03 MARCH 2019
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Sunday, 3 March <strong>2019</strong><br />
Daily Tribune<br />
LIVING SPACES<br />
13<br />
No traffic<br />
A TRENDY bar makes coffee breaks more fun.<br />
By Kathleen A. Llemit<br />
With traffic proving more difficult for motorists to cruise<br />
past Manila’s main thoroughfares and inner streets easily,<br />
more and more companies are searching for ways to efficiently<br />
run their business and, in the process, save on potential losses.<br />
The Japan International Cooperation Agency revealed<br />
in February 2018 that the Philippines is losing P3.5 billion a<br />
day due to traffic congestion in Manila. This definitely does<br />
not bode well for many businesses, more so for startups and<br />
MSME (micro, small and medium enterprises).<br />
The past years have seen shared spaces sprouting up<br />
within and in the outskirts of the central business districts<br />
in Makati, Ortigas and Bonifacio Global City (BGC).<br />
Recently, a global brand opened its first location at BGC<br />
in the city of Taguig. WeWork occupies the ninth and 10th<br />
floors of the Uptown Bonifacio Tower Three Building. It<br />
is an American company headquartered in New York City<br />
that offers shared work spaces and services for startups,<br />
freelancers, small and large businesses. It was founded in 2010<br />
by Adam Neumann and Miguel McKelvey and currently has<br />
425 locations in 100 cities in North America, South America,<br />
Africa, Europe and Asia.<br />
The new Manila offices bear the same aesthetic as all<br />
WeWork spaces — work stations that are splashed with pops<br />
of color and amenities that make work more fun. Juxtaposed<br />
with vibrantly colored conference rooms and private work<br />
spaces are game rooms with a table-top football and table<br />
tennis; a karaoke room and a whimsical garden overlooking<br />
the towers of BGC.<br />
Co-working and shared spaces have become<br />
the norm in recent years driven mostly by the<br />
worsening traffic (in some locations such as the<br />
Philippines) or the behavior of the majority of the<br />
workforce, which are the millennials.<br />
The latter features a mural by Filipino artist Bitto of<br />
artificial turf mounds and planters and a swing at one corner.<br />
To pay homage to its Filipino host, the BGC space has a<br />
neon sign at the 10th floor inspired by Filipino boxing icon<br />
Manny Pacquiao. Another sign is inspired by the popular<br />
Pinoy dessert, halo-halo (ice shaved dessert with bits of red<br />
beans, jellies at the bottom and topped with ice cream and<br />
leche flan).<br />
Growing business<br />
WeWork thrives on collaboration. Globally, it has 400,000<br />
members, 13,000 of which are enterprise member companies<br />
(businesses with 1,000 employees around the world). In Southeast<br />
Asia, it has grown to 13,000 after opening locations in Ho Chi<br />
Minh and Kuala Lumpur last year and in February in Manila<br />
with 800 members.<br />
Co-working and shared spaces have become the norm in<br />
recent years driven mostly by the worsening traffic (in some<br />
locations such as the Philippines) or the behavior of the majority<br />
of the workforce, which are the millennials.<br />
Many studies have found out that millennials, in particular,<br />
prefer co-working or shared spaces that cater to their need for<br />
work-life integration, a concept that tries to marry work and<br />
well-being in one space. Thus, most co-working or shared spaces<br />
appear as a more casual set-up than the traditional look of<br />
COLORFUL and relaxing lounges near the work spaces.<br />
Its report<br />
updated as of<br />
February <strong>2019</strong><br />
indicated that<br />
an average<br />
four-person<br />
company saved<br />
up to $18,000<br />
on average on<br />
rent, fit-out<br />
costs and<br />
broker and<br />
agent fees<br />
for an office<br />
space of 600<br />
square feet<br />
FUN time with<br />
table tennis and<br />
table top football.<br />
DE-STRESS at the indoor garden overlooking the city.<br />
modular and structured offices.<br />
But beyond the “more fun” look of these work spaces is the<br />
positive impact it gives to startups such as Klook Philippines<br />
and Edukasyon.ph.<br />
Beyond the hip and cool setup, WeWork, like similar<br />
companies, provides not just space but solutions for smaller<br />
businesses. Aside from the physical work spaces, it has a digital<br />
environment, accessible through an app, that not only answer<br />
to member inquiries and benefits but also helps link companies<br />
with fellow-member companies for potential collaborations.<br />
“Klook offerings are about in 20 countries worldwide and<br />
out of these, five are set up in WeWork locations with Manila<br />
as its newest addition. As a very cross-functioning structured<br />
company, we work closely with our colleagues from Singapore,<br />
Indonesia, Bangkok. As a travel company, we also empower our<br />
colleagues to see the world and it happens in other locations of<br />
Klook. So we really saw the value of having a global access with<br />
WeWork locations around the world. We are really banking and<br />
benefitting from the global network of WeWork,” Michelle Cruz,<br />
market lead of Klook Philippines, said.<br />
She added that since signing up with WeWork, Klook<br />
Philippines has grown from five staff including herself a year<br />
ago to more than 40 at present.<br />
Similarly, Judge Calimbahin, the Chief of Strategy of<br />
Edukasyon, shared how the global network of WeWork enabled<br />
them not just to handle their operations smoothly but touch<br />
base with other companies that can help in their cause.<br />
Edukasyon is an online platform for the Filipino Gen Z that<br />
aims to empower its visitors to make informed decisions.<br />
“It has helped take care of our daily operations but at<br />
the same time create events; it also helped us reach out to<br />
clients that we would have never reached out to if we didn’t<br />
have a space like this,” Calimbahin said.<br />
WeWork shared how it has made an impact in the<br />
United States, with locations from coast to coast such as its<br />
headquarters in New York City, Tampa, Florida and California.<br />
Its report updated as of February <strong>2019</strong> indicated that an<br />
average four-person company saved up to $18,000 on average<br />
on rent, fit-out costs and broker and agent fees for an office<br />
space of 600 square feet.<br />
Its data also showed that WeWork is the largest private-sector<br />
employer in New York and 17th largest in Los Angeles. It generates<br />
$16.7 billion, or approximately 2 percent of New York’s total gross<br />
domestic product.<br />
These promising numbers are yet to be seen for the<br />
Philippine market but WeWork already has plans to open<br />
a business at the RCBC Plaza in Makati City by Q2 of <strong>2019</strong>.<br />
Each unit is thoughtfully designed for optimal<br />
space usage and outfitted with the features that<br />
matter most to professionals<br />
Young urban professionals on the hunt for a perfectly<br />
balanced life can now say goodbye to heavy traffic,<br />
lengthy commutes and long queues!<br />
A dynamic place has risen in Amorsolo Street in<br />
Makati City.<br />
Premier real estate developer Ayala Land is<br />
redefining the co-living trend in Metro Manila with the<br />
opening of The Flats. The 15-story building (right behind<br />
Makati Medical Center) features co-living spaces for<br />
lease designed to revolutionize the way young urban<br />
professionals rent in the city. It’s hip, trendy and,<br />
above all things, it is close to both work and places for<br />
recreation.<br />
The Flats Amorsolo is all about having the luxury of time<br />
as it eliminates<br />
the need to<br />
rush from<br />
home to office.<br />
It mixes all the<br />
elements that<br />
make work-life<br />
balance possible<br />
— accessibility<br />
to work and<br />
living close to<br />
commercial and<br />
leisure spots.<br />
It’s located<br />
within a five-minute walk to Ayala Avenue and near<br />
the Dela Rosa Walkway, as well as other shops that<br />
cater to everyone’s convenience. So, there is no need to<br />
endure heavy traffic or wait in long queues at bus and<br />
UV express terminals. Occupants are free to walk from<br />
their unit to their office without rushing.<br />
The Flats Amorsolo is a solution for on-the-go<br />
professionals who are challenged by long commutes<br />
and traffic jams every day. Being close to everything<br />
means more chances to rest and recharge, bond with<br />
friends or enjoy<br />
Makati’s vibrant<br />
entertainment and<br />
dining offers.<br />
The co-living<br />
units are available<br />
for a six-month<br />
minimum lease<br />
term. Up to a<br />
maximum of four<br />
occupants can share<br />
each space. Units<br />
for three occupants<br />
and two occupants<br />
per room are also<br />
offered. These<br />
units are perfect<br />
for longtime friends,<br />
officemates and<br />
ACCESSIBLE and functional, the loft room even professionals<br />
can be the pick for those who want their who want to meet<br />
desk just below their bed.<br />
new flat mates to<br />
grow their network.<br />
Each unit is thoughtfully designed for optimal space<br />
usage and outfitted with the features that matter most to<br />
professionals — built-in beds, built-in cabinets, individual<br />
desk spaces, air-conditioning, a kitchenette to prepare<br />
your meals and an en suite toilet and bath with shower.<br />
Ample security is guaranteed as each occupant is<br />
given an electronic key card. A lobby and reception area<br />
feature basic service shops to ensure that occupants<br />
enjoy day-to-day home conveniences. Parking may be leased<br />
separately.<br />
More of<br />
these spaces<br />
carrying the<br />
Ayala Land<br />
brand will be<br />
launched in the<br />
coming months.<br />
These will be<br />
situated in<br />
other areas<br />
of Makati<br />
and Bonifacio<br />
Global City<br />
where a huge<br />
chunk of young urban professionals work.<br />
Send an email to hello@theflats.com.ph or a text<br />
message to 0917-5118113 for reservations. For more<br />
information about The Flats Amorsolo, visit theflats.com.<br />
ph or follow their Facebook and Instagram accounts @<br />
theflatsamorsolo.<br />
THE distinguishable<br />
and vibrant facade<br />
of The Flats brings a<br />
youthful and fun take<br />
on co-living.<br />
INVITING and bright colors greet tenants<br />
passing by the hallways.<br />
WORK desks inside the bunk bed type room<br />
provide functionality and efficiency.