September 02, 2011

Co-working gaining ground with tech entrepreneurs

Spacious co-working space offered by MarketCrashers in Toronto

 

While office spaces normally rents anywhere from a few hundred dollars to over $1,000 a month, co-working rates are very low a flexible. Some rates start as low as $8/hr per desk to about $400/month/per desk. Generally co-workers can book a space whenever the need arises. Some arrangements give guaranteed 24-hour access to their workspace, other shops close at around 10 p.m. or earlier.

Many Canadian co-working space operators trace the trace the idea of co-working to 2005 when used the tem to describe a physical space which he first called the 9 to 5 group. He later organized a co-working site called the in San Francisco.

There may have been some co-working arrangements existing about the same time in Canada but many locations appear to have blossomed



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