It’s no secret that there are more commercial spaces available for rent than ever before. The industry was booming pre-COVID-19, with an additional 50 million square feet of new construction put on the market annually from 2015 to 2019. Companies looking to create office spaces that will boost employee retention and attract fresh talent have a slew of new spots to choose from. And as supply continues to rise, landlords have begun fighting tooth and nail for tenants. The selling point? Amenities.
For more than a decade, offices have started to look less and less like offices. The best new commercial builds — the ones that lease faster with higher rents — aren’t the same-old cut-and-copy offices of the 20th century; they’re innovative, fresh and aimed to attract millennials, because, well, they have to be.
The modern millennial employee expects more out of an office than any other generation. Changing work habits, with more focus on coworking spaces, collaboration and comfort, are creating a need for novel design that merges home and office.
So, what does this mean for building owners and commercial design? Making a move toward truly resimercial furniture that merges home and office is the first step. Then comes creating adaptable settings for collaboration and relaxation, including rooftop decks, lounges and cafés. But amenities alone are not enough. To beat the inevitable pull from home and family, office spaces must offer both experiences and authentic community.
Coworking giant WeWork has set the mark for collaborative spaces by creating reasons for employees to come together, from coding classes to digital communities. Owners could also look to bring in fitness centers with lockers and showers, libraries and game rooms and childcare.
The good news is that there are thousands of amenities that suit each company’s unique goals. From something as simple as natural light to golf-simulators, serving the employees of tomorrow is an exciting task that will never get boring.