Spaced out: As rents rise, cool shared work spaces boom - CNN.comvar cnnCurrTime=new Date(1365817513000),cnnCurrHour=21,cnnCurrMin=45,cnnCurrDay="Fri",cnnIsIntl=true,clickID=212106,cnn_cvpAdpre="edition.",cnnCVPAdSectionT1="edition.cnn.com_specialreports_globaloffice_t1",cnnCVPAdSectionInPage="edition.cnn.com_specialreports_globaloffice_inpage",cnnShareUrl="%2F2012%2F09%2F20%2Fbusiness%2Fco-working-spaces-asia%2Findex.html",cnnShareTitle="Spaced%20out%3A%20As%20rents%20rise%2C%20cool%20shared%20work%20spaces%20boom",cnnShareDesc="",cnnFirstPub=new Date('Thursday Sep 20 03:39:43 EDT 2012'),cnnSectionName="iBUSINESS",cnnSubSectionName="",cnnPageType="Story",cnnBrandingValue="intl.global.office";cnnPartnerValue="";cnnOmniBranding="Global Office",cnnAuthor="Vanessa Ko, for CNN",disqus_category_id=207582,disqus_identifier="/2012/09/20/business/co-working-spaces-asia/index.html",disqus_title="Spaced out: As rents rise, cool shared work spaces boom",cnn_edtnswtchver="edition",cnnIsStoryPage=true,cnn_metadata = {},cnn_shareconfig = [];cnn_metadata = {section: ["iBUSINESS",""],friendly_name: "Spaced out: As rents rise, cool shared work spaces boom",template_type: "content",template_type_content: "gallery",business: {cnn: {page: {author: "Vanessa Ko, for CNN",broadcast_franchise: "",video_embed_count: "1",publish_date: "2012/09/20",photo_gallery: "Spaced out: As rents rise, cool shared work spaces boom"},video: {video_player: ""}}},user: {authenticated: "",segment: {age: "",zip: "",gender: ""}}};if (typeof(cnnOmniPartner) !== "undefined") {if (cnn_metadata.template_type_content === "") {cnn_metadata.template_type_content = "partner";}}var photo_gallery = "Spaced out: As rents rise, cool shared work spaces boom";if(typeof CNN==='undefined'){var CNN=Class.create();}CNN.expandableMap=[''];function _loginOptions(){};var disqus_url=(typeof disqus_identifier!=='undefined') ? 'http://www.cnn.com/2012/09/20/business/co-working-spaces-asia/index.html' : 'http://www.cnn.com'+location.pathname;cnnad_newTileIDGroup(['970x66_top','300x250_rgt','300x250_rgt2','336x280_rgt','336x850_rgt','300x150_rgt','728x90_top','728x90_bot','BG_Skin','120x90_bot1','120x90_bot2','120x90_bot3']);cnnad_newTileIDGroup(['607x95_adlinks','336x280_adlinks']); EDITION: INTERNATIONAL U.S. MÉXICO ARABIC TV: CNNi CNN en Español Set edition preference Sign up Log in Home Video World U.S. Africa Asia Europe Latin America Middle East Business World Sport Entertainment Tech Travel iReport /* STORY PAGE SPECIFIC CSS */.cnn_stryspccvrgehdr { background:#fff url('http://i.cdn.turner.com/cnn/.e/img/3.0/mosaic/bg_speccov_hdr.gif') 0px 0px repeat-x; }.cnn_stryspcvh1 { position:relative; height:74px;background:transparent url('http://i.cdn.turner.com/cnn/.element/ssi/story/3.0/banner/intl.global.office.inc/global.office.jpg') 50% 0px no-repeat;overflow:hidden; }.cnn_stryspcvh2 { font:bold 10px/12px arial;color:#666;padding:0 0 2px 0; }.cnn_stryspcvh3 { font-family:arial, helvetica, sans-serif; font-weight:bold; font-size:18px; line-height:21px; }.cnn_stryspcvh4 { position:absolute; z-index:1000; float:left;margin:30px 0 0 10px;display:inline; }.cnn_stryspcvh5 { float:right;margin:30px 10px 0 0;display:inline;text-align:right; }.cnn_stryspcvh20 { padding:0 0 2px 0; }.cnn_stryspccvrgebot { height:3px; background:#e6e6e6; }.cnn_stryspccvh6 { width:100%; height:74px; text-align:center; left:0; }.cnn_stryspccvh6 a { display:block; margin:0 auto; width:223px; height:74px; }Part of complete coverage onGlobal OfficeSHARE THISPrintEmailMore sharingRedditStumbleUponDelicious/* push in config for this share instance */cnn_shareconfig.push({"id" : "cnn_sharebar1","url" : "http://www.cnn.com/2012/09/20/business/co-working-spaces-asia/index.html","title" : "Spaced out: As rents rise, cool shared work spaces boom"});Spaced out: As rents rise, cool shared work spaces boomBy Vanessa Ko, for CNNSeptember 22, 2012 -- Updated 1437 GMT (2237 HKT)if (typeof cnnArticleGallery=="undefined"){var cnnArticleGallery={};if(typeof cnnArticleGallery.currentImageList=="undefined"){cnnArticleGallery.currentImageList=[];}}var expGalleryPT00=new ArticleExpandableGallery();expGalleryPT00.setImageCount(9);expGalleryPT00.setAdsRefreshCount(3);//cnn_adbptrackpgalimg("A different working environment", 1);.cnn_html_slideshow_metadata > .cnn_html_media_utility::before{color:red;content:'>>';font-size:9px;line-height:12px;padding-right:1px}.cnnstrylccimg640{margin:0 27px 14px 0}.captionText{filter:alpha(opacity=100);opacity:1}.cnn_html_slideshow_media_caption a,.cnn_html_slideshow_media_caption a:visited,.cnn_html_slideshow_media_caption a:link,.captionText a,.captionText a:visited,.captiontext a:link{color:#004276;outline:medium none}.cnnVerticalGalleryPhoto{margin:0 auto;padding-right:68px;width:270px}European cities have embraced the co-working concept. Zonaspace (pictured) in St Petersburg, Russia, is said to be the largest co-working place in the country.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":true,"x":0,"y":0,"pos":1,"title":"A different working environment"}This space, located in a high-rise office building, includes a large outdoor terrace.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":2,"title":"The Hive, Hong Kong"}CoCoon occupies a sprawling14,000 square feet and has a ping-pong table and meditation room.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":3,"title":"CoCoon, Hong Kong"}As with most co-working space, Xindanwei offers open working areas as well as enclosed offices.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":4,"title":"Xindanwei, Shanghai"}This space, which includes a small library, was converted from garages.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":5,"title":"OpenSource Cafe, Tokyo"}Citizen Space, founded in 2005, is seen as the first co-working space that spawned a global trend.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":6,"title":"Citizen Space, San Francisco"}Gangplank opened its first collaborative space in Chandler five years ago and has since established two more branches in Arizona.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":7,"title":"Gangplank, Chandler, Arizona"}This striking space is a co-working studio specifically for those in the creative industries.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":8,"title":"Jellyfish Cartel, Los Angeles"}This space is in the neighborhood of Kreuzberg, a center of creative culture in Berlin.cnnArticleGallery.currentImageList[cnnArticleGallery.currentImageList.length]={"currentPicture":false,"x":0,"y":0,"pos":9,"title":"BCN, Berlin"}HIDE CAPTIONA different working environmentThe Hive, Hong KongCoCoon, Hong KongXindanwei, ShanghaiOpenSource Cafe, TokyoCitizen Space, San FranciscoGangplank, Chandler, ArizonaJellyfish Cartel, Los AngelesBCN, Berlin<<<123456789>>>Event.observe(window,'load',function(){if(typeof(cnn_adbptrackpgalimg) == 'function' && typeof(cnnArticleGallery) != 'undefined'){cnn_adbptrackpgalimg(cnnArticleGallery.currentImageList[0].image,"Spaced out: As rents rise, cool shared work spaces boom");}});STORY HIGHLIGHTSCo-working spaces widespread in U.S., Europe and making headway in AsiaThese places court mostly people in 20s, 30s working on projects solo or in small teamsFreelancing catching on in Asia, where people traditionally work for large corporationsMost co-working spaces seek to build community and encouraging entrepreneurship
Hong Kong (CNN) -- Starting a company can feel like a lonely business. But for a little more than $100 a month, Hong Kong resident Ken Chan can develop his start-up, network with like-minded people and relax with a game of ping-pong -- all under the same roof.
He is one of a growing number of go-it-alone entrepreneurs and freelancers in Asia leaving their apartments and cafes, and settling into "co-working" spaces.At these shared offices, they get to work in what is usually a laid-back but professional environment. However, almost just as important for these nomadic workers are the social and emotional benefits of mingling with their own kind."Coming here, you can feel supported by other people working on their businesses and feel less alone," said Chan, who goes to the co-working space CoCoon, where he works on his Internet start-up, wholedaybuy.com."There's definitely this emerging segment of people who don't want to project a corporate image, but they want a comfortable space to work."
Constant Teddervar currExpandable="expand25";if(typeof CNN.expandableMap==='object'){CNN.expandableMap.push(currExpandable);}var mObj={};mObj.type='video';mObj.contentId='';mObj.source='business/2012/09/20/travel-insider-austin-coworking.cnn';mObj.videoSource='CNN';mObj.videoSourceUrl='';mObj.lgImage="C:\Program Files\ABS\Auto Blog Samurai\data\Barry Wiraditia\nnn\120920051043-travel-insider-austin-coworking-00010006-story-body.jpg";mObj.lgImageX=300;mObj.lgImageY=169;mObj.origImageX="214";mObj.origImageY="120";mObj.contentType='video';CNN.expElements.expand25Store=mObj;Co-working: Like your office but better But Chan says not to underestimate the practical advantages of having actual office space in Hong Kong, where high rent makes a permanent office out of reach for many who are just starting out. "If you want to meet a client, you want to have the space. It's a physical location to gather people," he says.Thought to have first started in San Francisco in 2005 with Citizen Space, co-working spaces are now widespread in the U.S. and Europe and are making headway in Asia, courting mostly people in their 20s and 30s working on projects solo or in small teams.There are now dozens of such places in Tokyo, and a handful have opened in Shanghai and Hong Kong. The congested cities seem ready-made for co-working, with cramped apartments that could make working from home unpleasant -- and unimpressive for investors or clients.And going it alone is just starting to catch on in Asia, where people traditionally strive to work for large corporations."It's only becoming acceptable to take the risk of starting tech start-ups or being a freelancer," says Constant Tedder, the British founder of The Hive in Hong Kong, a co-working space that opened in May.The cost of going to The Hive ranges from $40, for a day pass, to over $750 per month for a dedicated desk. Tedder sees the demand throughout Asia and is looking to expand to other cities in the region.For freelancers, who often work in creative industries like design, stuffy cubicles just do not cut it, Tedder said."There's definitely this emerging segment of people who don't want to project a corporate image, but they want a comfortable space to work," he says.The Hive touches all the hallmarks that make co-working an attractive alternative to sitting in a coffee shop with a laptop: The space is open, desks equipped with power outlets are meant for sharing, members each get their own lockers, and enclosed meeting rooms provide privacy when needed. And, it hosts informative talks and networking events.Most co-working spaces have a heavy component of building community and encouraging entrepreneurship -- some operators say breaking even is nice but not the primary goal.At CoCoon, which occupies a sprawling 14,000 square feet and has a ping-pong table and meditation room, members must pass an application process, showing that they have something to offer the co-working community, whether it be a solid start-up idea, programming skills, mentorship or investment potential."We think Hong Kong can use another place to foster entrepreneurs, and we hope talent can collaborate amongst themselves," says Erica Ma, one of CoCoon's founders.CoCoon charges $125 per month, which is unusually low, but the founders see the program as a kind of social enterprise to support start-ups and smaller businesses.The space organizes regular events, including a recent talk on brand licensing and BarCamp, a technology conference that originated in the U.S.Entrepreneurs say in the daily grind, which often means hours sitting in front of a laptop, it helps to know that others are doing the same thing. Yet people working on Internet start-ups do not get much support, as the field is still seen as unconventional in Hong Kong.So for Jah Ying Chung, who is starting launchpilots.org, a site that helps young people get involved in social causes, going to CoCoon provides motivation."It's different when you're always seeing people doing stuff that's cool. It's a big impetus," she says.0Comments »SHARE THISPrintEmailMore sharingRedditStumbleUponDelicious/* push in config for this share instance */cnn_shareconfig.push({"id" : "cnn_sharebar2","url" : "http://www.cnn.com/2012/09/20/business/co-working-spaces-asia/index.html","title" : "Spaced out: As rents rise, cool shared work spaces boom"});var OB_permalink='http://edition.cnn.com'+location.pathname;var OB_langJS='http://widgets.outbrain.com/lang_en.js';var OB_widgetId='AR_1';var OB_Template="cnnedition";if (typeof(OB_Script)!='undefined'){OutbrainStart();}else{var OB_Script=true;var str="cnnad_createAd("708083","http://ads.cnn.com/html.ng/site=cnn_international&cnn_intl_pagetype=mmst&cnn_intl_position=607x95_adlinks&cnn_intl_rollup=world_business&page.allowcompete=no¶ms.styles=fs","95","607");cnnad_registerSpace(708083,607,95);Part of complete coverage on Global OfficeSmile like you mean itOctober 29, 2012 -- Updated 0256 GMT (1056 HKT)If you find yourself giving off a sunnier disposition when your boss is smiling, it might be because your brain is wired to do so.Working for the 'good guys'November 8, 2012 -- Updated 0325 GMT (1125 HKT)Employees want to work for the good guys and if companies want to attract and keep top talent, corporate social responsibility matters.Can coaching kick-start your career?November 2, 2012 -- Updated 1249 GMT (2049 HKT)Bill Clinton had a coach, Oprah Winfrey used one to help her get to the top of her career and, of course, top sports stars have them. Spaced outSeptember 22, 2012 -- Updated 1437 GMT (2237 HKT)Co-working spaces are on the rise in Asia where rents, and a desire to collaborate, are high. Tech to change your lifeFrom 'gameification' to virtual reality Google glasses, check out the top 10 tech coming to an office near you soon. Wacky workplace novelsSeptember 14, 2012 -- Updated 0413 GMT (1213 HKT) In 2009, Lu Qi, an author of martial arts novels, published his first book on a slightly different type of combat sport: office politics in China. Quiz: Negotiate office politicsAugust 31, 2012 -- Updated 0311 GMT (1111 HKT)What to do with gossiping colleagues, smelly lunches and when the boss has your number. China's culture of work August 27, 2012 -- Updated 0450 GMT (1250 HKT)Perplexing power structures and Confucianism could be stifling China's creative businesses. Improve your office lifeFrom dogs and plants to turning off your devices, we highlight eight ways to make office life better. 'Generation Y' to dominateAugust 21, 2012 -- Updated 0621 GMT (1421 HKT)It could be out with old meeting rooms and in with new social spaces, as Generation Y is set to transform the way we work in the next ten years. The world's coolest officesAugust 10, 2012 -- Updated 0930 GMT (1730 HKT)View the gallery of some of the worl's most spectacular and wacky offices. Is office design the key to success?August 10, 2012 -- Updated 1442 GMT (2242 HKT)in the 1980s, more than a sharp suit or a beautiful secretary, having a nice office meant you had arrived. Is it stil the case?Quiz: Business jargonAugust 10, 2012 -- Updated 0724 GMT (1524 HKT)You're in your 'swim lane' and the 'tiger team' is on the way. 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