As co-working companies continue to gobble up space Downtown, one firm is looking to the suburbs for a big expansion.
Boulder, Colorado-based Office Evolution plans to expand its network of four suburban locations to as many as 30, according to the Daily Herald.
The firm currently has shared offices in Lisle, Naperville, Hoffman Estates and near Rosemont/O’Hare. CEO Mark Hemmeter said his company is looking for franchisees to dramatically expand that footprint.
“We’re really focused on the suburbs,” he told the Daily Herald. “And the suburbs are somewhat ignored.”
A relatively small part of the office market just a few years ago, co-working space in Downtown Chicago tripled between 2014 and the middle of 2018. A number of firms have added locations since then, including industry leader WeWork. [Daily Herald] — John O’Brien