Spacestor Smarter Working Brochure
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Transcript of Spacestor Smarter Working Brochure
IF AT FIRST THE IDEA IS NOT ABSURD, THEN THERE WILL BE
NO HOPE FOR IT. - Albert Einstein
Smarter Working spacestor.com04
Tenants are moving from a combined
2.3 million sq ft to 4.2 million sq ft.
The technology, media and telecoms (TMT) sector is
attracting significant investment, which is allowing many
firms to expand rapidly and seek new office space.
According to data from London & Partners (the Mayor
of London’s investment company), £1bn was invested in
London’s tech sector in 2015.
/ 2015 and 2016 will deliver close to 2 million sq ft of new office
space in this area.
/ 0.5 million sq ft was completed over six months - 81% was let
before completion.
/ Total amount under construction: 1.4 million sq ft.
/ Average size of a scheme: 247,250 sq ft.
/ Average size of a floor: 18, 845 sq ft.
/ Top areas: King’s Cross, the West End, the City of London.
The positive trend in the construction industry is set to continue. According to Dodge Data
& Analytics, the industry will grow by six percent over 2015, up to $712 billion.
/ In Dallas, projects include a $1 billion Facebook data centre; 1900 Pearl, a 260,000 ft office
tower; and the ViaWest data centre, a 156,000-square-foot facility.
/ Office construction in New York is escalating. The New York Building Congress expects 4
million square feet of office construction in 2016. This includes 30 Hudson Yards, which
will be the second-tallest office building in New York.
/ Denver is one of the fastest-growing areas. A 40-storey office building, 1144 Fifteenth. will
be the first of its size built in Denver in 30 years.
/ California Pacific Medical Center’s new
730,000-square-foot hospital at Geary and Van
Ness: $2.1 billion.
/ Webcor’s $700 million rebuild of San Francisco
General Hospital, with 284-beds and 14
operating rooms.
/ Salesforce Tower – an office skyscraper to be
the tallest building in the Bay Area, 1,070 ft (326
m) high: $1.1 billion.
/ 222 Second St – a 370-foot (110 m) high office
skyscraper, LinkedIn’s new headquarters: an
estimated cost of $185 million.
/ Folsom Bay Tower, a residential development
with 390 units, to complete in 2018.
In San Francisco, the top 10 projects over the
past two years are estimated to have cost $9.3
billion and include hospitals, transportation
hubs and office towers. Residential
development is also key. It’s said that the
phenomenal building boom is causing a condo
glut that will reach a peak as new condo
towers are completed. Some 62,500 units are
in the pipeline, from ‘building permit filed’ to
‘under construction’.
London Office Developments
San Francisco Towers transform transform the skyline
USA Construction industry to grow by 6%
USA Key developments
London The tenants: Who’s who?
London The Tech Belt boom
The construction of office developments increased
by 18% from April to September 2015, according
to Deloitte’s London Office Crane Survey. This
increase, with 26 new building schemes, was
thanks to major projects such as Brookfield’s 100
Bishopsgate in the heart of the city, which totals
867,000 sq ft, getting underway.
London The top areas
The City remains the most popular area
with 13 new starts and 5.7 million sq ft
under construction. This area and the West
End account for 73% of the total volume
of construction.
Office construction hits a high
Percentage of spaces let by sector
Government
4%Insurance
2%Legal
5%Financial
27%TMT
44%Corporate
9%Professional
7%Other
2%
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Largested new start100 Bishopsgate
City: 867,000 sq ft
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Tech belt
The City
Total volume under construction
by submarket million sq ft
Londons demolition levels have increased by
(6.4 million sq ft) predicts further construction.
25%
0.5King’sCross
1.3Midtown
0.2Paddington
0.7Docklands
0.3Southbank
2.4West End
5.7City
11.1Total
Opportunity is missed by most people because it is dressed in overalls and looks like work. -Thomas Edison
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The sharing economy, also known as collaborative
consumption and the peer economy, is all about connecting
demand to spare capacity or spare assets. Owners rent out
something they are not using, such as a car, house or bicycle,
to a stranger using peer-to-peer services. PwC estimates
that the five main sharing sectors (peer-to-peer finance,
online staffing, peer-to-peer accommodation, car sharing
and music video streaming) have the potential to increase
global revenues from around $15 billion now to $335 billion
by 2025.
‘Large companies don’t need to fight this unstoppable trend,
but instead can collaborate with this movement and make
their products available on demand, motivate a marketplace
around them, or provide a platform for customers to build
on top of them,’ says Jeremiah Oywang, Founder of Crowd
Companies and global expert on the collaborative economy.
PwC identified five ways for organisations to position
themselves to make the most of this trend.
1. Understand sharing models and the potential role they
could play in your sector.
2. Take action: protect the base, prepare for change,
or pivot the organisation.
3. Focus on the customer experience.
4. Conduct a ‘sharing audit’ of your organisation’s asset
base – tangible and intangible.
5. Anticipate regulation and highlight the value of your
organisation.
As to be expected, the landscape of the sharing economy is
changing. Jeremiah Owyang, founder of Crowd Companies,
opens a window on the near future: ‘Airbnb will move into
home automation, and Uber and Lyft are gearing up for self-
driving fleets, further displacing workers, and I’d expect on-
demand home delivery services to experiment with drones.’
However, there are some growing pains. For instance, Los
Angeles and San Francisco prosecutors charged that Uber
had failed to screen out 25 drivers with criminal records.
New business models do not ‘give companies a licence to
mislead consumers about issues affecting their safety,’ said
San Francisco District Attorney George Gascón.
As companies grow large, they attract attention from
government regulators. Airbnb’s head of community,
Douglas Atkin, sees outdated laws threatening the growth
of the sharing economy. This is a tussle that looks set to
continue, as the leaders of this movement carve out new
modes of business.
Join the movement that’s breaking new ground in business
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“We don’t see retailers and manufacturers as competitors – we want to work with them. Buying new stuff isn’t going to go away. So this is really about growing the base by sharing the same ecosystem.”
Tom Chapman CFO +swappow
Action sports equipment sharing community
Make these key changes to your work day to enhance
your wellbeing and productivity.
1. Listen to music
This is a top way to help you work in an open-plan workspace.
If you need to focus intensely, it’s best to listen to music that
you’re familiar with. Electronic music is unobtrusive, and
repetitive in a good way. Music with lyrics is to be avoided for
intensive work, versus physical tasks.
2. Doodle as you think
Research shows that doodling helps people stay focused,
grasp new concepts and retain information. ‘It’s a thinking
tool,’ says Sunni Brown, author of The Doodle Revolution. ‘It
can affect how we process information and solve problems.’
3. Chat with colleagues
A study by researchers at the University Of Michigan found
that friendly, social interaction can boost our ability to solve
problems, in the same way as a crossword puzzle. ‘Some
social interactions induce people to try to read others’ minds
and take their perspective on things,’ explains psychologist
Oscar Ybarra. Connecting with others in this way also boosts
our wellbeing and can lead to a free-flow of ideas – known
as engineered serendipity.
4. Go out at lunchtime
According to surveys, only one in five workers takes a lunch
break. Yet taking a break, even for 15 to 20 minutes, is a
proven way to sustain your concentration and energy levels
throughout the day. A 20-minute stroll can increase blood
flow to the brain, which can boost creative thought.
5. Get the fuel you need
Don’t work on an empty tank; be sure to have lunch and
snacks during the day. Your nutrition - particularly your
glucose intake - will determine your productivity for the rest
of the day.
6. Take a mid-morning break
A mid-morning tea or coffee break is essential for your
productivity, research has shown. The study led by Emily
Hunter, Ph.D., and Cindy Wu, Ph.D., at Baylor University,
involved 95 people over five days. As you have the most
energy and resources earlier in the day, it’s easier to be
refreshed in the morning than the afternoon.
Six simple habits that boost productivity
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If everyone is moving forward together, then success
takes care of itself. -Henry Ford
Smarter Working spacestor.com06 Smart Working 29spacestor.com Smart Workingspacestor.com
Asia is leading the way as start-ups compete to assist
customers via the No. 1 user interface – messaging – that
has now evolved to offer so much more. This innovation
is known as mobile intelligent assistance, with the use
of ‘chatbots’.
Launched five years ago in China, WeChat is one example
of a messaging app that has developed into a broad-scale
e-commerce platform. WeChat’s many users in China use
the service to send money, buy flowers and even book a
dental appointment.
Goodbox, based in Bengaluru, India, offers a chat-based
mobile application for businesses and their consumers,
and was able to raise a $2.5 million investment from Nexus
Venture Partners. This platform enables customers to chat
directly with a business. Businesses can put up images, send
group messages to their customers, set up store timings and
even provide a menu function to list their items. ‘We feel like
this works, because many businesses, be it a grocery store,
a company or even a hospital, rarely have such apps of their
own,’ says co-founder Mayank Bidawakta. ‘This will really
help speed up processes and help both parties.’
In North America and Europe, messaging apps are predicted
to take over mobile usage. U.S.-based companies are finding
ways to reach out to their customer base via chat apps. For
example, Hyatt guests can use Facebook Messenger to ask
for clean towels or other housekeeping services.
KLM Royal Dutch Airlines recently launched a bot within
Facebook Messenger. This bot lets people ‘get their frequent
flyer number, boarding pass, check-in reminders, flight status
updates, and customer support directly in a Messenger chat
thread,’ according to Tech Insider. Just text it within Facebook
Messenger and the KLM bot will help you.
This is an exciting new frontier in tech innovation. It’s no
wonder Evernote founder, Phil Libin, has invested in an
unnamed bot maker and is building a lab to find out ‘what’s
investable, what’s buildable’. What’s certain is that we’ll
be using chatbots to help organise our lives, all via our
mobile phone.
Meet the chatbots - at your service
Imagine tapping a message on your mobile to request fresh towels in your
hotel room. It’s already happening. Companies are exploring new ways to
provide services to their clients via chat-based platforms.
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Synergy – the bonus that is achieved when things work together harmoniously. -Mark Twain
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Millennials are a force to be reckoned with. Companies such
as Deloitte are commissioning studies on what’s important
to them and everyone’s taking notes. This group, born
after 1980, is the first generation to come of age in the
new millennium – during a time of technological change,
globalisation and economic disruption. Their world view is
different; they have great expectations.
Deloitte surveyed nearly 7,700 millennials from 29 countries
during September and October 2015, to learn more about
their values and ambitions, drivers of job satisfaction, and
their increasing representation in senior management teams.
This report shows that millennials appear to be steered by
strong values at all stages of their careers: ‘It’s apparent in
the employers they choose, the assignments they’re willing
to accept, and the decisions they make as they take on more
senior-level roles.’
According to The Deloitte Millennial Survey 2016, millennials
judge the performance of a business on what it does and
how it treats people. They continue to hold business in high
regard; three-quarters (73%) maintain that it has a positive
impact upon wider society.
That is the good news. However, 44% of millennials
say, if given the choice, they would like to leave their
current employers in the next two years. ‘A perceived
lack of leadership-skill development and feelings of being
overlooked are compounded by larger issues around work/
life balance, the desire for flexibility, and a conflict of values.’
Deloitte’s advice to businesses is blunt- adjust how you
nurture loyalty among millennials or risk losing a large
percentage of your workforce. Most young professionals
choose organisations that share their personal values,
including a work-life balance. They are more willing to pass
up a promotion, change jobs, take a pay-cut or even change
careers to achieve more flexibility.
Millennials have made it clear what they seek. It’s up to
businesses to help create the brave new world they want, to
win their loyalty.
What millennials really want – and why you should care
Smarter Working
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Spacestor
USA
spacestor.us.com spacestor.uk.com
Spacestor
UKPhone: +44 (0) 02 8997 7899
Email: [email protected]
Phone: 310 410 0220
Email: [email protected]
41spacestor.comspacestor.com Smarter WorkingSmart Working spacestor.com40
Producing the components
of today’s progressive workspaces
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THE BEST WAY TO PREDICT THE FUTURE IS TO CREATE IT. -Alan Kay
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