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Bhive Workspace Eyes 1M Sq Ft Expansion in 2026
1 Apr
Summary
- Bhive plans 1 million sq ft new capacity in 2026.
- A ₹250-300 crore investment will fund pan-India campus model.
- New 0.14 million sq ft lease signed with Phoenix Mills.
Flex space operator Bhive Workspace is gearing up for a major expansion, aiming to add about 1 million square feet of new capacity in 2026. This ambitious growth plan is centered around its pan-India campus model, requiring an investment estimated between ₹250-300 crore. The company anticipates strong revenue growth this year, fueled by strategic expansions in key markets.
Bhive has secured a significant 0.14 million square feet space at Phoenix Asia Towers in Hebbal, Bengaluru. This new center, which will house 2,600 seats, represents Bhive's entry into north Bengaluru and its first collaboration with developer Phoenix Mills Limited. This facility will feature Bhive's premium 'Platinum Plus' offering, characterized by elevated hospitality and an experience-led approach.
This partnership with Phoenix Mills is expected to set new benchmarks for workplace experiences. Bhive Platinum Plus at Phoenix Asia Towers will offer a diverse range of office solutions, including coworking spaces, private offices, managed offices, and enterprise suites, catering to varied business needs.
