302. Experiments in Third Spaces

I think we’re going to see demand for third spaces that are more of a work club approach than the traditional coworking/flexible office space that we see today.

Questions I’m asking:

  • How strong will the demand for third places that are not just designed for work, but designed for social/play/community events?

  • How will this business model work? What will drive profitability?

  • What will the offer mix look like? Food and beverage? Event space? Lounge space that looks more like the lobby at the Hoxton? 

  • What markets will support social/work clubs?

  • What’s the minimum viable size for a social/work club model?

  • Who will take the risk and experiment with these models?

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