Coworking Spaces in Indianapolis, IN
Indianapolis is the capital of Indiana and the state’s largest city by population. The metropolitan area is home to over 2 million people and a dynamic blend of business and industry. Indianapolis is also an ideal place for tech-oriented freelancers.
U.S. News & World Report recently noted how the entire state has embraced the coworking concept. In fact, between 2017 and 2018, coworking spaces saw a 40% growth rate, according to the Indiana Economic Development Corporation.
Freelancers are also embracing the coworking scene in Indianapolis. At the end of 2017, workers classifying themselves as freelancers made up about 4.7% of the entire labor force, helping to fuel the demand for shared space in Indianapolis.
Coworking Market in Indianapolis, IN
Cushman & Wakefield reports that net absorption of office space in Indianapolis and its submarkets has been positive for nine consecutive years. Operators of coworking spaces in Indianapolis are doing their part to help keep vacancy rates in the Indianapolis metro area low.
For example, Launch Fishers is one of the state’s largest and longest-running companies providing flexible office space in Indianapolis. Recently the company more than tripled its coworking footprint to about 52,000 sq. ft. Shared working spaces in Indianapolis are also focusing on specific industries. One example is the Indiana IoT Lab in the Fishers submarket of Indianapolis which caters to freelancers working in the medical device and bioengineering business sectors.
The skilled Indianapolis workforce is in demand by both startup companies and big business. Employment levels in Indianapolis are at record highs and well above the national average. Between 2013 and 2017, the number of people holding bachelor’s degrees or higher increased by nearly 20%. Degree holders in the science and engineering grew over 32% in the same four-year period.
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What is coworking?
Coworking is a collaborative and flexible work style that involves a shared workplace or shared office space. The difference between coworking and traditional offices is that people who work in a coworking space don’t usually work for the same company or organization. This is why these collaborative work spaces appeal to freelancers, small businesses, solopreneurs, and independent workers. The coworking provider that manages the space handles all the services and amenities, to make sure all individual needs are covered. Many coworking spaces offer services such as event space and conference rooms, free wi-fi, virtual business addresses, 24/7 access, pet-friendly policies, printer and fax services, as well as the ability to rent office space by the hour, the day, the month, or long-term.
How to find the right coworking space in Indianapolis, IN
CommercialCafe is your go-to source for finding coworking & shared spaces in Indianapolis, IN. Search our selection of in Indianapolis, IN coworking spaces and find the right provider for your workspace needs. Our database includes 0 coworking office properties, so you can easily find your space and start working. Use our advanced search feature and filters to find the right shared office space, by selecting your desired price, neighborhood, and amenities such as complimentary Wi-Fi, coffee and tea, printing and scanning services or pet-friendly policies. Whether you’re looking to rent office space for a day, trying to find an hourly office rental, or searching for a longer-term option, we’ve got you covered.