Vallarta CoWork Opens in Puerto Vallarta

Vallarta CoWork, Puerto Vallarta’s first shared office environment for local and visiting professionals, recently announced their opening after much success with their sister office, Sayulita CoWork, in Riviera Nayarit.

In regard to the decision to open a location in Puerto Vallarta, Vallarta CoWork co-owner Chase Buckner said: “As the coworking industry continues to boom, we’re fortunate to be in a tropical location with access to fiber internet, which is a combination that is really appealing to the digital nomad community. Sayulita has been a good proof of concept, but we were limited by space, so when we found a great location in Vallarta, we decided to go for it.”

Coworking is a relatively new concept, defined as a shared office environment for people who work for themselves or work remotely for another company. The idea is that each coworking space becomes its own community of like-minded people who share equipment, resources, ideas, and knowledge. Industry growth, as reported by Deskmag (deskmag.com), shows that the average membership per coworking space in 2015 is up more than 50% compared to 2013. It is estimated that more than 10,000 coworking spaces will open in 2016 worldwide.

Coworking spaces have been especially successful in areas that attract start-up businesses as most startups begin as a small team uninterested in burning money in expensive office costs. Because success rate of startups are often low, entrepreneurs are also attracted to coworking spaces because most don’t require long-term commitment. WeWork, who opened their first coworking space in New York in 2010, has become the juggernaut in the space, opening locations around the world. WeWork took a $400 million dollar investment from JP Morgan in 2015, raising the valuation of the company to to $10 billion USD.

Vallarta CoWork hopes to capitalize on the increasing trend of remote coworking by offering an attractive space in a convenient location, full of the amenities coworkers have come to love. It also hopes to help open up a new market in Puerto Vallarta (a city already proven to be an international hot-spot for vacationers) by attracting more visitors looking to take more frequent “working vacations.”

For more information about Vallarta CoWork, please visit their website, vallartacowork.com.