You own a business or you are the decision maker for a business and are under pressure to save money. Your company’s biggest cost is labor and you know the minute you go to cut costs in that area, you are making headlines you don’t want to make. How do you cut costs and come out ahead? You look to your second (or maybe third) largest business expense – your real estate.
Coworking has moved from the coasts to the Twin Cities and is in full swing. From local to national operators and from single site to multi-site the move to coworking continues. Coworking is collaborative workspace that provides both open and dedicated space along with amenities such as conference rooms, mail services, networking opportunities and, most often, really good (and free!) coffee to its members.
Commercial real estate has plenty of changes to keep an eye on in the new year. From investments to lending to how spaces and places will actually be used, 2017 promises to be a year of sweeping high-level change as well as continued cultural, technological, and lifestyle shifts. This year Kimble Consulting is making predictions on collaborative spaces, built-in well-being, and how developments are re-imagining their environmental footprint through new parking plans.
Collaboration is at the core of my work. It is the essence that makes a good project even better. As a real estate developer and as a consultant collaboration is a must, ensuring we grow an idea together, and that we shape a project through an interdisciplinary approach. It takes persistence and stamina and a genuine passion to bring people and resources together; to harness the benefits of collaboration that create excellence and take a project from good to great.
Developing an innovation district is a commitment to goals. It requires sound strategies implemented through a myriad of details. It’s easy to get caught up in those details, the challenges, the magnitude of communicating with so many important stakeholders, and the fundraising. So I decided to kick-back for a minute and imagine what this place will be like, to remember why we are doing this.