site sandwich/coffee bar On-site lunch restaurant Vending machines Information about 2001 Boulevard Robert Bourassa Location: 2001 Boulevard Robert Bourassa, Montreal, QC, H3A 2A6 Starting costs: From CAD 279 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: McGill Underground Station (a one-minute walk away), Places-des-Arts Underground Station (a two-minute walk away), and Peel Underground Station (a three-minute walk away) 7. 500 Place d'Armes 500 Place d'Armes offers shared offices in Montreal with beautiful interiors and plenty of natural light. Nestled in the historic Old Montreal, those who work here enjoy the charm of cobblestoned streets and Parisian buildings. The local area is bursting with bars, restaurants, and entertainment venues, perfect for meeting clients. Highlights include: Collaborative break-out areas Fully equipped meeting rooms Secure underground parking Information about 500 Place d'Armes Location: 500 Place d'Armes, Montreal, QC, H2Y 2W2 Starting costs: From CAD 405 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Square Victoria-OACI Underground Station (a two-minute walk away), Station Gare Centrale Light Rail Station (a four-minute walk away), and Place-des-Arts Underground Station (a six-minute walk away) 8. Cathcart and McGill Those seeking shared office spaces in Montreal will find a compelling choice in Downtown’s Cathcart and McGill. Coworking in Montreal’s Downtown brings workers into a melting pot of burgeoning industries. The sought-after location hosts big players like Google and the Québec-Florida Chamber of Commerce. As a result, larger companies looking to develop credibility may strategically position themselves here. The office center offers stylish coworking spaces, a comfortable lounge, and restaurants serving international dishes. Highlights include: On-site parking Business lounge Fully equipped meeting rooms Information about Cathcart and McGill Location: 1200 McGill College Avenue, Montreal, QC, H3B 4G7 Starting costs: From CAD 279 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Peel Underground Station (a two-minute walk away), McGill Underground Station (a two-minute walk away), and Station Gare Central Light Rail Station (a two-minute walk away) Discover coworking offices in Montreal with Regus Coworking in Montreal offers extensive benefits for businesses looking to scale. Solopreneurs may prefer to rent hot desks in an open-plan office, which you can rent by the hour or by the day. Teams may prefer dedicated desks in a shared office, which are available 24/7. Dedicated desk packages also include a business address and storage options. Those who want to hot desk regularly may find that our coworking memberships are the best fit for them. These memberships allow you to rent a desk for 5, 10, or unlimited days each month. Whichever approach is best for you, all of our coworking offices in Montreal include high-speed WiFi and the furnishings you need to be productive. A friendly reception team will also be on hand to welcome you to your workspace and provide support whenever you need it.
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27th August 2024

A Guide to Coworking in Vancouver

A Guide to Coworking in Vancouver Vancouver’s coworking scene has flourished in recent years. It reflects the city’s growing demand for flexible, collaborative work environments. As a major economic hub on Canada’s West Coast, Vancouver is home to a diverse range of industries. They include film and media, technology, tourism, and green energy. The city’s thriving business ecosystem has contributed to the rise of coworking in Vancouver. Freelancers, startups, and remote workers enjoy a range of options to suit their needs. These shared workspaces go beyond providing desks and WiFi, fostering a sense of community, and helping create networking and collaboration opportunities. Located between the Pacific Ocean and the mountains, Vancouver is full of natural beauty and has a high quality of life. It is an attractive destination for anyone seeking a healthy work-life balance. In this guide, we will explore what makes Vancouver particularly ideal for coworking and how your business could benefit. Geography of Vancouver Vancouver’s economy has evolved over the years. It started with a focus on natural resources, but now it is home to diverse industries such as technology, film, and tourism. Economists project the city’s economic growth rate will be 2.8% in 2024. It is important for businesses to know about the options for shared office space in Vancouver, BC. Coworking spaces offer flexible and affordable options for companies. This flexibility helps businesses grow and connect with other professionals. 9 Benefits of establishing your company in Vancouver Vancouver is more than a beautiful city with a stunning natural backdrop. It’s also a thriving center for business. Here are nine reasons why setting up your company in Vancouver could be a smart decision. 1. Economic powerhouse Vancouver is a top spot for technology and innovation. It attracts a wide range of tech companies, from startups to big names. The city offers a rich pool of talent, good funding opportunities, and a supportive business atmosphere. This vibrant tech ecosystem provides an ideal environment for coworking spaces. They can leverage these resources to offer businesses unparalleled networking opportunities and access to skilled workers. The Port of Vancouver handles about $305 billion in goods with over 170 trading partners. This underscores the city's global economic significance and shows how businesses here will have direct access to global markets and supply chains. 2. Thriving technology sector Vancouver has become a leading center for technology and innovation. It’s proven attractive to major technology companies such as Microsoft, Amazon, Apple, and Hootsuite. This concentration of tech companies provides direct access to potential partners and clients. It fosters an environment ripe for collaboration and knowledge exchange. Vancouver is also now the fastest-growing tech job market in North America, with tech jobs increasing 69% from 2017 to 2022. The city is home to over 1,100 tech companies, making it Canada’s second-largest tech hub. The city's dynamic tech community offers businesses many opportunities to network and access a steady pipeline of skilled talent. 3. Sustainable low-cost advantage Vancouver is committed to sustainability. Focusing on clean energy and emissions reduction gives businesses a cost advantage. The city’s CleanBC Roadmap to 2030 includes efforts to use more renewable energy. Its goal is to have over 98% of Vancouver’s energy coming from sources like hydropower. This clean energy focus allows businesses to reduce energy costs while promoting their environmental responsibility. Additionally, Vancouver's green building standards promote energy-efficient construction and renovation. This can help businesses lower utility costs and operate more sustainably. The city's robust public transit system also reduces commuting expenses for employees. It encourages eco-friendly transportation while helping keep costs lower. 4. Multicultural city Vancouver has a diverse population, which is a big plus for businesses setting up in the city. Its mix of cultures enriches its neighborhoods and cultural events, creating a vibrant social atmosphere that fosters creativity. This diversity can help in product development and worldwide customer service too. With it, businesses can take advantage of a deeper understanding of different markets to ensure their services and products are tailored for different cultures. Diverse teams also bring creativity and better problem-solving, leading to improved business performance. Vancouver’s blend of cultures offers valuable language skills and insights. These can allow businesses to navigate global markets effectively and connect with international clients. 5. Accessible incorporation process British Columbia offers a simple and affordable way to incorporate a business, allowing companies to quickly become legal entities. This gives them access to key benefits like limited liability, continuous operation, and legal protection. The simplicity of this process empowers business owners to focus on growth. It also allows them to capitalize on the abundant commercial opportunities available in Vancouver’s dynamic economy. 6. Gateway to Asia Pacific Vancouver’s location on Canada’s West Coast makes it a key link between North America and Asia. With its diverse population and ties to Asia, Vancouver is ideal for businesses aiming to reach Asian markets. This position offers access to a skilled workforce, unique cultural insights, and a global competitive edge. 7. Innovation hub Vancouver’s welcoming culture, great location, and strong universities make it an innovation hub. The city’s Innovation Hub at Emily Carr University focuses on design solutions. They foster creativity and practical problem-solving. The Innovation Hub at YVR airport actively tests new technologies. This offers businesses the opportunity to collaborate on cutting-edge advancements in travel and logistics. Canada’s Immuno-Engineering and Biomanufacturing Hub at UBC advances medical technology, driving progress in healthcare. These initiatives show Vancouver’s commitment to medical and technological advancements. They provide a fertile ground for businesses to innovate and grow. 8. Emergence as a center for global business Vancouver is growing as a center for global business services, attracting international companies to establish global or regional service centers. The city offers a strategic location, high quality of life, and a skilled multilingual workforce. It also serves as a gateway to the Asia-Pacific region, helping companies connect with overseas markets. But it is becoming important for industries like forestry, tech, mining, and finance. This shows its potential to grow into a major business capital. 9. Entertainment and culture in Vancouver Vancouver is famous for its exciting entertainment and cultural scene. It has top venues like the Orpheum Theatre and a lively music and comedy scene on Granville Street. These options help companies entertain clients, attract talent, and support employee work-life balance. Vancouver also has a great food and nightlife scene. It’s perfect for dining with clients or relaxing after work, offering businesses a unique blend of professional and recreational opportunities. How much are coworking memberships in Vancouver? Coworking spaces in Vancouver are often cheaper than in Toronto or Markham. For example, a basic desk in Vancouver costs about CAD 79 per hour. In Toronto or Markham, the same space costs about CAD 125 per hour. This makes Vancouver a good option for businesses trying to save money. The best coworking spaces in Vancouver There are many options for shared workspace in Vancouver to suit different businesses. These shared workspaces appeal to any company seeking a flexible and collaborative environment. Entrepreneurs, startups, and larger businesses can find a professional home base here. Here are 10 shared offices in Vancouver to consider. Best coworking space for startups in Vancouver - 550 Robson Street 550 Robson Street is the ideal coworking space for startups seeking a vibrant, adaptable environment. This center offers coworking spaces in Kitsilano, close to Downtown Vancouver, and provides quick access to key business areas and transport links. This puts startups in the heart of Vancouver's business ecosystem. After work, enjoy a variety of restaurants, bars, and cultural attractions nearby. This spot is ideal for businesses that need professional space that can adapt to their needs. Highlights include Collaborative breakout areas Business lounge Fully equipped meeting rooms Information about 550 Robson Street Location: 550 Robson Street, Vancouver, BC V6B 2B7 Starting cost: Prices available upon request Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: NB Seymour St @ Robson St Bus Stop (a one-minute walk away), WB Robson St @ Granville St Bus Stop (a one-minute walk away), and Vancouver City Centre Metro Station (a three-minute walk away) Best coworking space for networking in Vancouver - Park Place Park Place is a standout 35-story building in Vancouver’s financial district. This prestigious address sits opposite the train station, offering excellent accessibility. Nearby eateries and amenities provide perfect spaces to meet with clients. Its floor-to-ceiling windows fill the space with natural light, creating an inspiring work environment. This shared office in Vancouver enjoys easy access to key business districts, making networking convenient. Highlights include Gym and fitness room Disabled facilities On-site lunch restaurant Information about Park Place Location: 666 Burrard Street, Vancouver, BC, V6C 3P6 Starting cost: From CAD 365 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: Burrard Metro Station (a one-minute walk away), SB Howe St @ Dunsmuir Bus Stop (a one-minute walk away), and Burrard Stn Bay 7 Bus Stop (a one-minute walk away) Best coworking space for remote workers in Vancouver - Green Lamp Green Lamp offers coworking office space in Vancouver’s lively downtown area. This flexible workspace combines modern design with functionality. It features floor-to-ceiling windows, glass floors, and sophisticated décor. The location is perfect for professionals looking to balance work and leisure. It is in a dynamic business and cultural district. There is easy access to museums, galleries, and vibrant nightlife. Its central location also provides easy access to transportation. It is ideal for businesses seeking a professional yet flexible workspace in downtown Vancouver. Highlights include On-site parking Lounge area Outside seating area/terrace Information about Green Lamp Location: 410 West Georgia Street, Vancouver, BC, V6B 1Z3 Starting cost: From CAD 329 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: WB W Georgia St @ Homer St Bus Stop (a one-minute walk away), NB Seymour St @ W Georgia St Bus Stop (a four-minute walk away), and Vancouver City Centre Metro Station (a five-minute walk away) Best coworking space for small teams in Vancouver - 151 West Hastings Street 151 West Hastings Street features flexible coworking space in the historic district of Gastown. The Romanesque building combines historical charm with modern workspace amenities, providing small teams with an inspiring environment that meets their needs. A beautiful rooftop deck complements shared desks and equipped meeting rooms. These offer versatile spaces where small teams can collaborate effectively and meet with clients. It’s close to the Waterfront Station, making it easy to travel across the city. This business hub is near trendy boutiques and gourmet restaurants, providing ideal spots for leisure and client entertainment. Its central downtown location allows small teams to easily connect with potential partners and clients in this vibrant business hub. Highlights include Showers Bicycle storage Outdoor seating area/terrace Information about 151 West Hastings Street Location: 151 West Hastings Street, Vancouver, BC V6B 1H4 Starting cost: From CAD 375 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: EB W Hastings St @ Abbott St Bus Stop (a one-minute walk away), EB W Cordova St @ Homer St Bus Stop (a one-minute walk away), and Waterfront Station (an eight-minute walk away) Best coworking space for entrepreneurs and freelancers in Vancouver - 1090 Homer Street You’ll find 1090 Homer Street in Yaletown, Vancouver’s trendy former warehouse district. This workspace boasts red brick and wood beams combined with modern interiors. This blend of historical charm and contemporary design creates a distinctive environment that attracts many entrepreneurs and freelancers. This location is easy to reach. There are local buses, the Skytrain, and Seabus stops nearby, making commuting straightforward. The open-plan communal areas encourage collaboration, while the on-site café and nearby restaurants and bars provide perfect venues for celebrating after work. Highlights include Disabled facilities On-site lunch restaurant Business lounge Information about 1090 Homer Street Location: 1090 Homer Street, Vancouver, BC V6B 2W9 Starting cost: From CAD 445 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: Yaletown-Roundhouse Subway Station (a four-minute walk away), SB Cambie St @ Nelson St Bus Stop (a five-minute walk away), and NB Seymour St @ Nelson St Bus Stop (a five-minute walk away) Most accessible coworking space in Vancouver - MNP Tower The MNP Tower is an award-winning waterfront building in Vancouver. This prestigious location offers stunning views of the mountains and the harbor. It combines a historic University Club façade with airy light-filled interiors, creating an inspiring work environment. This coworking office in Vancouver is near Highway 99, train stations, the Seabus, and Harbour Airport. This makes MNP Tower one of the most accessible workspaces in Vancouver. There’s an on-site restaurant, plus bars, cafes, and fitness facilities at the nearby Oxford Place. Other features include secure underground parking and a sandwich service, ensuring professionals have everything they need for a productive workday. Highlights include Disabled facilities Secure underground parking Outside seating area/terrace Information about MNP Tower Location: 1021 West Hastings Street, Vancouver, BC V6E 0C3 Starting cost: Prices available upon request Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: WB W Pender St @ Burrard St Bus Stop (a two-minute walk away), Burrard Metro Station (a four-minute walk away), and Waterfront Rail Station (a six-minute walk away) Coworking space with the best transport options in Vancouver - RBC Canada Building The RBC Canada Building offers coworking space in Downtown Vancouver that is ideally situated for professionals prioritizing convenient transport. Key transport locations like the Granville, Burrard, and Vancouver City Centre Stations are nearby. These offer direct access to the city's major neighborhoods. The building features a striking seven-story glass atrium and is steps away from the Pendulum Gallery, providing an inspiring environment. Close to diverse dining and shopping options, this space is also near the waterfront. This makes it perfect for client entertainment or taking a break to enjoy the scenic views. With exceptional transport connectivity, this space for coworking in Vancouver makes commuting and city navigation effortless. Highlights include On-site sandwich/coffee bar Gym and fitness room Secure underground parking Information about RBC Canada Building Location: 885 West Georgia Street, Vancouver, BC V6C 3E8 Starting cost: Prices available upon request Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: Burrard St at W Georgia St Bus Stop (a two-minute walk away), Vancouver City Centre Metro Station (a three-minute walk away), and Granville Metro Station (a six-minute walk away) Coworking space with the best parking in Vancouver - CF Pacific Centre The CF Pacific Centre is a prominent building in downtown Vancouver’s business district. Strategically located between two Skyline stations, it provides convenient access to local areas and the wider city. Its secure underground parking is available to all tenants. This offers a convenient solution for those commuting by car, ensuring peace of mind and easy access. On the 15th floor, the coworking space features inspiring city views, ergonomic furniture, and fast WiFi in a stylish, ready-to-use environment. Nearby, you'll find a variety of shops, restaurants, and public transportation options, creating a balance between work and leisure. This workspace fosters a collaborative environment where professionals can network and build connections. It’s an ideal setting for businesses seeking a central coworking space with secure, hassle-free parking. Highlights include Secure underground parking Outside seating area/terrace On-site lunch restaurant Information about the CF Pacific Centre Location: 701 West Georgia Street, Vancouver, BC V7Y 1G5 Starting cost: Prices available upon request Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: Vancouver City Centre Metro Station (a one-minute walk away), West Georgia Street & Seymour Street Bus Stop (a one-minute walk away), and Granville Metro Station (a four-minute walk away) Most affordable coworking space in Vancouver - 1500 West Georgia 1500 West Georgia is a landmark building minutes from Vancouver’s financial district. This 13-floor office space enjoys stunning views of Stanley Park, Coal Harbour, and English Bay. The picturesque backdrop inspires creative thinking. Starting at CAD 55 per day for a desk, this coworking space is one of the most affordable options in Vancouver. It’s an economical choice for businesses seeking a prime downtown location. Nearby restaurants, bars, and hotels make this location ideal for hosting clients. Its prime downtown address makes 1500 West Georgia a top choice for affordable coworking. Highlights include Business lounge Gym and fitness room Showers Information about 1500 West Georgia Location: 1500 West Georgia, Vancouver, BC V6G 2Z6 Starting cost: From CAD 309 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: EB W Georgia St @ Cardero St Bus Stop (a one-minute walk away), WB W Georgia St @ Cardero St Bus Stop (a one-minute walk away), and WB Robson St @ Cardero St Bus Stop (a three-minute walk away) Best coworking space for larger companies in Vancouver - Robson Square Robson Square is adjacent to the Vancouver Art Gallery and popular hotels and boasts a prestigious address perfect for larger companies. The building’s modern, ergonomic furniture, fast WiFi, and light-filled workspaces cater to the dynamic needs of big teams. Its striking 20-story glass tower leaves a lasting impression, underscoring a professional and sophisticated environment. On-site meeting rooms pair with nearby cafes like Bellagio and Artigiano for convenient spots for informal discussions and coffee breaks. This location is ideal for large companies seeking a collaborative and professional environment. It promotes teamwork and networking in the heart of Vancouver’s business district. Highlights include On-site parking Bicycle storage Showers Information about Robson Square Location: 777 Hornsby Street, Vancouver, BC V6Z 1S4 Starting cost: From CAD 405 per month Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members Nearby transport links: SB Burrard St @ W Georgia St Bus Stop (a two-minute walk away), Howe & Robson Bus Stop (a two-minute walk away), and Vancouver City Centre Metro Station (a five-minute walk away) Discover coworking offices in Vancouver with Regus Growing your business in Vancouver starts with finding the right office space for your needs. You can choose from lively coworking spaces or private offices for a steady home base. At Regus, each option comes with all the essentials your business needs. Find the best coworking space in Vancouver to boost your business by getting in touch today.
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27th August 2024

A Guide to Coworking in Calgary

A Guide to Coworking in Calgary For businesses of all types, coworking in Calgary offers the benefits of a thriving metropolitan city in a safe, friendly, and relaxed environment. Combining this with its booming economy, desirable location, low taxes, and entrepreneurial spirit, it’s no wonder many businesses are calling the largest city in Alberta home. Recently, there has been a significant shift towards more flexible and collaborative work environments. Thanks to evolving work trends, such as remote and hybrid working schemes, there is a growing demand for coworking spaces in Calgary. The city has embraced this shift, offering alternative office spaces that accommodate changing work patterns and an increase in professional collaboration. Along with the advantages of living in a city like Calgary, more people are choosing to embrace shared workspaces to start or grow their businesses in these modern and fast-moving times. In this article, we look at why Calgary is an ideal location for shared office options. We also share details of some of the best office spaces that Regus offers. Geography of Calgary Calgary was ranked as the third most liveable city in the world in 2022. The city is unique, thanks to opportunities, low cost of living, low taxes, as well as its proximity to the Rockies. Calgary is a city booming with job potential. It’s home to 118 of Canada’s largest corporate headquarters, a growing film industry, and is the center of Canada’s oil and gas industry. The city’s also becoming known as a tech hub, with big names such as Amazon, Google, and IBM setting up shop. Some of the top employers in Calgary include: Calgary West Central Primary Care Network Imperial Oil Limited Suncor Energy Canadian Pacific Railway University of Calgary Shaw Communication Enbridge Inc. Western Financial Group Inc. Calgary’s neighborhoods are connected via an extensive urban pathway and bike network. This makes it convenient to explore the city by walking, cycling, or even jogging. For public transport, affordable and accessible options include a light rail train system and plenty of bus routes. The innovative Plus 15 Skywalk is great for traveling around the city during winter. This impressive indoor walkway spans almost 10 miles and is the largest covered skywalk in the world. There are also close to 20,000 acres of parks and green spaces to discover. This allows for lots of opportunities to enjoy a spot of nature without having to leave Calgary itself. 7 Benefits of establishing your company in Calgary According to a report by Statistics of Canada, Calgary is among the top five cities in the country for business optimism. It’s suggested that business expectations are rising, thanks to provincial growth and fewer closures. Other factors include increased access to the capital, fewer business closures, and a growing consumer base. The results show the city is transforming into an exciting business hub, as it’s being seen as a magnet for investment, talent, and opportunity. A report by Calgary Economic Development conducted in 2023 found that 61% of workers agreed it’s a good place to build a career. Below, we’ll explore some more of the benefits of establishing your company here, and why coworking in Calgary could be the solution you’ve been looking for. 1. Stable economy and low taxes Low tax rates are among the main factors driving business owners and entrepreneurs to start or grow a business in Calgary. Canada in general boasts one of the lowest tax rates globally at 15%. Alberta also has the lowest corporate income tax rate in Canada at 8% and only 5% Federal Goods and Services Tax. This makes coworking in Calgary attractive to both locals and foreigners. Calgary has a lower cost of living compared to most other cities in Canada, with the biggest factor being the cheaper housing and rental prices. Not only that, it also ranks among the top cities across Canada for healthcare, entertainment, culture, and stability. 2. Supportive business environment Calgary offers a supportive business environment for companies of all sizes, with access to a cost-competitive market and improved capital. The SME market is thriving, and the concentration of these businesses in the city has increased over the last five years. Alberta in general offers one-to-one business support programs, which offer business owners a dedicated point of contact. This assistance provides entrepreneurs access to a wealth of benefits, resources, and expert guidance. It’s a city that embraces small businesses. Around 95% of enterprises, from agriculture and tech to financial services and the energy sector, are classed as such. 3. Growing digital transformation If you want to expand your tech business, Calgary is a great place to help make it happen. More than $2.5 billion in venture capital funding has been invested in Alberta companies since 2019, according to data from the Canadian Venture Capital & Private Equity Association. Over the past five years, Alberta technology companies have secured more than $2.7 billion in venture capital funding across 350 deals. This has led to the creation of thousands of jobs and opportunities within the tech industry. The city’s digital transformation is expected to grow, indicating a strong investment in technology and innovation within the business community. 4. Diverse and varied economy Although branded an oil and gas town, Calgary has grown across various industries. These include real estate, agribusiness, financial services, and the creative sectors. Thanks to Alberta’s hub as an agricultural leader, agribusiness is an expanding industry in Calgary. It’s becoming a leader in several aspects, such as primary production, protein development, animal health, agriculture technology innovation, and food safety. As such, Calgary is a leader in Canadian and global food and technology suppliers. The strong financial sector is also driving the growth of fintech firms across the city. Due to its capital-intensive companies, high-deal velocity, foreign investments, and individual wealth, it’s an attractive market for businesses that specialize in finance. 5. Economic growth leader Calgary offers opportunities for all to build the career of their dreams. This is due to industry-leading companies and a diverse economy that promotes a stable and growing business environment. According to the Conference Board of Canada, Calgary remains an economic growth leader, which experienced resilient economic growth in 2023. This was supported by robust crude oil production, exports in the province, strong energy sector cashflows, solid consumer spending, and residential investment. Calgary is expected to experience notable GDP growth over the years, underlining its economic vitality. 6. Entrepreneurial spirit Calgary is also a hub of entrepreneurial spirit, making coworking a great option for any start-up. It’s an innovative city and is the first and only municipality in Canada to allow small businesses to start entirely online. Despite the challenges of the pandemic, the city has retained high levels of business that have begun locally. Calgary also has one of the highest rates of self-employment in Canada, making it a top destination for entrepreneurs. The city also champions the growth of new businesses. The Opportunity Calgary Investment Fund was set up to distribute $100 million to companies supporting innovation in critical sectors. 7. Entertainment and culture in Calgary When it comes to looking for a shared office in Calgary, you couldn’t find yourself among friendlier people. According to Conde Nast Traveler’s 2023 Reader’s Choice, Calgary is the friendliest city in the world, coming ahead of places like Dublin and even Quebec. It’s also the third most diverse city in Canada, with 120 languages spoken. The city’s eclectic and vibrant mix of restaurants, galleries, museums, and theaters enriches Calgary’s cultural scene, attracting creative enthusiasts from across the globe. With renowned festivals and events, including the Calgary International Film Festival, Calgary Folk Music Festival, and the Calgary Stampede, it's a city packed with plenty of entertainment events throughout the year. If you’re a food lover, then Calgary is the place to be, thanks to its variety of award-winning restaurants and multicultural dining spots. There are also more than 40 unique breweries scattered throughout. This, combined with the wealth of parks, bars, and other networking hotspots, makes it a great city for those looking to set up a business, entertain clients, and get to know other professionals. How much are coworking memberships in Calgary? Coworking space in Calgary depends on several factors. Due to Calgary's low cost of living, you can expect to pay less for these spaces than in other major cities. A shared office in Calgary can start as low as CAD 255 to CAD 385 per month, whereas in larger cities like Toronto and Montreal, these can cost up to CAD 545. With flexible terms and amenities included, such as WiFi and furniture taken care of, coworking in Calgary is a strong choice for anyone looking to improve their business productivity. The best coworking spaces in Calgary At Regus, we have a wide variety of shared office space for rent in Calgary, available in prime areas of the city. Enjoy working alongside other professionals and using state-of-the-art facilities via hot desking options, open-plan workspaces, or renting a desk in a shared office. Below, we discuss some of the best workspace solutions in Calgary, so you can choose what’s right for you. Best coworking space for startups in Calgary - 903 8th Avenue SW Located in the heart of Calgary’s business district, 903 8th Avenue SW offers coworking in Calgary in a contemporary location that’s also conveniently close to nearby bus stops. The sleek and modern style of this business center boasts break-out areas, meeting rooms, and shared office space. The floor-to-ceiling windows allow natural light to flood in, and the on-site café and gym offer the opportunity to take a break and reflect on your work. When you’re finished for the day, you can head out into Downtown Calgary and enjoy the vibrant culture, entertainment, and restaurant scene. Highlights include: Break-out areas Major transport links Meeting rooms Information about 903 8th Avenue SW Location: 903-8th Ave SW, Calgary, AB, T2P 0P7 Starting costs: From CAD 255 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: NB 8 St SW Bus Stop (a one-minute walk away), EB 9 AV SW Bus Stop (a four-minute walk away), 8th Street SW Light Rail Station (a six-minute walk away) Best coworking space for networking in Calgary - Bankers Hall Connected to other major offices through the Plus 15 skywalk network, Bankers Hall is an ideal spot for enjoying the perks of coworking in Calgary. Network with multinationals in the energy industry and beyond with break-out areas, meeting rooms, and a stylish business lounge. The modern, well-lit office allows you to rub elbows with other professionals or meet up with clients, thanks to its excellent location close to bus and train links. When you need a little downtime, you can take advantage of the on-site gym or go for a walk in Prince’s Island Park on the Bow River. Highlights include: Vending machines Break-out areas Business park location Information about Bankers Hall Location: 888 3rd Street, Calgary, AB, T2P 5CS Starting costs: From CAD 349 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: EB 3 St SW Train Station (a one-minute walk away), EB 9 Av SW Bus Stop (a two-minute walk away), NB 1 St SW Bus Stop (a six-minute walk away) Best coworking space for remote workers in Calgary - TELUS Sky Impress clients, network with other professionals, and make your mark from TELUS Sky. This stunning, modern office located within a 59-storey skyscraper is a focal point of Downtown Calgary. As you work, you’ll find inspiration from the beautiful views of the city, thanks to the floor-to-ceiling windows. This is the ideal shared office space for remote workers, as you can rent a dedicated desk, opt for day coworking, or enjoy a coworking membership. Enjoy patios on each floor, an 11-story living wall, health food vendors on-site, and an exclusive fitness facility. Highlights include: Major transport links Business lounge Break-out areas Information about TELUS Sky Location: 685 Centre Street SW, Calgary, AB, T2G 5P6 Starting costs: From CAD 385 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: EB 7 Ave SW Bus Stop (a one-minute walk away), WB 1 Street SW Train Station (a one-minute walk away), WB 6 Ave SW Bus Stop (a two-minute walk away) Best coworking space for small teams in Calgary - 6815 8th Street If you want a professional, convenient, and stylish shared workspace in Calgary for your small team, look no further than 6815 8th Street. Just a five-minute commute from Calgary International Airport and close to several public transport links, this contemporary office space is great for meeting up with co-workers and clients. The bright and modern design of 6815 8th Street offers fully equipped meeting rooms, break-out areas, coworking spaces, and private offices, so you can work together or independently. Away from the hustle and bustle of Downtown Calgary, you’ll find relaxing spots in the office when you need a little downtime. Take a break in the inner atrium and garden, complete with plants, natural light, and furniture so you can recharge before getting back to what’s important. Highlights include: Major transport links Meeting rooms Break-out areas Information about 6815 8th Street Location: 6815-8th Street NE, Calgary, AB, T2E 7H7 Starting costs: From CAD 339 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: NB 8 St NE Bus Stop (a one-minute walk away), SB 8 St NE Bus Stop (a two-minute walk away), WB 64 Av NE Bus Stop (an eight-minute walk away) Best coworking space for entrepreneurs and freelancers in Calgary - Calgary Place For freelancers and entrepreneurs, a shared office in Calgary offers the opportunity to work on your business, network with other professionals, and be free from the distractions of working from home. Calgary Place, situated in the buzzing business district, is a dynamic location set within two towers. You’ll find a bright interior with an on-site coffee shop, client parking, and a comfortable lounge area for relaxed meetings. When you’re finished for the day, head outside and enjoy the wide range of restaurants, bars, and cafés that are just a short walk away. Highlights include: Meeting rooms Parking On-site lunch restaurant Information about Calgary Place Location: 330 5th Avenue SW, Calgary, AB, T2P 0L4 Starting costs: From CAD 349 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: EB 5 Ave SW Bus Stop (a one-minute walk away), WB 4 Av SW Bus Stop (a three-minute walk away), EB 3 Street SW Train Station (a four-minute walk away) Most accessible coworking space in Calgary - Canada Trust Canada Trust is located in the heart of the Core, the city’s commercial hub. This iconic 53-storey skyscraper offers stunning views across the city. Inside, you’ll find light and contemporary offices, break-out areas, and coworking spaces. All are fully equipped so you can concentrate on growing your business with everything you need. You’ll also find excellent transport links right outside, with the nearby C Train station and plenty of bus stops running throughout. This allows quick and easy access to and from your office space, while local shopping and dining hot spots make for ideal post-work activities. Highlights include: 24-hour CCTV monitoring Business lounge Disabled facilities Information about Canada Trust Location: South West, Calgary, AB, T2P 4K9 Starting costs: From CAD 309 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: NB 4 St SW Bus Stop (a one-minute walk away), WB 4 Street SW Train Station (a one-minute walk away), SB 5 St SW (a four-minute walk away) Coworking space with the best transport options in Calgary - Crowfoot Centre If you’re looking for coworking space in Calgary that offers some of the best transport options, the environmentally-friendly Crowfoot Centre offers just what you need. Catch up with co-workers, hold meetings, and take advantage of the impressive videoconferencing studio in this certified green office. You’ll find accessible road, bus, and rail links to the city center, as well as the Crowfoot Mall across the street. You can relax and recharge on the private terrace when you’re not working in the many office and hot desk spaces that are available. Highlights include: Business lounge Break-out areas Secure underground parking Information about Crowfoot Centre Location: 600 Crowfoot Crescent North West, Calgary, AB, T3G 0B4 Starting costs: From CAD 349 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: NB Crowfoot CR Bus Stop (a one-minute walk away), WB Crowfoot CR Bus Stop (a two-minute walk away), Crowfoot Train Station (a 12-minute walk away) Coworking space with the best parking in Calgary - One Executive Place One Executive Place is a flexible working hub minutes from the city’s university and is ideal if you’re commuting to your shared office in Calgary by car. Set within a business park, the modern blue glass of the building’s exterior sets the tone for the internal environment. If you’re entertaining clients or investors, there’s a convenient on-site restaurant and coffee bar. When the weather is on your side, head to the outdoor patio for something more informal. There is also a comfortable lounge, break-out areas, and meeting rooms to work in. Once you’ve finished for the day, or if you need a break, there’s a nearby park to take a stroll around. Highlights include: 24-hour CCTV monitoring Business lounge Business park location Information about One Executive Place Location: 1816 Crowchild Trail North West, Calgary, AB, T2M 3Y7 Starting costs: From CAD 299 per month Opening hours: 24/7 for Private Offices and Dedicated Desks; Memberships access during reception hours Nearby transport links: Banff Trail Train Station (a seven-minute walk), WB 16 Av NW Bus Stop (an 11-minute walk) Discover coworking offices in Calgary with Regus With the boom of remote jobs and the rise of flexible working arrangements, coworking spaces in Calgary have never been so popular. If you’re keen to explore the benefits of working in this thriving city, now is a great time to explore the many options of a shared office space in Calgary. To discover more about how Regus could help you find what you need, contact our expert team today, who will be happy to answer any questions you have.
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20th August 2024

A Guide to Office Space in Edmonton

A Guide to Office Space in Edmonton Many businesses rent office space in Edmonton to enjoy the city’s prosperous economy and business environment. Here, they can connect with entrepreneurs, investors, mentors, and resources to help them scale. Edmonton sits alongside the North Saskatchewan River in the middle of Alberta, 300 km north of Calgary. This central location offers connections across Canada, positioning the city for economic success. No matter your sector, understanding your local office space options is essential to selecting the best workspace for you. Fortunately, whether you need a large or small office space in Edmonton, the city offers workspaces of all kinds. Geography of Edmonton Edmonton is the capital of Alberta, the Canadian province famous for its natural beauty and high standard of living. A little smaller than Calgary, it’s Alberta’s second-largest city and the fifth-largest city in Canada. Edmonton sits in the middle of Western Canada, with easy access to cities like Calgary and Banff. As a result, Edmonton offers a strategic location for business. Historically, Edmonton’s riverside position made the area a hotspot for the fur trade. From the early 1900s, the city developed its network of railways, roads, oil and gas pipelines, and an international airport. Today, many of its industries, from energy to technology, enjoy continued growth. Key business areas to rent office space in Edmonton When exploring offices for rent in Edmonton, you’ll need to choose an area to base your business. These districts can all make strategic options: Downtown Edmonton: As the central business district, organizations in all industries prosper here. Downtown also encompasses the Arts District, meaning many creative businesses choose this area. West Edmonton: There is plenty of office space for rent in West Edmonton. This desirable neighborhood houses the famous West Edmonton Mall, not to mention many other booming retail areas. South Edmonton: The office spaces for rent in South Edmonton are especially popular with creative businesses. The artistic, trendy district attracts many young people as it’s home to the University of Alberta’s South Campus. Oliver: A particularly dense district, this neighborhood positions businesses in a buzzing environment. Shops, restaurants, and other amenities make Oliver popular with organizations in several niches. Boyle Street: A historic corner of Edmonton, this neighborhood is undergoing extensive redevelopment. As such, the future is promising for this ethnically diverse district. All of these neighborhoods are ideal places to rent office space in Edmonton. Bus and light rail connections make getting between each and the city center easy. 5 businesses based in Edmonton Numerous organizations contribute to Edmonton’s reputation as a business powerhouse. Five of the most prominent include: EPCOR: This utility company provides clean water and reliable energy to communities throughout the U.S. and Canada. The City of Edmonton is its sole shareholder. The Canadian Western Bank: The CWB provides financial services across Edmonton. These specialist services support both businesses and individuals. Imperial Oil: This petroleum refining company runs its Strathcona refinery in Edmonton. The refinery generates products for use across Canada and the Northern U.S. Graham Group: Graham Edmonton has built landmark projects and developments across the city for decades. The company specializes in transportation and civil infrastructure construction. Enbridge: This energy delivery company is a significant provider of natural gas to the US. Edmonton hosts Enbridge’s liquids pipelines head office. With a wealth of different business spaces for rent in Edmonton, it’s possible to find an office that positions you among companies like these. Why you should rent office space in Edmonton Edmonton serves as a major economic center for Alberta. A hotbed for business, education, and government, the city has become popular with companies of all sizes. In 2021, Edmonton launched its Economic Action Plan. This 10-year framework nurtures an inclusive, vibrant, sustainable economy. At the heart of this plan, Edmonton supports new and established companies so they can open new jobs. The plan also aims to create an agile business environment with fewer regulatory processes. The Economic Action Plan is far from the only scheme that supports businesses in Edmonton. Others also cultivate success for local companies. Examples include the Edmonton Regional Innovation Network and the Alberta Scale-up Program. Here are seven more reasons to rent office space in Edmonton. 1. Economic diversity Known as the “Oil Capital of Canada,” Edmonton has led the country’s energy sector for decades. That said, the city’s growing population and business support initiatives have led to the rise of many other sectors, such as: Manufacturing Technology and AI Finance Life sciences The development of these industries has supported Edmonton’s flourishing economy. As a result, the city has become a significant business hub in Canada. Its GDP outperforms many other Canadian cities. 2. Global recognition Edmonton enjoys worldwide recognition for its vibrant festivals, celebrated food scene, and picturesque green spaces. Renowned events like the Edmonton International Jazz Festival and the Edmonton International Street Performers Festival draw visitors globally. These are just a couple of the many festivals that showcase the city's creative energy. Edmonton’s award-winning food scene comes to life at these festivals, with green onion cakes being one of the staples. These savory cakes are crispy on the outside, chewy on the inside, and dotted with scallions. Then there are expansive parks like Mill Creek Ravine and Victoria Park, which offer tranquil respites within the urban landscape. This blend of cultural excitement and natural beauty creates a desirable lifestyle, attracting entrepreneurs from around the world. 3. Small business support Given Edmonton’s huge level of support for entrepreneurs, thousands of small businesses thrive in the city. In 2022, 94.5% of the area’s organizations were small businesses. These smaller organizations have remained the backbone of the local economy and have continued to thrive. The city’s supportive infrastructure for small businesses enabled them to find further success. Now, many entrepreneurs continue to launch ventures in Edmonton. Each benefits from the city’s business-friendly economic environment. Edmonton's low corporate taxes, lack of provincial sales, capital, and payroll taxes, and minimal gasoline tax create a highly favorable environment for businesses. This exceptional support network makes Edmonton ideal for entrepreneurs and provides a strong foundation for commercial success. As a result, the demand for office space for rent in Edmonton reflects the confidence businesses have in the city's long-term growth and stability. 4. Prime location As Edmonton is a prime location for business opportunities, many entrepreneurs move here. The city’s diverse and growing economy makes Edmonton a premier location for business owners and investors. There are many large and small office spaces for rent in Edmonton to meet the demand for entrepreneurs looking to set up here. 5. Educational and governmental hub Edmonton is perhaps most famous for serving as Alberta's petrochemical powerhouse. That said, the city has also become a center for education and government activities. Both contribute to Edmonton’s stable and vibrant economy. Edmonton’s universities and colleges Edmonton is brimming with reputable universities and colleges, including the University of Alberta and MacEwan University. As of 2024, the University of Alberta is the world’s fourth-highest-ranking institution for computer science. It’s also the top-ranking university for computer science in Canada. By extension, it’s no surprise that Google’s DeepMind selected the Edmonton region for its first international hub. Other companies that have set up here to capitalize on Edmonton’s tech talent include IBM, Volkswagen, and Toyota. Companies that rent office space in Edmonton can position themselves to make the most of local talent too. Edmonton’s government support for businesses Edmonton’s government offers vast support to businesses. As such, the city is an attractive prospect for many entrepreneurs. A one-to-one business support program sits at the heart of the government’s aid for companies. Many local organizations benefit from this gateway program. The initiative supports entrepreneurs who are planning to set up a business in Edmonton. The program walks entrepreneurs through the process of launching a business. It also offers grants to help with financing a venture. The program has supported 3,300 business owners between 2016 and 2023 and continues to guide new founders today. The grants available as part of the program are just some of the government opportunities available to companies. Some funds support culture in Edmonton’s communities. Other funds support organizations in designated Business Improvement Areas. In these areas, companies pool their resources to collectively develop the local economy. 6. Travelling for business in Edmonton Travelling for business is easy in Edmonton. Buses and Edmonton Transit Service light rail connections run throughout the city. Regular commuters can save money by purchasing a day pass for these. Those who prefer to immerse themselves in the city can hire electric scooters from Bird Scooters or Lime Scooters. Both have drop-off points across Edmonton. Those traveling further afield can catch flights from Edmonton International Airport. The Skyshuttle and Route 747 buses offer convenient links to the airport. 7. Edmonton culture Edmonton boasts a youthful, diverse culture with a unique blend of experiences. From the vibrant Fringe Theatre Festival to the globe's largest multicultural celebration, there's always something exciting happening. For outdoor enthusiasts, Edmonton offers stunning natural wonders like the Northern Lights at Elk Island National Park. Edmonton and the surrounding province are also particularly community-focused. 80% of Albertans do some kind of volunteer work. How much is it to rent office space in Edmonton? Regus office spaces in Edmonton are cost-effective, ranging from CAD 255 to CAD 315 per person per month over a 24-month contract. These prices come in below the prices for other business-centric cities in Canada. For example, our Vancouver offices range from CAD 365 to CAD 579. Our Toronto offices range from CAD 245 to CAD 615. Businesses can save on their Edmonton office rentals with our flexible contracts. These contracts allow you to rent your workspace however you like, whether that’s by the hour or by the year. Another option is to select one of the small offices for rent in Edmonton. Opting for a smaller workspace can be an effective way to save on rental costs. Office space for rent in Edmonton Businesses looking to rent office space in Edmonton can explore these four fully outfitted centers across the city. Whether you need coworking spaces or hope to secure one of the single office spaces for rent in Edmonton, these options will allow you to work your way. 1. 98 Avenue 98 Avenue provides Edmonton office space that professionals all over the city can access. Several commuter options reach this center, which is adjacent to the Parliament Building. Inside, professionals enjoy open-plan shared or private offices, which offer inspiring cityscape views. Despite the busy city-center location, professionals can relax after work at the local, tranquil River Valley Park. Highlights include: Gym with hot tub Bicycle storage On-site parking Information about 98 Avenue Location: 10611 98 Avenue NW, Edmonton, AB, T5K 2P7 Starting costs: From CAD 255 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Corona Light Rail Station (an eight-minute walk away), Government Centre Light Rail Station (a nine-minute walk away), and Bay Enterprise Square Light Rail Station (a 12-minute walk away) 2. Manulife Place Manulife Place offers a great solution for those looking to rent office space in Edmonton. As the tallest building in the city, Manulife Place is the most striking and recognizable building in the city. An office here can set your business apart as one of those operating in the iconic 36-story skyscraper. The spacious office center sits amid a wealth of restaurants, making it ideal for hosting clients or colleagues. Highlights include: Sandwich/coffee bar Gym and fitness room Vending machines Information about Manulife Place Location: 10180 101 Street, Edmonton, AB, T5J 3S4 Starting costs: From CAD 265 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: 102 Street Stop Light Rail Station (a one-minute walk away), Churchill Connector Light Rail Station (a five-minute walk away), and Bay Enterprise Square Light Rail Station (a six-minute walk away) 3. First Edmonton Place Professionals can move into ready-to-use workspaces at First Edmonton Place. This all-glass building offers a prestigious location, and each office overlooks the bustling city. The office center sits among copious restaurants and bars, ideal for relaxing post-work. Highlights include: Lounge area Secure underground parking Videoconferencing facilities Information about First Edmonton Place Location: 10665 Jasper Avenue, Edmonton, AB, T5J 3S9 Starting costs: From CAD 315 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Corona Light Rail Station (a one-minute walk away), Bay Enterprise Square Light Rail Station (a five-minute walk away), and Government Centre Light Rail Station (a 12-minute walk away) 4. 51 Avenue Professionals planning to rent office space in Edmonton will find a serious contender in 51 Avenue. An impressive foyer leads into the classical-style center. Here, professionals will find an abundance of open-plan workspaces and private offices. This office center enjoys a quieter location just outside the city center. Multiple bus connections make it easy to access the city action when needed. Highlights include: Collaborative break-out areas Fully equipped meeting rooms Workspaces of all sizes Information about 51 Avenue Location: 9426 51 Ave NW #2nd, Edmonton, AB, T6E 5A6 Starting costs: From CAD 285 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: 93 Street & 51 Avenue Bus Stop (a four-minute walk away), 94 Street & 51 Avenue Bus Stop (a four-minute walk away), and 97 Street & 51 Avenue Bus Stop (a five-minute walk away) Explore Edmonton office spaces with Regus When you’re ready to rent an office space in Edmonton, Regus can help you find the best workspace solution for your needs. Choose a private office for focused work, whether solo or with your team. If you prefer a more collaborative environment, our shared offices offer both dedicated desks and hot desking. For client meetings, interviews, and other events, book one of our professional meeting rooms, fully equipped for your needs. To get started with finding your Edmonton office, inquire with Regus today.
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20th August 2024

A Guide to Office Space in Winnipeg

A Guide to Office Space in Winnipeg As Manitoba's economic and cultural heart, Winnipeg is an attractive area for many entrepreneurs. Countless businesses seek office space in Winnipeg, as the area boasts all the benefits of a large city while enjoying a small-town feel. A wide variety of businesses and industries enjoy affordable workspaces in the city. To help accommodate this, Regus offers several office solutions in Winnipeg, each suiting companies of different sizes. Geography of Winnipeg Winnipeg sits at the meeting point of the Red River and Assiniboine River, 95 km north of Minnesota and 65 km southwest of Lake Winnipeg. In 1885, Winnipeg opened the Canadian Pacific, the country’s first transcontinental railroad. Thanks to this railway, the city soon became the Prairie Provinces’ major grain market. It also became a go-to warehousing and distribution point. Today, Winnipeg has retained its position at the forefront of Canada’s grain industry. The city also boasts several other roaring industries, including manufacturing, real estate, and IT. Together, these industries support Winnipeg’s booming business ecosystem. The city is the capital of Manitoba. It’s also the most populous city in the province, with a total of 777,346 residents in 2024. Based in the middle of Canada, Winnipeg is conveniently placed as the northern hub of the Mid-Continent Trade Corridor. Key business areas in Winnipeg When choosing your office space in Winnipeg, these five business areas could prove ideal: Downtown Winnipeg: The historic Downtown scene comprises numerous BIPOC-owned businesses, resulting in a melting pot of diverse industries. Winnipeg Transit’s 640 buses follow 48 routes that pass through Downtown Winnipeg every day. The Exchange District: This Downtown neighborhood has inherited the nickname “Chicago of the North.” Creative ventures, like architecture firms and photography businesses, often choose this area. Multiple buses run through the district, which is one of Winnipeg’s most connected service areas. Portage and Main: This Downtown corner of commerce sees a high level of footfall. A business address at the famous intersection makes an organization instantly recognizable. The city’s comprehensive bus network offers many connections around this district. St. Boniface: This neighborhood sits at the heart of Winnipeg’s Franco-Manitoban community. It holds Western Canada’s largest francophone community. By extension, St. Boniface has become popular with French businesses. Four key bus lines pass near the district. Fort Garry: This diverse district has a young population given that it houses the University of Manitoba. Businesses in the entertainment space also often choose this district, which is popular with tourists. The Line 11 bus drops passengers off near the district. With plenty of office space in Winnipeg, entrepreneurs can find workspaces in or near these areas. 5 businesses based in Winnipeg Innumerable businesses enjoy a huge level of success in Winnipeg. Five of the biggest include: New Flyer: As North America’s bus leader, New Flyer creates transit buses and motor coaches. These vehicles travel throughout the U.S. and Canada every day. StandardAero: This aerospace industry leader launched over 100 years ago in Winnipeg. The company is now one of the global industry’s top maintenance, repair, and overhaul providers. Great-West Life: This insurance, investments, and retirement company supports many with their finances. The agency serves individuals and businesses all over Winnipeg. Cargill Ltd: Headquartered in Winnipeg, Cargill links farmers to markets where they can sell their products. The company was recognized as one of Canada’s top employers in 2020 and one of the country’s biggest merchandisers and processors. Mondetta: One of Winnipeg’s leading fashion firms, Mondetta opened with a line of simple sportswear. Over 30 years later, the brand has become a global fashion house crafting lifestyle and activewear. There are many offices for rent in Winnipeg. Securing one can position your business among names like these. Why you should rent office space in Winnipeg Winnipeg is one of Canada’s biggest communications, industrial, financial, and commercial centers. Given its multi-industry opportunities, the city attracts entrepreneurs from all over the world. Here are eight reasons to rent office space in Winnipeg. 1. Competitive advantages Many entrepreneurs rent office space in Winnipeg to make the most of the city’s competitive advantages. These include its skilled workforce, cost-effective energy, and healthcare provisions. Skilled workforce Four local universities shape talented graduates, many of whom go on to work for Winnipeg’s many companies. These include the likes of the University of Manitoba, the University of Winnipeg, and the Canadian Mennonite University. With an office space in Winnipeg, you could recruit high-level talent from these universities to cultivate the skills you need to grow your business. Cost-effective energy Winnipeg is famous for its cost-effective hydroelectric power. This power allows the city to offer some of North America’s lowest electricity rates. Manitoba Hydro is one of the biggest electricity providers. The company generates over 98% of its electricity from self-renewing water power. Not only is this electricity cost-effective, but it also helps businesses keep their carbon footprint low. More jurisdictions in Canada are enforcing carbon-tax legislation. As such, this clean energy is a huge advantage to businesses. Healthcare in Winnipeg Manitoba Health supplies public health insurance to people in Winnipeg at no charge. Eligible residents have full access to physician care and hospital services when necessary. Canadian citizens and immigrants qualify for these healthcare provisions. Plus, Manitoba’s pharmaceutical reimbursement program Pharmacare helps eligible residents cover prescription costs. 2. Supportive business community Various associations and bodies in Winnipeg help business owners ramp up the success of their ventures. Economic Development Winnipeg, and it's ‘YES! Winnipeg’ team, assists companies with scaling. They offer market insights, specialized services, and connections within the entrepreneurial community. There is also the Winnipeg Chamber of Commerce, which supports growth planning and connects businesses to a robust network. This is alongside the World Trade Centre Winnipeg, a member of the World Trade Centers Association, who provide information and guidance for Manitoba-based businesses. Finally, the Business Council of Manitoba brings together influential leaders focused on the province's economic well-being. With this extensive support network and ample business space for rent, Winnipeg creates a welcoming environment for companies to establish roots and flourish. 3. Diverse economy Thanks to its abundance of strong sectors, Winnipeg enjoys a highly diversified economy. It’s also the home of the Royal Canadian Mint, which produces Canada’s coinage. Some of the city’s most prosperous industries include: Agribusiness Finance Telecommunications Energy and environment Life sciences Aerospace With so many successful industries, Winnipeg presents new companies with a huge array of potential. Many of these businesses scale rapidly by hiring local talent, leading to the city’s low unemployment rate of 4.1% in 2024. 4. Affordability Winnipeg’s affordability and low cost of doing business make the city an appealing location for many entrepreneurs. For those looking to relocate to the area, Winnipeg offers some of Canada’s most affordable houses. When it comes to corporate taxes, Manitoba has two rates. Small businesses enjoy a 0% rate up to the CAD 500,000 small business limit, an attractive prospect for many startups. The federal and Manitoba combined rate for these businesses is 9%. On the other hand, Manitoba’s general corporate tax rate is 12%. The federal and Manitoba combined rate is 27%. 5. Advanced manufacturing hub Winnipeg has emerged as a powerhouse in advanced manufacturing. From food production with industry leaders like General Mills Canada and Safeway Canada, to transportation innovation driven by companies like Motor Coach Industries and Ford Motor Company. These illustrate Winnipeg’s diverse range of expertise. Machinery manufacturers like Johnson Controls and MacDon Industries further solidify this robust industrial base. And beyond these giants, Winnipeg fosters a thriving ecosystem for chemical, fabricated metal, and aerospace manufacturing. This vast array of specialist industries creates a dynamic environment, suited for businesses seeking to establish or expand their manufacturing operations. 6. Dedicated workforce Winnipeg’s educated, dedicated workforce supports the city’s competitive edge. In 2020, workers in Manitoba stayed in their jobs for an average of 110 months, four more than the average in Canada. The Provincial Nominee Program is essential to the continued growth of Manitoba’s dedicated workforce. This economic initiative encourages immigrants with particular skills to work in Manitoba. The program has seen tens of thousands of workers move to Winnipeg. Over 95% stay in the city when they take up residence here. 7. Travelling for business in Winnipeg No matter where your office space in Winnipeg is, getting around is easy via the trains, transit buses, and the free Downtown Spirit buses. When it comes to traveling across Canada, Winnipeg is a key transportation center between Toronto and Vancouver. It’s also the only major city between Vancouver and Thunder Bay offering direct train links to the U.S. Winnipeg is within easy reach of Ontario, Saskatchewan, North Dakota, and Minnesota. The city is also only 100 km from the U.S. border. On top of this, Winnipeg Richardson International Airport makes overseas travel easily accessible. Flights depart from this airport to global destinations every day, serving over 3.8 million passengers per year. 8. Winnipeg culture Known as Canada’s “cultural cradle,” Winnipeg’s diverse community fosters a welcoming atmosphere for people from all backgrounds. Its arts scene is always buzzing, offering attractions like the Royal Winnipeg Ballet, the Manitoba Opera, and the lively Winnipeg Folk Festival. Winnipeg also boasts a passionate sports scene, with professional teams like the Blue Bombers and the Jets. Food is also a key part of the city’s culture. Manitoba is famous for its smoked goldeye and Winnipeg rye bread. Sausages and perogies are also popular culinary staples among residents. How much is it to rent office space in Winnipeg? Average net rental rates for Winnipeg’s class A office spaces come in lower than most of Canada’s major centers. Regus office spaces in Winnipeg range from CAD 169 to CAD 405 per person per month over a 24-month contract. These rates are cost-effective compared to other Canadian cities where business costs are higher. For example, our Calgary offices range from CAD 255 to CAD 485. Our Montreal offices range from CAD 295 to CAD 429. Businesses can save on their Winnipeg workspaces with our flexible contracts. These contracts allow you to work your way, whether you want to rent your workspace by the hour or by the year. Another way to save is to book one of our small office spaces for rent in Winnipeg. Reserving a smaller office can keep costs down, which works especially well for companies with hybrid models. Office space for rent in Winnipeg Exploring office space in Winnipeg can help you find the workspace that best fits your needs. These Regus office centers position businesses in prime locations, ready to scale in the city. 1. 93 Lombard Ave 93 Lombard Ave offers many inspiring Winnipeg office spaces. This office center enjoys a prestigious location in the middle of the Exchange District and Downtown area. This prospering arts and culture hub attracts many businesses in the film, music, and arts space. Inside the office center, a welcoming foyer and reception area lead into breakout areas and workspaces of all kinds. Professionals enjoy waterside views of the Red River as they work in their comfortable, fully furnished offices. Highlights include: Collaborative break-out areas Fully stocked kitchens Waterside views of the Red River Information about 93 Lombard Ave Location: 93 Lombard Ave, Winnipeg, MB, R3B 3B1 Starting costs: From CAD 169 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Southbound Main at Lombard Bus Stop (a seven-minute walk away), Westbound Notre Dame at Albert Bus Stop (a 10-minute walk away), and Union Train Station (a 12-minute walk away) 2. 330 St Mary Avenue 330 St Mary Avenue provides office space in Winnipeg’s lively city center. Businesses across many industries flourish here, each enjoying offices filled with natural light. The glass skyscraper connects to a hotel via a glass bridge. As such, clients and other visitors can stay on-site. Professionals can host guests at an array of bars and restaurants just a few minutes’ walk away. Highlights include: On-site sandwich/coffee bar Business lounge Secure underground parking Information about 330 St Mary Avenue Location: 330 St. Mary Avenue, Winnipeg, MB, R3C 3Z5 Starting costs: From CAD 365 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Southbound Donald at St. Mary Bus Stop (a one-minute walk away), Northbound Smith at St. Mary Bus Stop (a three-minute walk away), and Union Train Station (a 16-minute walk away) 3. 201 Portage Avenue Those searching for office space in Winnipeg will find everything they need at 201 Portage Avenue. Not only is there a great choice of office space, but floor-to-ceiling windows fill each with natural light, aiding productivity. 201 Portage Avenue enjoys a location in Downtown Winnipeg’s historic Portage and Main. The Winnipeg Chamber of Commerce relocated to this famous intersection in 2024. As such, Portage and Main has become a hub for business growth, development, and prosperity. Highlights include: Gym and fitness room On-site lunch restaurant Sandwich service Information about 201 Portage Avenue Location: 201 Portage Avenue, Winnipeg, MB, R3B 3K6 Starting costs: From CAD 405 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: Union Train Station (a 15-minute walk away), Eastbound Portage at Main Bus Stop (a three-minute walk away), and Westbound Portage at Main Bus Stop (a four-minute walk away) Explore office space in Winnipeg with Regus There are several office spaces in Winnipeg for rent. As such, finding the right one for you is crucial to scaling your business. Regus can help you secure the best workspace for your needs, whether that’s a private office or coworking in a shared office. While a private office gives you your own space, a shared office positions you among like-minded professionals. Either way, you can also book meeting rooms to hold your private conferences, meetings, interviews, and other events. To find your Winnipeg office space, inquire with Regus today.
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20th August 2024

A Guide to Office Space for Rent in London, Ontario

A Guide to Office Space in London, Ontario Both startups and established companies explore office space for rent in London, Ontario. Many of these workspaces are affordable compared to those in other cities, which is one of many reasons to choose London as your office location. Setting up or expanding a company in London comes with many benefits. From its supportive business community to its prosperous ecosystem, the city is a great place to scale a venture. If you’re looking to scale a business in Canada, London could prove the ideal city. Here’s all the information you need to choose the right office space for your organization. Geography of London, Ontario London is the largest city in southwestern Ontario and the sixth-largest in the province. It’s also the 10th-largest city in Canada. What’s more, London offers a well-connected location. It’s within a two-and-a-half-hour drive of Toronto, Detroit, Hamilton, and Buffalo. As such, London is well-positioned for business opportunities across Canada and into the U.S. Key business areas in London, Ontario Choosing the ideal location for your office space in London, Ontario is essential to your business growth. These districts could be contenders for your company: Downtown: This area is both London’s business center and entertainment district. Many creative, finance, tech, law, and communications organizations are set up here. Getting around is also easy, with the London Transit Commission running several buses that connect Downtown with wider London. Byron: This community-focused neighborhood teams quiet residential streets with a buzzing commercial area. Just a 10-minute drive from Downtown, the district houses several banks and offices. The 05 and 17 buses connect Byron with other key London areas. Masonville: Located near Western University, this district positions companies amidst high-level talent. Masonville Place Mall sits at the heart of this commercial area, which is popular with retail businesses. The 13, 16, and 25 buses all pass through the area. When exploring office space for rent in London, Ontario, you’ll find the city’s neighborhoods each bring something unique to your business. 5 businesses based in London, Ontario London is brimming with successful startups and established companies. Five of the most prominent include: London Health Sciences Centre: This hospital network is one of Canada’s largest acute-care teaching hospitals General Dynamics Land Systems: This global defense industry leader provides land and amphibious combat vehicle solutions The Canada Life Assurance Company: This insurance provider offers various forms of health and life insurance, as well as workplace benefits 3M Canada: This manufacturer employs state-of-the-art technologies to construct solutions for domestic and business use Nestlé Canada Inc: This food and beverage company, the largest in the world, completed a 26,600-square-foot expansion of its London plant in 2023 By securing a commercial property for lease in London, Ontario, you can position your business among big-name companies like these. Why you should rent office space in London, Ontario It’s important not to confuse London, Ontario with London, England. This city may not be quite as well-known as England’s capital, but it is one of the 10 fastest-growing cities in Ontario. London accommodates more than 400,000 people and over 550,000 in the census metropolitan area. While the city comes with all the benefits of a big city, it also enjoys a small-town atmosphere. Here are seven reasons to choose one of the office spaces for rent in London, Ontario. 1. Supportive business community Entrepreneurs in London become part of the city’s supportive business community. A strong Chamber of Commerce connects this community and advocates for companies in the city. Several associations also contribute to the business community. The London Economic Development Corporation (LEDC) sits at the forefront of these associations. This non-profit organization supports businesses by nurturing local growth, attracting new companies, and connecting businesses to essential resources and talent. They offer free development services, promote London internationally, and foster a network of supportive partnerships. Having an office for rent in London, Ontario can enable your company to benefit from organizations like LEDC that grow the local business community. 2. Diverse economy London's strategic location near the U.S. border, combined with its rich agricultural resources and diverse range of thriving sectors, fuels a booming economy. The key industries driving this commercial success include digital media, manufacturing, technology, and professional services. This diverse economic landscape offers ample opportunities for businesses seeking a strategic home. With plenty of office space for rent in London, Ontario, your business can soon tap into this flourishing economy. 3. Geographic competitive advantage London sits at the forks of the Thames River, acting as a trade hub that serves the whole country. The city lies at the midway point between Lakes Huron, Erie, Ontario, and Saint Clair. London also enjoys a well-connected position on Ontario Highway 401. This route provides access to 150 million consumers within a one-day drive, setting the city up for trade across Canada. Beyond this, the location also provides easy access to business opportunities across the East Coast and Midwest of the U.S. 4. Affordability London offers a significant cost advantage for businesses seeking affordable workspaces. Compared to major Canadian hubs like Vancouver and Toronto, office space rental prices in London are notably lower. Like its affordable business costs, London’s cost of living is low too. Data has shown that the cost of living in London can reach up to 24% lower than in Toronto. When you lease an office space for rent in London, Ontario, you can benefit from the city’s affordability and free up resources for growth and reinvestment. 5. Advanced manufacturing hub Of London’s various lucrative sectors, advanced manufacturing is arguably the strongest. Over 34,300 employees and 500 companies make up this sector. The industry represents around 12% of all employment in the city. This robust industry is fueled by innovation. Its local manufacturers transformed production processes through automation, robotics, and cutting-edge technologies. The city's skilled workforce provides a further draw for businesses seeking a manufacturing hub. This workforce specializes in areas like engineering, electrical manufacturing, and quality assurance, offering essential expertise for the sector’s success. Many companies in the manufacturing space are exploring commercial office space for rent in London, Ontario. Establishing your business in a workspace here can set your business up for success in this manufacturing-centric city. 6. Educated workforce London is home to two outstanding universities: Western University and Fanshawe College. Western University ranks among the top 1% of higher education institutions in the world. Its 34,917 students include around 4,700 international students who come to London from all over the globe to pursue their studies. Fanshawe offers over 200 degrees and certificates, diplomas, and apprenticeship programs. More than 43,000 students study at the college, qualifying in fields like technology, business, and healthcare. Outside these two elite universities, London also hosts several community colleges. These include St Peter’s Seminary, Westervelt College, Medix College, and triOS College. Thanks to these universities and colleges, London enjoys a highly educated workforce. The city cultivates a high level of research and innovation, which proves invaluable to companies. With an office space for rent in London, Ontario you will have ready access to the city’s range of academic talent. 7. Travelling for business in London, Ontario Traveling for business is easy in London. Those who enjoy making the most of the local scenery can cycle through the city’s extensive bike routes. Others prefer the LTC’s bus services, which include paratransit services for those who require mobility assistance. In 2021, London began its construction of the Downtown Loop, a rapid transit route that runs through the city center. The route allows bus travel through Queens Avenue, King Street, Ridout Street North, and Wellington Street. For those looking to travel further afield, trains depart London Station to cities like Toronto, Sarnia, and Windsor. GO Transit also offers daily transportation to the Greater Toronto Area. For more extensive business travel, there’s the London International Airport. This airport accommodates those taking both domestic and international flights. How much is it to rent office space in London, Ontario? Regus office spaces for rent in London, Ontario are cost-effective compared to many other providers. Standard and premium options start at CAD 239 per person per month over a 24-month contract. These workspaces are more affordable than workspaces in some of Canada’s other prime business cities. For example, our Montreal offices start at CAD 295 per person per month. Our Vancouver offices start at CAD 365 per person per month. Companies can save even more on London office costs with our flexible contracts. These contracts enable businesses to rent office space in the way that best suits them, whether by the hour or year. Businesses can also save by renting one of our small office spaces for rent in London, Ontario. Aside from supporting small businesses, these workspaces suit larger companies with hybrid structures. Office space for rent in London, ON When exploring office space for rent in London, Ontario, Regus offices include everything you need to work your way. Whether you need a meeting room with tech equipment, a private office, or coworking spaces in a shared office, these centers offer it all. 1. 201 Queens Ave 201 Queens Ave is an excellent solution for businesses exploring office space for lease in London, Ontario. Professionals have everything they need to work productively in these bright, open-plan workspaces. They also receive support from the friendly reception team whenever they need it. The office center has plenty of meeting rooms available for hire, perfect for hosting events, team updates, and client chats. Each is fully outfitted with comfortable furniture, videoconferencing technology, and presentation equipment. The local area is full of cafés and restaurants, which are perfect for lunch breaks or post-work dinners and for hosting clients. Highlights include: Break-out areas Meeting rooms On-site parking Information about 201 Queens Ave Location: 201 Queens Ave, London, ON, N6A 1J1 Starting costs: Prices available upon request Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: London Train Station (a seven-minute walk away), Dundas at Wellington WB Bus Stop (a five-minute walk away), and Wellington South of Dundas St NB Bus Stop (a six-minute walk away) 2. 380 Wellington Street Those considering office space for rent in London, Ontario need look no further than 380 Wellington Street. Located halfway between Toronto and Detroit, this office is easy to access from both commercial centers. The modern workspaces offer inspiring 360-degree views of Downtown London. This business district is a nest for companies in the finance, law, technology, and communications industries. After work, professionals can walk into this district to explore the plethora of shops and restaurants. There’s also an upmarket hotel on the doorstep, ideal for clients who need to stay in the area. Highlights include: Business lounge Vending machines Secure underground parking Information about 380 Wellington Street Location: 380 Wellington Street, London, ON, N6A 5B5 Starting costs: From CAD 239 per month Opening hours: 24/7 for Private Offices and Dedicated Desks, reception hours for other members Nearby transport links: London Train Station (a seven-minute walk away), Wellington South of Dundas St NB Bus Stop (a one-minute walk away), Wellington North of Dundas St NB Bus Stop (a two-minute walk away) Explore office space in London, Ontario with Regus When you’re choosing between the office spaces for rent in London, Ontario, Regus can help. Inquire today to get advice on which workplace solution is best for your needs. You might benefit from a private office, which would provide a space just for your company. Or consider a more flexible approach with our shared offices, which offer both dedicated desks and hot desks. When it comes to hosting stakeholder meetings and interviews, our meeting rooms include everything you need to host a productive visit.
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15th August 2024

A Guide to Office Space in Nottingham

A Guide to Office Space in Nottingham If you're starting up or looking to grow your business, choosing an office in Nottingham is an excellent decision. It's become a hub for business and a major destination for British and overseas companies looking to relocate or expand. There are several reasons for this, including first-class universities, a talented workforce, and a great venture capital scene. The city’s biggest industries used to be motorcycles and textile production. Now, Nottingham is home to clusters of life sciences and advanced manufacturing companies. Creative, digital, and financial and professional services firms also thrive in the city. In this article, we will examine the top seven reasons to open up or expand to the city. We will also discuss the state-of-the-art private offices, coworking desks, and meeting rooms on offer in Nottingham. Geography of Nottingham Nottingham is at the heart of the East Midlands, a key region in the UK with a thriving economy and diverse range of businesses. Nottingham's strategic location makes it a destination for firms that want to establish a presence in this part of England. The city's excellent transport links make it easy to get to other important commercial hubs like Leicester and Derby. The nearby M42 motorway connects the city with Birmingham, the UK's second-largest city. London is less than two hours away by train. Access to overseas markets is also convenient thanks to its proximity to East Midlands Airport. Key business areas in Nottingham Nottingham has a stunning city centre that's a proven magnet for retail, leisure, and office-based businesses. The important business zones in the city include: The Lace Market: The Lace Market is in the city centre and is home to a vibrant hub of creative and tech firms. Once the heart of the world's lace industry, the area's architecture, cobbled streets, and cultural attractions are notable features. Hockley: Near the Lace Market, this trendy central part of town is full of creative studios, cafes, galleries, and boutiques. Hockley's unique character, lively atmosphere, and Victorian grandeur are a draw for startups and established firms. Victoria Centre: This is the prime retail and leisure destination in the city. It is an excellent choice for businesses wanting to engage with customers and maximise their visibility. The central location and great public transport links make it convenient for both customers and employees. NG2 Business Park: This modern facility is home to a range of firms, from tech startups to corporate headquarters. A wide range of companies base themselves here thanks to its proximity to major road networks and the city centre. BioCity: This is the major local hub for the city’s life science, biotechnology, and healthcare companies. The close ties to the city's universities offer firms access to partnership opportunities and the top local talent. The site has cutting-edge labs and a healthy networking and collaboration scene. 5 businesses based in Nottingham Nottingham’s business scene is vibrant and varied. Large multinationals work close to exciting up-and-coming startups. Here are five major businesses that have offices in Nottingham: Boots UK Limited: Britain’s leading beauty retailer and pharmacy is a Nottingham native. The firm now has 2,200 shops and over 50,000 employees in the UK. Capital One: The UK branch of the American financial giant is on Station Street. The firm has grown to become one of Britain’s top 10 credit card providers. Vision Express: One of the UK’s leading opticians, Vision Express has 575 branches. Based in Ruddington, five miles from the city centre, the firm employs 5,250 people. Games Workshop: This firm manufactures, wholesales, and retails miniature wargames. Founded in 1975, the company markets the Lord of the Rings strategy battle game. Buzz Group: This is one of the UK’s foremost safer gambling companies. Its website has won multiple awards, and it has 81 clubs across the UK. Why you should rent office space in Nottingham Regus offers fully furnished serviced offices to rent in Nottingham at two prime central locations. Here are seven great reasons to base your business in this vibrant regional capital. 1. Thriving economy Nottingham's economy is growing quickly, and analysts expect growth to continue for the foreseeable future. Local Enterprise Partnership D2N2 and the city council are very ambitious, which bodes well for the city’s future. Their stated aim is to move the city into the top 25% of Europe for productivity and prosperity. They’re targeting the creation of 39,000 new jobs in the service and knowledge-based sectors by the early 2030s. They already have a great base to work from, with 482 high-growth innovation firms in the area served by the local enterprise partnership. The creative, digital, and life sciences sectors based in the city are growing fast, too. D2N2 and the council are actively seeking partners to invest £9 billion in Nottingham. You can see the effect this is already having from the many prestigious regeneration projects currently happening in the city. 2. Strong tech ecosystem Nottingham has a strong tech scene that is still growing. This Gigabit City has high-quality, reliable internet service that tech businesses rely on. Backing up this super-fast connectivity is a talented tech workforce. The talent pool gets wider and deeper with each passing year. That's thanks to the 29,600 creative and digital students attending the city's two universities. The city's reputation for tech and digital excellence is growing around the UK and beyond. Nottingham is one of eight UK cities with multiple unicorns, startups whose valuations exceed $1 billion. There is a wide variety of tech businesses here, from data analytics to fintech. One reason businesses come to the city is the opportunity they have to team up with the local universities on innovation and R&D projects. Renting a flexible office in Nottingham will put your business in the middle of this thriving tech community. 3. Startup growth Nottingham was ranked as the UK's second-best city to start a business, and it's easy to see why. The city is home to several business incubators and accelerators like BioCity and MediCity. These provide support and resources for startups in the life sciences and healthcare sectors. East Midlands Chamber works with all startups that need advice and support. Likewise, NBV provides training, grants, and more to new businesses. The council and universities also have programs to help get new companies up and running. There is a wide selection of startup office space in Nottingham, including at Regus's two central locations. 4. Supportive environment A key reason many businesses choose Nottingham is the range of advice and guidance it offers to startups. That high-quality guidance continues as companies grow and mature. This nurturing environment has helped firms achieve an impressive 43.4% survival rate. That means nearly half of all businesses are still going strong after five years. That's much better than most other places in the UK. The area attracts venture capital firms, with over £437 million across 326 deals invested in local firms over the last decade. If you have a great idea, Nottingham is a proven place to find people to back you. The local universities’ partnerships with businesses are also key to innovation. This collaboration develops products faster and brings them to market quicker. These partnerships have been so successful they have experienced a 72.4% spin-out rate. Get the support you need by becoming part of the local business community with serviced offices in Nottingham from Regus. 5. Highly skilled workforce Over 60% of the city works in knowledge-intensive industries, much higher than the UK average. The skills and experience of the local workforce help drive businesses forward. The city’s talent is vital to fintech, digital and creative, and business services firms. Employees here provide fast-growth bioscience and advanced manufacturing firms with a competitive edge. Key to this edge is the city's educational institutions. Nottingham is home to the University of Nottingham and Nottingham Trent University (NTU). Both institutions rank highly in independent scoring. The Times Higher Education has ranked Nottingham Trent University among the best UK universities. It has also recognised the Nottingham Business School, part of NTU, as one of the best business schools in the country. With over 60,000 students in the city, employers can count on a healthy supply of future talent in the decades to come. 6. Nottingham culture Many entrepreneurs come to Nottingham for the city’s excellent work-life balance. The culturally rich city has a thriving food and drink scene. There is a wide choice of restaurants for every taste and budget. Nottingham is a UNESCO City of Literature, so the local arts scene is exceptional. The city is home to fantastic theatres, galleries, museums, and music venues. A stand-out example is the Nottingham Contemporary, one of the country's best contemporary art spaces. Nottingham also hosts many festivals and activities throughout the year. Additionally, Sherwood Forest is just a short drive or bike ride away, as is the stunning Peak District National Park. 7. Travelling for business in Nottingham Nottingham's central location and excellent transport links make getting here easy for business. The city is well connected to the rest of the East Midlands and the wider UK beyond. The key roads serving the city are the M1, A1, and A42. They provide direct access to London, Leeds, and other major cities. A train journey down to London St Pancras International is only one hour and 40 minutes. East Midlands Airport is just a short drive away, offering daily flights to domestic and European business hubs. Travel around Nottingham is quick, thanks to the comprehensive bus network and a modern tram system. How much are Nottingham office space rentals? Office space rental in Nottingham costs from £179 per person per month. Coworking spaces in Nottingham cost from £169 per person per month. Renting office space in Nottingham city centre can be very cost-effective compared to other major UK cities. For example, average rental prices in the popular Southwark area of London can start from £255 per person per month. Nottingham’s lower costs can benefit you and your staff in other ways. Housing prices and renting are fairly affordable here. Additionally, childcare costs much less than in Bristol and Manchester. The price you pay in pubs and restaurants is also significantly lower. Compared to London, average weekly wages are 19% cheaper in Nottingham. Office space for rent in Nottingham If you’re looking for an office to rent in Nottingham city centre, check out the two options Regus offers. Lock House Close to the city's ancient historic castle, Lock House is a stylish and state-of-the-art business centre. Accessibility is a key feature of Lock House, as the train station is a six-minute walk away. It's also close to the tram network and on many major bus routes. There's on-site parking here, too, if you want to drive to work. This attractive and thoroughly modern centre has a pleasing minimalist decor across two floors. There's a choice of private offices that can be configured to meet your needs. If you'd prefer to work closer to other entrepreneurs, check out the dedicated desks within our coworking areas. Meet investors and clients by booking one of our conference rooms by the hour or the day. They're available too if you want to interview new members of staff. For a more informal atmosphere, use the many break-out areas. Entertain clients or celebrate with investors and staff at the many nearby bars and restaurants. Walk along the peaceful canal route on a sunny day to take in the city and its history. Highlights include On-site parking Meeting rooms Break-out areas Information about Lock House Location: Lock House, Castle Meadow Road, Nottingham NG2 1AG Starting cost: From £195 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Brewhouse Yard Museum (Stop LE43) Bus Stop (a four-minute walk away), Nottingham Station Tram Stop (a seven-minute walk away), and Nottingham Train Station (a seven-minute walk away) City Gate East Right in the heart of the city, you’ll find City Gate East. This sixth-floor business centre off Maid Marien roundabout affords great views of the city. The centre is very accessible, close to the tram network, and on multiple bus routes. You can use the secure underground parking area if you arrive by car. Inside, natural light floods the office. The design of the workspaces is modern and stylish. Break-out areas and meeting rooms are next to the private offices and dedicated desks in the coworking spaces. This is a great space for interviewing, training, and networking. You can also find new business allies. Take advantage of the on-site sandwich service if you're too busy to venture out into the city. Or simply refuel at one of the centre's vending machines. After work, try visiting the city's many bars, shops, and restaurants after work. Catch the latest plays and musicals at the Playhouse and Theatre Royal. The work-life balance Nottingham offers is excellent. Highlights include Secure underground parking Meeting rooms Sandwich service Information about 1 Trafalgar Square Location: Tollhouse Hill, Nottingham, Nottinghamshire NG1 5FS Starting cost: From £179 per month Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members Nearby transport links: Tollhouse Hill (Stop Y7) Bus Stop (a one-minute walk away) and Royal Centre Tram Stop (a four-minute walk away) Explore Nottingham office spaces with Regus Nottingham is a vibrant, cosmopolitan city with a booming economy that’s the largest in the East Midlands. Locate your business here in one of our state-of-the-art working spaces at our business centres in the heart of the city. We work with businesses of all sizes. If you only need a small office space in Nottingham for now, let us know. When your business grows, we can configure the centre to adapt to your needs, meaning you won’t have to move. As a Regus client, you can use our serviced office space, meeting rooms, and coworking spaces at any of our 4,000 worldwide locations. Check availability at any time with the Regus app as well as purchase a Day Pass. If you’re often on the road for business, become a Regus member to benefit from further discounts. Speak to one of our teams about renting flexible office space in Nottingham and get in touch today.
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