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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.

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