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Coworking Megatrend Predictions for 2020

GCUC

by Liz Elam, founder of GCUC, the Global Coworking Unconference Conference. As founder of GCUC, the world’s largest coworking conference series, I travel the world learning about coworking. At the end of each year, I look ahead to where the coworking world is going and share my predictions for the coming year.

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The Future of the Workplace is Flexible

Revolution

Pandemic-induced office closures led to nearly impossible circumstances for a startup focused on events and coworking spaces. Particularly, as employers have re-evaluated their need for serious real estate. From the outside looking in, the timing of the HBC deal couldn’t be better.

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The Future of Hospitality is Here

Revolution

Image courtesy of Mint House Real estate lies at the core of our everyday lives?—?it Yet, technology adoption within the real estate community as a means to fundamentally disrupt how physical assets behave and how transactions occur was lagging up until the last couple of years.

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Bitwise Industries lands $80M to expand its sprawling software dev business

TechCrunch

Olguin and Soberal’s latest venture through Bitwise is commercial real estate — the two develop and turn previously blighted buildings into coworking spaces, restaurants, theaters and more. Historically, female founders have received just 12% of venture capital investment for their businesses.

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Remote Work, Not Taxes, Threatens Cities: Why That Threat has Peaked but Others Remain

This is going to be BIG.

The wealthy are also more likely to own mortgaged real estate—so they get tax write-offs on their interest payments and real estate taxes that renters do not, additionally padding their bottom line. The other major factor in what it costs to live in NYC is the opportunity cost of physical space.

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

Back in the late 90's, a lot of money and real estate brokering went into trying to make it so, however. That's what I fear when I see places like Berlin, Chicago, and Toronto putting on startup events--not enough anchors to make the whole thing stick and to turn the excitement into real opportunity.

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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

Hospitality’s end goal is nothing more than a new way to generate income on real estate assets,” Petit said. In addition to hotel rooms, many hotels now have fancy restaurants, sophisticated cocktail bars, conference centers, coworking spaces, spas and various paid experiences. It is a sector that comes from asset management.