New co-working space to open in Mississauga as demand for job flexibility increases

As the need for flexible work locations continues, Mississauga is getting a new co-working space.

The newest co-working space is from IWG, a company that provides workspaces across North America and around the world.

Located at 6700 Century Ave., just south of Highway 401 in Meadowvale, the 20,071-square-foot location will open in March 2024 and will be for small and large businesses.

The need for co-working space is growing and this will be the seventh location in Mississauga from IWG, Wayne Berger, CEO of Americas, IWG, tells insauga.com.

“The demand has continued to out-stretch supply,” says Berger. “Frankly, we are continuing to look in other areas of Mississauga.”

IWG chose the Meadowvale location because of its proximity to the highways and residential areas. But there is demand for co-working spaces in several areas in Mississauga including the Square One area, Berger says.

IWG has been around for 34 years and the company’s first co-working space in Mississauga opened 24 years ago opened beside the Pearson Airport, Berger says. It was the third location in Canada, and it is still open today.

But more recently, since the pandemic, more locations are opening. In Canada, there has been about 40 per cent growth and IWG is in the process of opening or has opened about 40 new locations in the last 18 months, says Berger.

Berger said the pandemic has shown employees can work in alternate locations and the need for flexible working spaces grows.

Many people are insisting on shorter commutes (within 15 minutes) and they don’t want to travel to corporate offices unless absolutely necessary. Businesses are also choosing to close offices to save on costs.

The new Mississauga co-working space will offer an open co-work space, different-sized private office spaces, meeting rooms, soft seating, a kitchen and office equipment such as a copier and courier services.

IWG is also opening workspaces in Edmonton, Regina, Winnipeg, London, Quebec City, Burnaby, Woodbridge, Markham, Surrey, Montreal and Halifax.

For more information, see the IWG website.

Other co-working space companies in Mississauga include Venture X, MindShare Workspace, and Spacebar coworking.