Over the last few years coworking has evolved from being a rather niche space to an internationally well known phenomena. It was initially considered to be a creative haven allowing small businesses and freelancers a place to kick start their work. Nowadays even big corporate and well established companies are adopting coworking spaces around the world. The nature of coworking is perpetually evolving, attracting new and different customers from across the business spectrum. This has driven more and more corporations to realize that coworking spaces are a hotbed of innovation with the potential to spawn change in the future.
Washington D.C., formally the District of Columbia and commonly referred to as Washington or D.C., is the capital of the United States. Washington has a growing, diversified economy with an increasing percentage of professional and business service jobs. Tourism is Washington’s second-largest industry. Approximately 18.9 million visitors contributed an estimated $4.8 billion to the local economy in 2012. The diversity in Wahsington D.C. has given rise to a number of new businesses, some of them being extremely niche in the market. Most big corporates have their headquarters in this city and it goes without saying that D.C. is a major hub for business. According to statistics compiled in 2011, four of the largest 500 companies in the country were headquartered in this District.
Washington D.C. is an extremely competitive place for businesses. You will come across many ambitious entrepreneurs doing their best and ready to give their all to make it big. Washington D.C. hosts an enormous amount of white collar population like attorneys, financial advisors and consultants. The capital is also flourishing in hospitality, with new hotels, restaurants, and networking venues opening on a regular basis. Finally, D.C. is also a major hub for academia with reputed educational institutes like Georgetown University, Johns Hopkins University and George Washington University, amongst many others. All these fields have a large number of professionals who are looking for comfortable place to work from that will not cast a whole in their pocket like hiring a traditional office space is likely to do. Not to forget the large population of graduates who are seeking spaces to pursue their academic goals.
Coworking spaces are in great demand in Washington D.C. For all the above mentioned reasons D.C. has recently emerged with a wide range of shared office spaces as a vibrant trend, with dozens of dedicated and comfortable spaces opening to accommodate the flood of remote employees, freelancers, and part-time office workers.
Washington D.C. has the perfect coworking space for every professional need out there, however niche the requirement might me. Whether your need is meeting other local professionals with similar goals and interests, luxuriously designed interiors to keep you motivated to do your job or as simple as goof French pressed coffee, coworking spaces in Washington D.C. will not leave you disappointed. Popular locations in D.C. are areas arounf the White House Lawn, Downtown D.C., H Street, Capitol Hill and Logan Circle.
Make sure you look at the market you are aiming for before you select a coworking space. If you have a government contract, it is advisable to opt for a coworking space that has other members who are working on government assignments or are located around major government offices.