Hines, Industrious Announce Opening of The Square with Industrious Salt Lake City

Global workplace platform opens in historic Kearns Building

(SALT LAKE CITY) — Hines, the international real estate firm, today announced The Square with Industrious Salt Lake City, its second flexible workspace location under the Hines² (Hines Squared) platform, will be opening on June 22, 2020. Located in the historic Kearns Building, The Square with Industrious Salt Lake City will be the first coworking space in Utah to pursue WELL Certification and will be operated by Industrious, the largest premium coworking provider and leading ‘work from anywhere’ platform in the U.S.

The Square with Industrious in Salt Lake City is uniquely designed to provide members with the safest, healthiest, most productive work environment available. Built to the engineering standard of Hines and powered by the service of Industrious, The Square with Industrious Salt Lake City is able to accommodate large enterprises and small businesses alike across two floors totaling 25,000 square feet.

“We are thrilled to be opening our Hines2 platform in Salt Lake City,” commented Hines Director Annie Rinker. “Hines believes in the future of the flex office industry and The Square with Industrious is a response to the current and future requirements of our tenants here in Salt Lake City. The Square with Industrious offers users great, Class A space on flexible terms and will further define the Kearns Building as a unique offering in Salt Lake City.”

Opened in 1911, the Kearns Building was named after the renowned entrepreneur and U.S. Senator Thomas Kearns, whose enterprising spirit continues with the introduction of flexible workspace for companies of all sizes and a significant renovation. Hines is bringing this historic building into the future with a $25 million redevelopment project which includes all new HVAC, technical upgrades, and building amenities and is targeting LEED® Silver Certification. The Square with Industrious hospitality team will oversee the numerous dedicated offices, enterprise team suites, private phone rooms and conference/meeting rooms to ensure the highest level of cleanliness and service.

Members of The Square with Industrious Salt Lake City will have access to a tenant lounge, event space, wellness center, fully-equipped gym with two-story historic windows, and a rooftop complete with local mural by Chuck Landvatter and Jared Andr Smith. The Square with Industrious Salt Lake City also offers a member kitchen, daily gourmet breakfast and coffee, and a fully stocked cafe with snacks and soft beverages. Services include 24/7 access, mail/package services, unlimited printing, secure shredding, A/V meeting support, fast and secure internet with VLAN in every office to support productivity and community event programming.

Productivity and employee health go hand in hand, which is why The Square with Industrious Salt Lake City is WELL Registered by the International WELL Building Institute™ (IWBI™). Some of the initiatives Hines has put into this location include enhanced HVAC filtration and UV treatment, and cleaning products and protocols that improve Indoor Air Quality and reduce contagion; plentiful access to natural daylight; and advanced acoustics to enhance employee productivity. Certification is expected later this year and is based on meeting the IWBI’s strict standards for ventilation, lighting, thermal comfort among other categories. Beyond building systems, The Square Industrious Salt Lake City also ensures operations are supportive of emotional wellbeing, physical exercise and holistic communities.

“Hines is dedicated to healthier and better buildings. We have been a leader in sustainability since the founding of the firm, and we firmly believe sustainability goes beyond minimizing our impact on our environment toward maximizing the health of our occupants. Doing better by our members is the main focus of The Square with Industrious Salt Lake City, which will help people optimize their own personal health through a better office environment,” added Hines Senior Managing Director Dusty Harris.

“Delivering the most productive workplaces available means creating options for employees to choose where they feel they can do their job best,” said Jamie Hodari, CEO and co-founder of Industrious. “Hines understands what it means to recognize individual occupier needs and to customize their spaces accordingly. We’re proud that they recognize Industrious’ world-class workplace expertise and are excited to grow our partnership to serve businesses and employees in Salt Lake City.”

The Kearns Building, at 136 S. Main Street, is the second Square location for Hines; the first is 717 Texas, a 33-story Class A office tower in Houston. This is also the second Industrious location in Salt Lake City. Around the country, Industrious has over 100 locations across more than 50 cities.

About Industrious

Industrious is the largest premium workplace provider in the U.S. with nearly 100 locations in more than 50 cities nationwide. Its Workplace Experience platform, which pairs thoughtfully designed spaces with hospitality-driven services and amenities, has reshaped the concept of coworking into a scalable solution for companies of all sizes and stages. Since its founding in 2013, Industrious has helped thousands of companies scale their businesses while maintaining the highest NPS scores in the industry. For more information, visit www.industriousoffice.com.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 205 cities in 24 countries. Hines has approximately $133.3 billion of assets under management, including $71 billion for which Hines serves as investment manager, including non-real estate assets, and $62.3 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,393 properties, totaling over 459 million square feet. The firm’s current property and asset management portfolio includes 539 properties, representing over 232 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

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