News from JGRE

Volume 8, September 2016

Trend Report:   continued

  • By 2025, Millennials will comprise approximately 75% of the working population (source: Jamie Gutfreund, the Intelligence Group)

This demographic shift brings along with it a different set of expectations for the workplace and workspace design. Unlike their parents’ generation which placed work/life balance as priority number one, Millennials prefer work that’s integrated into their lives. The work/life balance has been replaced with a work/life integration equation.

In order for work to integrate with life, mobility and flexibility must be the cornerstone of the office design. Millennials desire collaborative workplaces that offer autonomy with a healthy dose of interactivity, when and where desired. Work zones, or activities-based office designs present the greatest opportunity for flexible work arrangements.

Top 3 Millennial Workplace Must-Haves

1.  Collaboration + Concentration

Millennials desire open workspaces for on-the-spot collaboration and free-flowing creative exchange, yet easily accessible concentration areas for focus work. Open office design with easily accessible concentration spaces provides a happy medium.

Design concepts: Open office design, Focus work areas, Hideaway places, Lounges, Media Zones, Huddle spaces

2.  Flexible Work/Touchdown Stations

A recent research study by Regus found that 70% of managers reported an increase in productivity after a shift to flexible work arrangements. Researchers also found that 63% of managers linked revenue growth directly to flexible working practices, according to a survey of 2,500 senior managers. Add to this the fact that Millennials prefer moveable touchdown stations rather than fixed cubicles or walled-in offices. They desire quick spaces to hang their hats, store their bags, charge up and keep moving. What does it all boil down to? Designing a workplace that caters to flexible work arrangements – such as touchdown stations for mobile workers – represents a sound business strategy. It not only reduces wasted real estate space caused by unoccupied, assigned offices, it keeps the business of the mobile worker flowing, without interruption.

Design concepts: Mobile Benching, Mobile Meetings, Mobile Touchdowns

3.   Recharge/Relaxation Spaces

Work/life integration means creating office environments which imitate life. Millennials want to take breaks throughout the day for meditation, to play a game, exercise, or just a private space for napping to recharge. These mini on-going breaks can do wonders for regenerating creativity and innovative thought. Forward-thinking businesses know that time out and relaxation spaces are much more than a Keurig, microwave, and a mini-fridge. Smartly-designed workspaces ensure workspaces are equipped with relaxation and recharge spaces, which will create a happier, healthier and productive workforce.

Design concepts: Lounges/Nooks, Phone Booth lounge, Lounge Work, Break Spaces, Cafe/Break Time Spaces, Cafes, Break/Game Rooms, Casual Lounge Spaces

Source: http://regalmark.net/what-millennials-want-in-their-workspace/

Joel & Granot’s Ellis Murray and Charles Ratcliff recently participated in a Millennials Survey with CORFAC International.  For more information Click Here ==>>

< back home

©2016 Joel & Granot Real Estate, LLC
962 Howell Mill Road, NW Atlanta, GA 30318  |  phone (404) 869-2600  |  
info@joelandgranot.com
Commercial Real Estate Services, Atlanta, GA