Silicon Valley ditches big tech campuses for satellite offices: experts - Business Insider

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Silicon Valley's workforce is falling out of love with massive tech campuses. Experts predict what will take its place are networks of satellite offices.

the Bay Area and companies wary to have thousands of employees all in one place, San Francisco may not be the central tech headquarters it's been for decades.

"So what does that mean? You just have less dedicated desks," Segal told Business Insider. "No one misses their desk — that's not why you go to the office. You miss people, the socialization." Tracy Brower, a sociologist and principal in the applied research and consulting group at furniture manufacturer Steelcase, said she's already hearing from clients who are mulling a switch to satellite offices, in part because they would save on real estate costs in major cities.

For workers sick of staying at home or feeling creatively stuck without the ability to easily work with others, a satellite office could satisfy some of those feelings, Brower said. "A lot of times, the reason we want to get together is for new ideas, for new thinking, to be stimulated by the people around us."Satellite offices aren't a new concept. In the era after 9/11, for example,went the route of satellite offices, setting up hubs outside of lower Manhattan and New York City.

that spans 3 million square feet. It's expected to open in 2022 and will house 5,000 employees to start. Boyd says that while companies may keep headquarters in the Bay Area for prestige, lower labor costs also make satellite offices appealing.

 

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