I'd err on the cheap side, but avoid space that will impede productivity. Your employees are costing you $50+ per hour (with burden and benefits) - if you have

I'd err on the cheap side, but avoid space that will impede productivity. Your employees are costing you $50+ per hour (with burden and benefits) - if you have a more expensive space that'll result in 15 more minutes of productive work per employee per day (due to privacy, quiet, whatever)... Well, it's easy to do the math. Creative spaces are good. Everyone loves a clubhouse, and that'll help with loyalty retention. But you can do a lot by getting a crappy space and then giving each employee $1000 to decorate their space how they will (including paint!).