IWG, the world’s largest provider of hybrid working solutions, is opening a state-of-the-art flexible HQ workspace in Warrington as the demand for hybrid working rapidly accelerates.
This opening is being delivered in partnership with altspace, who chose to work with IWG to bring two workspaces into the IWG network, the second being located in Altrincham.
With the centre already working at 70 per cent occupancy, it will be opened under the HQ brand immediately.
Unprecedented demand from companies of all sizes and workers looking for hybrid working solutions means IWG will add 1,000 new locations over the next year. Hybrid working offers companies a significantly lower cost base with an average saving of £8,200k per employee.
Recent research shows that 77 per cent of employees in the UK considered a place to work closer to home a must-have for their next job move. This new location is a response to this growing demand for flexible office space outside of city centres like Manchester and Liverpool, driven by the increasing desire of individuals to cut their costly commutes by working in the heart of their local communities.
Warrington is one of Cheshire’s fastest growing regional locations, having experienced strong investment in local businesses and new enterprises. Demand for workspaces in the area has performed strongly, with the number of enquiries for space in IWG locations continuing to sharply increase.
The building owners decided to invest in the IWG platform in order to scale their business by capitalising on the rapidly expanding demand for hybrid working. With an annual investment of around £50m into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.
This two-floor new centre, located in Moulders Lane off the A5060, is part of a drive by IWG to meet the sharply rising demand for top class flexible working space in the North West.
The building will provide space for established firms and start-ups across a range of industries in Warrington while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements.
IWG is the world’s leading provider of flexible workspace – with 3,500 locations in more than 120 countries with members able to access all of the locations and business services via the IWG app.
As the ongoing shift towards hybrid working accelerates, conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead.
Mark Dixon, chief executive and founder of IWG, said: “We are establishing a stronger and much-needed footprint with this latest opening. As an important business hub in the North West, Warrington is a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work in partnership with altspace to develop the HQ brand that will add a cutting-edge workspace to the area.
“Our opening in Warrington comes at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”
