According to a report by the Computer Industry Technology Association (CompTIA), last year Tech-related employment in the Denver metropolitan area alone increased by 5,291 new jobs.
Since 2017, we have been actively growing our US presence as a company. That expansion arose from the need to accommodate more development staff, with largely fueled by demand from the US market. Thrive Workplace – a coworking firm focused on providing custom, result-driven workspaces with a flexible pricing structure, served up in a thoughtful, and collaborative culture – plans to expand its footprint and add additional services by years end.
Based on this mutual growth, Switch decided to move-in to the Arvada, CO location at Thrive Workplace – in order to increase collaboration between the two companies.
Last year, flexible space operators accounted for 13.4 million square feet, or 7.6 percent of total office footage leased in the United States in 2018, according to data from commercial real estate firm CBRE. And as of August 2019, that number had already jumped to 8.6 percent of total office space.
Here is what Management says about the partnership, from Thrive and Switch respectively:
S. Arnie Johnson – Chair and President, Thrive Workplace Board of Directors – said the following about the partnership, “Thrive’s leadership has identified, as part of its ongoing strategic development, the need to provide services to our members. A key part of this strategy is based on the ‘Core Values’ established by our leadership team. A specific area is in software, and we looked for a dynamic company that is ‘Growth Minded’ and could offer our members a variety of services. Thrive focuses on ‘Creating an Outstanding Customer Experience’ and helps our members grow. This partnership with Switch not only enables outstanding services to our membership, but also gives Switch the opportunity to grow in the Colorado marketplace. We are excited to move forward on this partnership and offer these benefits to our Community.”
“We have already witnessed first-hand the demand of very dynamic SMBs in Colorado and elsewhere in the US. One of our first clients in the space was a Texas-based company who secured funding from Mark Cuban on a cold email. These small, innovative firms, especially those already established with highly technical management staff or technical Founders, seem to see the value in rapid access to quality software engineers – to expand their product or service capabilities faster than the competition – and at a cost that still allows them to invest in growth in other non-technical areas, like go-to-market initiatives. We see this partnership with Thrive Workplace as an excellent opportunity to capitalize on the initial traction we have gained in the US market, and most importantly, a strategic partnership opportunity with a company that we truly share values with,” said Nicolas Zangaro, Co-Founder & Executive Partner of Switch Software.
About Thrive Workplace
Thrive Workplace, based in Denver, is a family-owned coworking community offering unique, flexible and member-centric work spaces thoughtfully designed to cultivate innovation and success. With over 54,000 square feet across three locations in downtown Denver, Cherry Creek and Arvada, Thrive Workplace provides customizable workplace options including private offices, open work spaces, conference rooms, corporate event space and training rooms available to rent on a permanent or scalable basis. Founded in 2010, Thrive Workplace offers a relationship-driven coworking experience with access to member-benefits, local discounts and community events. For more information, please visit www.thriveworkplace.com.
Link to original press release.