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Private Offices in London for Fintech Companies

Private Offices in London for Fintech Companies

Posted on: 19th June 2023

Reading time: 17 mins

Until recently, banks and legacy institutions dominated financial services. Fintech companies, such as PayPal and Wise, have begun to change that though. They’re changing the industry by finding more efficient, user-friendly, and cost-effective ways to do things.

London is the leading European ecosystem for fintech, driven by its highly developed financial infrastructure. There are plenty of skilled workers here and the sector has strong government support.

Companies also benefit from ample funding opportunities, thanks to a thriving network of investors close by.

Finding the right private office space in London is especially important for fintech companies. Below, we discuss why the best place for fintech firms is London. We’ll also explore excellent private office space in London for fintech firms to establish themselves.

What are fintech startups and scale-ups?

A fintech startup is a new business that uses new or developing technology to provide a financial service in a better way. For example, neobanks like Revolut that offer banking services.

They could be developing new platforms or tools that make it easier to invest in or exchange currencies. Or, enabling businesses to take new forms of payments from customers, whether it’s credit cards or monthly instalments.

An early-stage fintech startup may be testing its service to check that it addresses what its customers want. As they haven’t fully realised their product yet, startups tend to have limited resources and revenues to work with.

On the other hand, fintech scale-ups have overcome many of their early challenges.

They will have a strong and loyal customer base who use their products regularly. They have an experienced leadership team with a clear vision.

They may be looking for investors or to float on the stock market to fund further growth.

How private offices are helping London’s fintech companies grow

Finding the right private office space rental in London has four important advantages for fintech firms:

● Clustering: Sharing knowledge and insights with other tech firms fuels innovation and growth.

● Technology: Working in offices equipped with state-of-the-art facilities and the latest technology infrastructure. This means you have the tools you need to do business.

● Flexibility: Serviced office space offers much greater flexibility than standard commercial leases. Benefit from office spaces that are as agile as your company.

● Networking: Be close to the most important events, workshops, and seminars. It's in these places where you'll connect with potential partners, investors, and thought leaders in their field.

Best areas for fintech scale-ups and startups

Regus have centres in five of the busiest fintech clusters. Find out more below about our private offices in the City, Canary Wharf, Westminster, the Silicon Roundabout, and London Bridge.

The City of London

The City of London is a historic financial hub that constantly reinvents and modernises itself. Its vibrant, energetic atmosphere and cutting-edge infrastructure make it perfect for finance companies.

Fintechs also benefit from the excellent transport links and large talent pool.

You're right next door to major financial institutions that maintain a significant role in the industry. You can also enjoy the local nightlife and shops which make the city a thriving social scene too.

Here are our top five picks for both startups and scale-ups looking for office space in the City of London:

1. Tower 42

Tower 42, located at 25 Old Broad Street, is the city's third-tallest skyscraper.

You'll share your address with high-profile legal firms, financial institutions, and electronics manufacturers. Based here, you signal your intent to be a leading firm and you’ll benefit from the business ecosystem in the centre.

We've taken every opportunity to make this a productive and comfortable working environment.

When you get hungry, there's an on-site lunch restaurant, sandwich-coffee bar, and vending machines. There's also a gym and fitness room equipped with shower facilities for when you've finished your workout.

While there is a robust public transport network here, there's secure underground parking for those who prefer to drive.

Available space:
● Private offices: 58
● Coworking desks: 12
● Meeting rooms: 3

Centre details:
● Address: 25 Old Broad Street, London, EC2N 1HN
● Private offices: from £429
● Coworking space: from £409
● Opening hours: 24/7
● Nearest bus stop: Wormwood Street (Stop Q)
● Nearest Tube stop: Liverpool Street
● Nearest Overground stop: Liverpool Street
● Nearest train station: Liverpool Street

2. Liverpool Street New Broad Street House

Liverpool Street New Broad Street House is ideal for fintech companies who value a headquarters close to the financial heart of the city.

Step into this grand Victorian building and you will find a light, modern and airy interior. This luxurious and modern building, equipped with many breakout areas and meeting rooms, will offer comfort for clients.

This comfortable and convenient working environment is also great for business owners and their teams. There's an on-site sandwich service, vending machines, showers, and 24-hour CCTV monitoring.

You're five minutes away from the food, drink, art installations, and live music of Broadgate Circle. Despite being in the centre of a global commercial hub, the quieter areas of Finsbury Circus

Gardens and St Botolph-without-Bishopsgate are nearby.

Available space:
● Private offices: 224
● Coworking desks: 44
● Meeting rooms: 12

Centre details:
● Address: 35 New Broad Street, London, EC2M 1NH
● Private offices: from £429
● Coworking space: from £409
● Opening hours: 24/7
● Nearest bus stop: Wormwood Street (Stop Q)
● Nearest Tube stop: Liverpool Street
● Nearest Overground stop: Liverpool Street
● Nearest train station: Liverpool Street

3. The Gherkin

The iconic Gherkin is home to some of the most well-known financial institutions. This strategic location is made more irresistible with the Stock Exchange and Bank of England just a short walk away.

With a dedicated lunch restaurant, you will always be able to satiate your cravings. For when you’d prefer a quick bite, it features a sandwich-coffee bar and vending machines.

The meeting rooms and break-out areas are great spaces for building new business relationships and forging fresh ideas. Networking doesn’t have to stop at the office door, with lush gardens, vibrant restaurants, and bustling bars all nearby.

Available space:
● Private offices: 41
●Coworking desks: 21
● Meeting rooms: 4

Centre details:
● Address: 30 St Mary's Axe, London, EC3A 8BF
● Private offices: from £539
● Coworking space: from £469
● Opening hours: 24/7
● Nearest bus stop: Duke's Place (Stop A)
● Nearest Tube stop: Aldgate
● Nearest Overground stop: Liverpool Street
● Nearest train station: Fenchurch Street

4. Fenchurch Street

Fenchurch Street is a central modern office building embedded in a landscape steeped in history. Near the Tower of London, this workspace enjoys London’s unique contrast of the contemporary and the traditional.

The building is designed with openness, as natural light floods this centre's premium office spaces and meeting rooms. With break-out areas to facilitate collaboration or quiet contemplation, this workspace fosters and renews productivity.

Fenchurch Street also features convenient travel links. Employees and clients will both appreciate the seamless commute, whether they’re local or have travelled from afar.

Available space:
● Private offices: 49
● Coworking desks: 16
● Meeting rooms: 5

Centre details:
● Address: 6 London Street, London, EC3R 7LP
● Private offices: from £305
● Coworking space: from £289
● Opening hours: 24/7
● Nearest bus stop: Tower Gateway Station (Stop TD)
● Nearest Tube stop: Tower Hill
● Nearest train station: Fenchurch Street

5. Broadgate Tower

Broadgate Tower is an iconic glass skyscraper offering spectacular city views from its offices. Within this renowned building, you’ll find a suite of on-site facilities that include a convenient sandwich service and dry cleaning amenities.

Its prime city location fosters networking and relationship-building with ease. Its grand, three-storey reception and cutting-edge workspaces are sure to impress clients, visitors and employees.

Close by is Spitalfields Market, a lively hub of inviting bars, diverse restaurants, and shops. Be sure to check out Eataly on Bishopsgate and explore a wealth of culinary delights.

Available space:
● Private offices: 29
● Coworking desks: 12
● Meeting rooms: 2

Centre details:
● Address: 20 Primrose Street, London, EC2A 2EW
● Private offices: from £315
● Coworking space: from £279
● Opening hours: 24/7
● Nearest bus stop: Primrose Street H
● Nearest Tube stop: Liverpool Street
● Nearest Overground stop: Liverpool Street
● Nearest train station: Liverpool Street

Canary Wharf private offices

Canary Wharf is London's second major financial district. Its ultra-modern offices, range of amenities, and thriving business community have made it a magnet for fintech companies.

The locale envelopes you with an array of bars, cafes, and restaurants that satisfy every palate and budget. For a leisurely break or after-work activities, explore the local shopping malls and health clubs to enjoy the balance of work and well-being.

This combination of factors means that it’s no surprise that private offices in Canary Wharf are in such demand from fintech companies.

1. Canada Square

Right in the centre of all this activity is the emblematic One Canada Square building. Here you will find yourself immersed in a vibrant ecosystem of financial titans.

This business centre offers premium facilities. An on-site lunch restaurant as well as a coffee and sandwich bar provide convenient culinary solutions for your busy day.

The well-equipped meeting rooms and break-out areas are the perfect backdrops for client interactions, staff sit-downs and board meetings. These spaces are also ideal for innovating ideas and strategic planning, offering a collaborative and creative environment.

Available space:
● Private offices: 109
● Coworking desks: 34
● Meeting rooms: 5

Centre details:
● Address: 1 Canada Square, London, E14 5AA
● Private offices: from £365
● Coworking space: from £349
● Opening hours: 24/7
● Nearest bus stop: Canada Square North (Stop H)
● Nearest Tube stop: Canary Wharf
● Nearest train station: Canary Wharf

Private offices in Westminster

Westminster and St. James are key areas of the vibrant economic heartbeat of London. Westminster is also the political centre of the country, hosting the Prime Minister’s home of 10 Downing

Street and situated close to Buckingham Palace.

Housing over 120,000 businesses and a substantial workforce, these districts stand as the UK's most substantial employment and visitor hub. This bustling activity makes it an irresistible choice for fintechs seeking a strategic foothold in the industry.

Knightsbridge and Belgravia, two of the capital's most prestigious neighbourhoods, are just around the corner. Here, you'll find an array of exclusive shopping destinations and fine dining establishments, perfect for personal indulgences and client entertainment.

1. Victoria Grosvenor Gardens

Victoria Grosvenor Gardens provides your company with a prestigious address in the heart of SW1.

The office view offers delightful garden views, providing a daily dose of tranquillity in the hubbub of the city. When you need to unwind and refresh, take a walk in the many nearby green spaces.

The centre enjoys proximity to Victoria Stations, presenting easy commuting for clients and employees. For those who prefer cycling, the centre provides bicycle storage and showers, further enhancing convenience.

At Victoria Grosvenor Gardens, networking and collaboration are welcome. The spacious centre offers ample room for building business relationships with its elegant business lounges, breakout areas, and meeting rooms.

Available space:
● Private offices: 61
● Coworking desks: 14
● Meeting rooms: 3

Centre details:
● Address: 52 Grosvenor Gardens, London, SW1W 0AU
● Private offices: from £369
● Coworking space: from £289
● Opening hours: 24/7
● Nearest bus stop: Victoria Station (Stop R)
● Nearest Tube stop: Victoria
● Nearest train station: Victoria

2. Regent Street St James

Regent Street St James's is a historic, iconic building, once home to BBC Radio Studios. It's now a modern, professional workspace that maintains a distinct historic charm.

The private offices and coworking spaces benefit from contemporary design and state-of-the-art connectivity. It's a place where you can relax, network, and foster growth.

Make use of well-equipped meeting rooms to casual break-out areas, designed to facilitate interaction with your team and clients. Meet, greet, and become part of the thriving, local fintech ecosystem of these spaces.

Available space:
● Private offices: 84
● Coworking desks: 12
● Meeting rooms: 6

Centre details:
● Address: 4-12 Regent Street, London, SW1Y 4PE
● Private offices: from £439
● Coworking space: from £419
● Opening hours: 24/7
● Nearest bus stop: Regent Street St James's (Stop Z)
● Nearest Tube stop: Piccadilly Circus

London Silicon Roundabout

Considered by many as the UK's emergent commercial cluster, Silicon Roundabout is home to Amazon and other major tech companies. Located in trendy Shoreditch, this part of London has become a destination for fintech companies because there are so many tech firms here.

Silicon Roundabout not only offers a dynamic tech-focused environment but also enjoys superior accessibility. When compared to other London districts, it offers affordable workspace solutions without compromising on the advantages of a prime location.

1. Shoreditch private offices

Old Street Hackney offers spectacular views of the London skyline from its 27 storeys.

The building boasts an open-plan layout with a contemporary design, finished with a neutral palette that enhances its modern appeal. Thanks to the expansive floor-to-ceiling windows, natural light bathes the workspace and fosters an invigorating environment.

The spacious private offices and coworking spaces make this the ideal environment for fintech companies to flourish. The centre's stylish meeting rooms and breakout areas are perfect for a range of activities, from training and networking to casual innovation sessions.

Accessibility is another major perk of this location, making it easy for staff, clients and visitors to reach you. And thanks to the integrated air conditioning throughout, Old Street Hackney offers a comfortable working environment throughout the year.

Available space:
● Private offices: 45
● Coworking desks: 23
● Meeting rooms: 6

Centre details:
● Address: 167 City Road, London, EC1V 1AW
● Private offices: from £249
● Coworking space: from £209
● Opening hours: 24/7
● Nearest bus stop: Moorfields Eye Hospital (Stop A)
● Nearest Tube stop: Old Street

Private office space in South London

Regus’s portfolio even extends to South London on the other side of the Thames, with centres within the South Bank at London Bridge. From here, it's just a short walk to the City of London.

1. London Bridge More London

One exceptional location is the London Bridge More London centre. Here, you can rub shoulders with industry giants like PwC and EY. Award-winning architects Foster + Partners designed this ultra-modern skyscraper, which is clearly visible from the inside and out.

Within walking distance of three Tube stations, this is a great place to connect with clients and industry professionals. Inside, a contemporary interior design sets a professional yet invigorating work atmosphere, ensuring a safe, practical, and engaging work environment.

If you need to take the car to work, there's secure underground parking. Among the break-out areas and business lounge, you'll find a selection of vending machines as well as on-site showers.

When hunger strikes, an on-site lunch restaurant and sandwich/coffee bar cater to your needs, providing nourishment to fuel your productivity. And when you need a moment of calm, the outside terrace awaits, offering a tranquil space to recharge.

Available space:
● Private offices: 83
● Coworking desks: 20
● Meeting rooms: 4

Centre details:
● Address: 3 More London Riverside, London, SE1 2RE
● Private offices: from £489
● Coworking space: from £469
● Opening hours: 24/7
● Nearest bus stop: London Bridge Bus Station
● Nearest Tube stop: London Bridge
● Nearest train station: London Bridge

Find the perfect private office space in London for your fintech

Regus has you covered in all of London’s fintech business clusters. With over 50 centres in the capital, we can provide you with private offices, coworking desks and meeting rooms all across the city.

If business takes you further afield, check out our Day Pass. Book a day at any of our 4,000 global centres via the Regus app. If you’re on the road a lot, consider becoming a Regus member.

Talk to an expert today to find out how to find a private office in London that’s right for your fintech organisation.

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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.