20 Markets Experiencing Notable Coworking Space Growth
The U.S. coworking market has grown 23% in recent years, reflecting post-pandemic shifts in workforce migration, employment patterns and local economic growth, according to a new analysis from CoworkingCafe. The study examined cities with notable increases in working-age population, employment rates, remote-work adoption and pandemic-era population inflows, then tracked how coworking inventories evolved between 2023 and 2025.
Some cities are experiencing major coworking booms, driven by some of those fundamentals.
In Gilbert, Arizona, eight new coworking spaces were added to the five existing locations as remote workers more than doubled to nearly 33,000, supported by a 9% overall workforce increase. Neighboring Chandler mirrored this trend, bringing nine new spaces online while remote employees doubled to roughly 34,000, aided by corporate anchors such as Wells Fargo and PayPal.
Newark, New Jersey, nearly doubled its coworking inventory to 13 spaces as remote workers surged 126%, benefiting from affordability relative to New York City. Richmond, Virginia, added five locations, supported by over 20,000 telecommuters and major employers, including Thermo Fisher Scientific. In Buffalo, remote workers nearly tripled, prompting five new coworking spaces as the local tech sector expanded with companies such as Odoo and M&T Bank.
Established markets continued to expand, though at varying rates. Boston led the nation in remote-work adoption, with telecommuters more than tripling to nearly 19% of the labor force, supporting a 34% increase in coworking spaces. Madison, Wisconsin, saw the largest influx of working-age residents in 2023, driving a 20% rise in coworking inventory. Orlando added 17 spaces as telecommuters doubled to over 25,000, supported by tech and office-sector growth.
Charlotte debuted 22 new spaces, with a remote workforce now representing more than a quarter of employees. Austin took on 19 spaces, bringing its total to 77, as remote workers more than doubled to nearly 157,000, aided by major employers including Samsung, SpaceX, and Apple. Durham, North Carolina, grew to 21 spaces with nearly 32,000 remote workers and Columbus, Ohio, added seven as remote workers jumped 118%, supported by finance, tech and insurance sectors.
Pittsburgh expanded by seven spaces with a remote workforce nearing 32,000. Seattle continued steady growth, with work from home representing over 31% of the labor supply. Denver added 10 new spaces as remote workers doubled and employment rose. Philadelphia added six spaces amid a 134% increase in telecommuters and growing tech-focused investment.
Meanwhile, some mature coworking markets are seeing slower growth, as they already have robust inventories and established flexible work cultures. Irvine, California, posted a 14% increase in labor supply, fueling an 8% coworking expansion and bringing its total to 39 spaces, concentrated near John Wayne Airport and East Irvine. Atlanta added three new spaces to reach 116 locations, with remote workers surpassing 70,000 by 2023, supported by major employers including Mercedes-Benz, PrizePicks and xAI. Miami brought just one space to the market despite the highest employment growth and nearly 34,000 telecommuters, reflecting a mature market, though rising employment and a growing tech sector suggest steady future gains. Washington, D.C., experienced a slight decline, dropping from 83 to 80 spaces, signaling market saturation in downtown and the East End. 19
Source: GlobeSt/ALM