Goh includes that this sort of management contract collaboration between co-working drivers and property managers will certainly “transform the landscape for the business market”. She anticipates to see more of such collaborations occurring in the regional co-working market and also around the Asia Pacific area.
The new co-working area will certainly be developed in collaboration with layout firm Matthew Shang Design Office (MSDO). “We attracted inspiration from the trading and mercantile history of the river, in addition to the structure frontage with its products and also kind, to produce an office which is appealing, interesting, as well as engages with its surroundings,” states Matthew Shang, innovative supervisor of MSDO.
This will certainly give the developing an edge on the competitors and drive greater returns,” claims Noleen Goh, international head of actual estate at The Work Project.
When finished, this new co-working room will certainly be The Work Project’s 10th co-working area, and it comes soon after the operator added CapitaSpring in Singapore and Quay Quarter Tower in Sydney right into its profile previously this year.
Co-working operator The Work Project will certainly open up a 50,000 sq ft co-working room at 6 Battery Road in October this year. The opening of the new co-working room will certainly coincide with the conclusion of possession enhancement functions presently going through at the structure.
The Work Project tells EdgeProp Singapore that it will certainly operate the space under a management arrangement and the brand-new co-working place will certainly inhabit the 3rd, 7th and sixth floors. The 3rd flooring will include the primary business center with board areas, meeting rooms, function space areas, co-working workdesks and offices; while the leading two floors will be dedicated to workplace suites.