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Demystifying Location Metrics: What to look for in a commercial space?

Location metrics refer to quantitative and qualitative data points pertaining to a potential office space that indicate how suitable it is for housing a company's operations. Assessing these metrics effectively is crucial for shortlisting sites.

Picking optimal sites directly impacts talent acquisition and retention, efficiency, growth prospects and the bottom line. The wrong site selection often forces relocations down the line - an expensive and disruptive proposition.

Sifting through the array of metrics like zoning laws, square footage, proximity, safety features etc across potential locations is challenging. Limited knowledge also leads to overlooking critical aspects during analysis which creates problems later. For instance, something as basic as unstable internet connectivity can hamper work, especially for technology firms and remote teams.

With decades of experience in designing inspiring yet functional office spaces for hundreds of clients, Workscape Designs has honed location analysis to a science. We evaluate 20+ aspects of shortlisted sites, quantifying metrics related to accessibility, infrastructure, scope for customization, employee convenience, sustainability initiatives and compliance with local regulations. Our questions like "Can this location be optimally zoned for the company's work style?" uncover hidden gaps.

A 2022 Steelcase global survey of office workers found that 77% felt location impacted their decision to work for a company. Easy commutes and safer neighbourhoods mattered.

Per an Emerald Associates study, enterprises investing in suitable corporate sites saw 23% higher talent retention rates on average compared to competitors after 5 years.

Rather than follow a one-size-fits-all approach for something as crucial as site selection, rely on our experts. Workscape Designs leverages property analysis software, proprietary audits and our own expertise to quantify all metrics needed to determine an optimal space tailored to our client's unique needs and work culture. Our insights minimize business risks and foster agile growth by matching companies with spaces where they can thrive in the long term.

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Blogs

Demystifying Location Metrics: What to look for in a commercial space?

By Workscape Designs

Location metrics refer to quantitative and qualitative data points pertaining to a potential office space that indicate how suitable it is for housing a company's operations. Assessing these metrics effectively is crucial for shortlisting sites.

Picking optimal sites directly impacts talent acquisition and retention, efficiency, growth prospects and the bottom line. The wrong site selection often forces relocations down the line - an expensive and disruptive proposition.

Sifting through the array of metrics like zoning laws, square footage, proximity, safety features etc across potential locations is challenging. Limited knowledge also leads to overlooking critical aspects during analysis which creates problems later. For instance, something as basic as unstable internet connectivity can hamper work, especially for technology firms and remote teams.

With decades of experience in designing inspiring yet functional office spaces for hundreds of clients, Workscape Designs has honed location analysis to a science. We evaluate 20+ aspects of shortlisted sites, quantifying metrics related to accessibility, infrastructure, scope for customization, employee convenience, sustainability initiatives and compliance with local regulations. Our questions like "Can this location be optimally zoned for the company's work style?" uncover hidden gaps.

A 2022 Steelcase global survey of office workers found that 77% felt location impacted their decision to work for a company. Easy commutes and safer neighbourhoods mattered.

Per an Emerald Associates study, enterprises investing in suitable corporate sites saw 23% higher talent retention rates on average compared to competitors after 5 years.

Rather than follow a one-size-fits-all approach for something as crucial as site selection, rely on our experts. Workscape Designs leverages property analysis software, proprietary audits and our own expertise to quantify all metrics needed to determine an optimal space tailored to our client's unique needs and work culture. Our insights minimize business risks and foster agile growth by matching companies with spaces where they can thrive in the long term.

1. The Power of First Impressions
Ever walked into a place and thought, "Whoa, these folks are in the future!"? That's what a modern workspace can do. It sets the stage, impressing potential clients and partners before you’ve even shaken hands. Remember that chic startup office with stunning lobby art and cutting-edge tech in every corner? Bet you instantly associated them with innovation and success.
2. Promoting Employee Well-being
Now, let's get to the real champs – your employees. Offering them a swanky break room or an ergonomic chair isn’t just a cool perk. It’s a message that you care. An investment in their well-being. Happy, relaxed minds are productivity powerhouses, after all.
Our team recently worked on a workspace redesign, and the changes we saw post-revamp were nothing short of extraordinary. Employees were more relaxed, took fewer sick days, and collaboration spiked. The key? We made well-being a design priority, considering every element – from natural lighting to spacious desk setups.
Fostering Collaboration and Innovation
Open spaces, colorful breakout zones, and comfy couch corners – what do they all have in common? They’re collaboration goldmines. Casual spaces often spark the most unexpected and brilliant brainstorming sessions. Imagine two team members casually chatting over coffee, and BAM! The next big idea is born.
Flexibility and Scalability
Growing fast? Congratulations! But is your office growing with you? Modern workspaces understand the dynamic nature of businesses today. They’re modular, adaptable, and can easily adjust to the changing tides of business. And if you ever need to pivot or diversify, a flexible workspace has got your back.
Integrating Technology Seamlessly
Tech is our trusty sidekick. But is tech embedded elegantly into your workspace? Now that's a superhero duo. Modern designs seamlessly integrate technology. So whether it's video conferencing tools, state-of-the-art presentation tech, or even advanced security systems, they’re all a part of the office ecosystem.
Reflecting on Brand Identity and Culture
Your workspace is more than just a place where work happens. It's a canvas, portraying your brand story. Incorporating brand colors, logos, and design motifs can make employees feel more connected. When a new recruit walks in, they should immediately feel your brand's vibes.
Sustainability: Good for Business and the Planet
Speaking of green, did you know that eco-friendly workspaces can be a reputation booster? Clients, partners, and employees are increasingly valuing sustainability. So when your office shouts, "We care for the planet!", you're not just saving on energy bills but also striking a chord with stakeholders.
Safety and Accessibility
Safety might sound boring, but it's non-negotiable. Modern office designs go beyond fire exits and first-aid kits. They factor in natural calamities, health outbreaks, and even everyday incidents. Plus, inclusivity is the name of the game. Ramps, wide corridors, accessible restrooms – because every employee deserves to feel comfortable and safe.
Wrapping Up
If there’s a single takeaway from our chat today, let it be this: Your workspace is a powerhouse. It’s not just about aesthetics or the latest trends. It’s about creating an environment that fuels business success, impresses stakeholders, and takes care of its inhabitants.
Next time you stroll through your office, give a thought to its potential. Is it just a space? Or is it the secret weapon waiting to catapult your business to greater heights?
Here's to spaces that inspire, empower, and succeed! Cheers!
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