The Tribune

By YOURI KEMP

Tribune Business Reporter

ykemp@tribunemedia.net

A Bahamian shared workspace provider yesterday said it is aiming to exploit the law requiring all businesses to have a physical presence through an office complex that will open by May 2021.

Leon Blaileuiess, Access Cowork Suites' managing director, told Tribune Business: “Right now we have got an advertisement in the newspaper testing the market. We have gotten a few inquiries but not too many yet.

"We feel that a lot of people might be downsizing, or might be looking for offices that might have a base somewhere. Out-of-the-country companies may need a presence here and just need a small office or something.”

Access Cowork Suites, which is based at the One West Business Park on Windsor Field Road in western New Providence, near Old Fort Bay, feel confident there is sufficient demand for the shared and private work space it will offer.

"The other companies seem to have some open spaces and they are opening others, so they seem to be doing okay," Mr Blaileuiess added of rivals. "We are looking to offer 100 square feet to 1,000 square feet spaces. It is all about how we structure those spaces.

"We have a foundation already and we are trying to put up a building, but we are seeking feedback on what people actually want so we don’t have to go back and re-do things again and, by next year May, we plan to be open."