As the state capital of Texas and one of the fastest-growing large cities in the US, Austin is a popular location for businesses looking to explore the southwest market. It has a reputation as a major center for high tech businesses and has recently become a hub for pharmaceutical and biotech companies. As a result, office space in the area is high in demand. With several coworking space options in Austin to choose from, more businesses are looking to this agile way of working in their ideal location.
The Red River District is known for its retail hub, while many big tech names call the Warehouse District home. The Uptown/Arts District is close to the Texas State Capitol, making it a prime location for law firms and regulatory offices. Meanwhile, the 2nd Street District is Austin’s shopping hub, dominated mainly by the retail and hospitality industries.Tech businesses searching for coworking space in Austin will find themselves in good company. Austin is sometimes called the “Silicon Hills”, due to the many big tech names headquartered in the city. Some of the major companies with operations in Austin include Apple, Hewlett-Packard, Google, Facebook, Cisco Systems, Bioware, Blizzard Entertainment and Silicon Laboratories. Smaller businesses looking for coworking space in Austin will be pleased to hear it’s not only about big corporates. You may have heard of the motto “Keep Austin Weird" - the city is known for its diversity, vibrancy and eccentricity, a source of pride for many Austin citizens. However, the motto also serves as a reminder of the city’s support for local independent business ventures which reflect its individuality. This is good news for SMEs and entrepreneurs wanting to establish themselves in this cosmopolitan city.
The different areas of Austin and surrounds attract a mix of businesses. Downtown Austin is known as the city’s central business district and home to major corporations, while communities like Mueller and Govalle will typically have a more eclectic selection of independent businesses.
Find your ideal business space with a fully equipped coworking space in Austin, and make a name for your company in this exciting and fast-growing location.
Austin is one of the few major cities in the US to have seen a substantial uplift in flexible workspace rates throughout 2019. Our data shows an increase of over 15% compared to rates achieved during 2018, a sure-fire sign that demand is booming within the city. Supply has been growing steadily, but a 12% increase is small compared to many other major US cities, and unsurprising given the limited availability of office space. With a growing tech industry and tight office supply, rates could continue to grow as competition for high-quality space continues to rise.
To find your ideal office, our workspace specialists will undertake extensive searches with a network of trusted office providers (inc. landlords and commercial property agents). We share your enquiry details with them in order to locate the ideal space for you. A member of the Instant team or service office provider will be in touch with you by phone or email, shortly to discuss your requirements.
How We Use Your Information
Please read our Privacy and Cookies Policy for details of how we use and store the information you provide.