Phoenix suburbs have seen an explosion of coworking sites. The Valley of the Sun has 4.5 million square feet of suburban coworking space, a 185% jump from the 1.5 million square feet it had in 2023. That puts the Phoenix metro area in sixth place nationally.

A recent Yardi Matrix report also said it expects to gain another one million square feet this year.

In 2023, roughly 60% of coworking square footage in Phoenix was in suburban areas. That share has now jumped to 82%.

What’s happening in the Phoenix metro area is part of a larger trend. Suburban coworking square footage nationally jumped from about 55.5 million square feet in 2023 to over 87.6 million square feet at the beginning of this year.

Some examples of new coworking spaces cropping up in the greater Phoenix area include those from International Workplace Group, which opened 15 locations in Arizona last year.