Shared workspace outfit WeWork, who are currently worth an estimated $16 billion, has plans to open their first Oakland office.
WeWork City Center, as it will be christened, will be located at 1111 Broadway in Oakland, featuring four floors and approximately 75,000 square feet of workspace.
The space will accommodate roughly 1,000 members and will feature artwork by Oakland artists and designers.
“Opening is currently slated for late 2017 and we will be working closely with Oakland's startup, business, and civic leaders to further establish WeWork's roots in the community,” said WeWork's cofounder Miguel McKelvey in a written statement.
Cofounded by Adam Neumann and McKelvey in 2010, WeWork has more than 140 locations in 45 cities, including spaces in Argentina, China, Netherlands, the U.S., and France.
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