The Ministry of Sound will open a new location called 'The Ministry' as a shared working space that doubles as a private members-only club.
Originally a popular nightclub in London, England, Ministry of Sound has been a classic bar in the area for years -- the new location will be in close proximity but hold a completely different purpose. Similar to the nightclub, the new location will have a strict door policy, open to industry professionals as a space to come together and collaborate. The space will feature a 70ft bar, a full table service restaurant, a 36-seat cinema, an immersive technology studio and multiple serviced meeting rooms.
The Ministry by Ministry of Sound is set to open this summer, welcoming new and old members.
Private Shared Working Spaces
Ministry of Sound Will Open The Ministry Private Shared Working Club
Trend Themes
1. Shared Working Clubs - Similar to Ministry of Sound's The Ministry, more private members-only clubs will pivot to offer shared working spaces as a secondary offering.
2. Entertainment-based Working Spaces - Other companies may consider merging technology and entertainment, like The Ministry's immersive technology studio, with a shared working space to create a unique and engaging work environment.
3. Strict Door Policy Working Spaces - More shared working spaces may adopt a strict door policy to create an air of exclusivity and attract industry professionals looking for a collaborative workspace.
Industry Implications
1. Hospitality - Hospitality businesses may see an opportunity to offer shared working spaces as a secondary offering to create additional revenue streams and attract industry professionals to their properties.
2. Entertainment - Entertainment companies can offer a unique working space experience, such as a private members-only club, to diversify their business and appeal to industry professionals and creatives.
3. Real Estate - Real estate companies may consider partnering with shared working space companies to create unique, high-end workspaces with a strict door policy to attract industry professionals and creatives.