ANALYSIS:
City Staff has been in communication with WeWork to understand partnership opportunities with the City of Miami Beach and how we can utilize the WeWork services for support of our local small business community. WeWork is interested in offering a similar discount program at the two South Beach coworking spaces.
Concurrently, Staff is working with WeWork to help identify other potential areas in which to launch on Miami Beach, including North Beach and the 41st Street Corridor.
There are many different coworking spaces and models represented in the South Florida region. A majority of coworking spaces share the same financial model: monthly membership fees based upon usage of the space (dedicated desk, private office space, drop-in and on-the-go). However, there are industry specific models along with nonprofit coworking spaces that cater specifically to philanthropic and socially conscious entities. Below is a brief summary of some of the coworking spaces in Miami Dade County and their unique offerings. Currently, only Buro and WeWork are represented in the City of Miami Beach.
Nonprofit/Socially Focused:
Center for Social Change
Tedge Mindful
EcoTech Visions
Innovation and Technology:
Cambridge Innovation Center (CIC)
The Lab
The Building
Design, Art, Creative Makers:
Moonlighter
MADE at the Citadel
Miami Ironside
Traditional Business Development:
Pipeline
Buro
WeWork
As the shared work space trend continues to evolve and grow, new business models are emerging throughout the Country. In New York City, a new coworking company named Spacious has recently started to explore how they can activate and use restaurants during daytime hours that are typically only open at night as office space. University libraries along with public libraries have also begun to explore building in coworking and maker spaces into their facilities that would allow residents and students to use them at a reduced or free rate.