BHIVE Workspace Leases 1.4 Lakh Sq Ft at Phoenix Asia Towers, Marking Entry into North Bengaluru
BHIVE Workspace Enters North Bengaluru with Major Lease at Phoenix Asia Towers
BHIVE has leased approximately 1.4 lakh square feet at Phoenix Asia Towers in Hebbal, marking its entry into North Bengaluru and its first collaboration with developer Phoenix Mills Limited. The facility houses 2,600 seats and represents the debut of BHIVE Platinum Plus in Bengaluru.
Platinum Plus Category and Sustainability Focus
BHIVE Platinum Plus at Phoenix Asia Towers will offer a mix of coworking spaces, private cabins, customisable managed offices, and enterprise suites. A defining aspect of this launch is its location within a U.S. Green Building Council (USGBC) Platinum Plus certified property, the highest level awarded for commercial buildings.
The workspace is strategically located close to an upcoming metro line, ensuring seamless connectivity. The space includes lounges, cafés, meeting rooms, event spaces, a fitness centre, and more.
BHIVE's Market Position and Expansion Strategy
Founded in 2014, BHIVE operates over 28 centres across Bengaluru and Mumbai, spanning 1.8 million square feet of premium workspace. The company powers a network of over 25,000 professionals and stands as the second-largest managed workspace provider for enterprises. Built on a campus-first model, over 80% of BHIVE's total seats are housed within large, amenity-rich campuses that bring together workspace, community, and experience at scale.
BHIVE is actively scaling its campus-led model, with plans to add 1 million square feet of new capacity in 2026, which involves an overall investment of approximately 300 crore.
Location and Connectivity
The expansion into North Bengaluru is located within the landmark development by Phoenix Mills Limited next to the iconic Mall of Asia. Located on NH 44 with direct access to the airport corridor and approximately 30 minutes from Kempegowda International Airport, the development benefits from planned metro connectivity within the campus precinct and proximity to key residential catchments in north Bengaluru.