Mimicking WeWork and other co-working operations, the Massachusetts Biotechnology Council (MBC) recently opened a co-working space near its Boston headquarters. Spaces cater to members only for impromptu meetings or large-scale events.
How to hack it? Co-working and flexible work spaces are popular office trends with staying power, which is why the MBC opened its own co-working space for members. The MassBioHub, which opened last week, is located in Boston’s Kendall Square. It features a variety of configurations, including private meeting spaces, suites, and huddle areas, which the association offers for short-term use at below-market rates.
Why does it work? Boston is a growing hub for the life science industry, and the MassBioHub space defers some of the cost associated with a red-hot commercial real estate market.
“We know that event and meeting space to conduct business in Kendall Square and across greater Boston is at an all-time premium—rates are extremely high, and availability is limited, so we wanted to address this critical need for our members,” said Chief Operating Officer Kendell Burling O’Connell in a prepared statement.
What’s the bonus? Each space comes equipped with office concierge services, including hospitality and catering, plus state-of-the-art technology and equipment supported by an operations team.
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