Multiple Generations and The Future of Office Space

What does the changing of the guard within America’s workforce mean for the office market? Firstly, the retirement of the largest generation in history – the Baby Boomers at 80 million – has caused some to resign themselves to the fact that we will be needing less office space. But the reality is more complicated because people are working into their retirement years: the raw numbers say that, as of 2016, nearly 9 million people aged 65 or older were still on the job.

In a contribution to SIOR Pulse, Rich Gatto, Executive Vice President of Alter, discusses the future of office space, the changing workforce in America and how multiple generations work differently. Developing workspace for Baby Boomers has a different recipe than the workspaces sought after by Millennials and Generation Z. You can read the full article on SIOR Pulse.