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Tampa Bay coworking market ranks 29th in U.S., 3rd in Florida

Chuck Merlis November 5, 2025

Tampa Bay continues to rise in the national coworking rankings.

According to CoworkingCafe’s Q3 2025 Coworking Report, the Tampa–St. The Petersburg–Clearwater market now holds the 29th-largest share of coworking space in the United States, underscoring the region’s growing appeal to companies seeking flexible and collaborative environments.

The findings reveal that Tampa Bay is Florida’s third-largest coworking market, following Miami and Fort Lauderdale. The results add to a broader narrative of regional momentum in innovation, hybrid work and entrepreneurial growth.

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What happened

CoworkingCafe’s report shows that Tampa Bay offers 1.68 million square feet of coworking space across 108 locations, making it the 21st-largest inventory in the country.

The average local space measures 15,602 square feet, slightly below the national median of 18,080 square feet.

Top operators include Regus with 17 locations, Hyde House Public Station with seven and HQ with five. Together, they account for nearly 27% of the region’s total coworking footprint.

READ: Wagamama moving its U.S. headquarters to Tampa

Pricing across the Tampa Bay market remains competitive. Memberships average $225 per month, day passes $30, and meeting rooms $50 per hour—about 11% higher than the national average. Virtual offices are a standout value at $99 per month, well below the national median of $159.

Why it matters

Tampa Bay’s 1.68 million square feet of coworking space make it one of the top 30 markets in the nation and part of a broader Sun Belt surge that includes Dallas, Atlanta and Miami.

Bar chart ranking the top 25 U.S. markets by number of coworking spaces, showing Tampa–St. Petersburg–Clearwater in 22nd place with 108 locations.

CoworkingCafe’s report describes a national industry that has moved from volatility to stability, now totaling more than 152 million square feet across 8,420 locations.

The Tampa Bay market’s pricing aligns with national medians, suggesting that local operators compete on quality and accessibility rather than cost.

Brands such as Regus, HQ and Hyde House Public Station reflect a healthy mix of global reach and local innovation, mirroring trends in larger U.S. cities.

Takeaway

Coworking growth in Tampa Bay is more than a local trend — it is part of a national shift in real estate toward sustainable hybrid workspaces.

As the industry matures, Tampa’s consistent expansion, balanced pricing and mix of boutique and national operators position it as a stable, high-potential coworking hub.

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Tampa Bay Business & Wealth (TBBW) is the leading source of Tampa Bay business news, telling the stories behind the region’s biggest companies and the leaders shaping Tampa Bay’s economy.

We report on founders, CEOs and entrepreneurs whose decisions influence jobs, investment, development and long-term growth across the region.
Published daily online and monthly in print, TBBW delivers paywall free coverage with local context and editorial depth.

Our mission is to inform, explain and connect by putting people at the center of business reporting. We believe strong journalism helps business leaders make better decisions and helps communities understand how growth happens, who drives it and why it matters. Learn More

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