Utah’s expanding economy and its tech-centric mix of industries have combined to give the state a special place in the global business of coworking.
Since some of the first companies offering flexible office spaces launched in the Beehive State around 2010, the sector has mushroomed to at least 28 locations run by a dozen firms, including one of the country’s largest coworking operators, WeWork.
And while WeWork has hit trouble recently, some Utah observers see growth in the coworking sector as a sign of the state’s continued economic well-being.
Coworking “is this kind of wonderful petri dish for companies to just keep growing and expanding in Utah,” said Trigger Reital, who directs the tenant advisory group for Cushman & Wakefield, a Salt Lake City-based real estate brokerage.