You may have heard the term “the third space”, but what exactly does it mean? The concept of third spaces, coined by American Sociologist Ray Oldenberg in 1991, refers to spaces that offer creative alternates to the home (first space) or office environment (second space). The third space can be summed up as not the home or traditional office setting – but somewhere in-between: a flexible, affordable, professional space that you have access to. The third space is seen as creating a happy medium of the first two spaces and is often the venue of choice for remote workers, freelancers and entrepreneurs.