WeWork comes to Cambridge
WeWork keeps growing in Greater Boston.
The co-working heavyweight said Tuesday that it plans to open its fourth local location — this one in Cambridge — early next year. It will rent a floor of a building at 625 Massachusetts Ave. in Central Square, with room for about 550 desks.
Along with a larger location being built in the Back Bay, the site would roughly double WeWork’s presence in Boston by the time both open in early 2017. The company, which leases flexible work space to freelancers, startups, and outposts of larger firms, opened offices in Fort Point and the Leather District in 2014.
From those first days in Boston WeWork has been fielding queries from its tenants about a Cambridge site, said Dave McLaughlin, the company’s regional general manager. The Central Square location is just a few steps from the Red Line station.
“We’ll be right in the heart of it,” he said. “We’re excited in terms of what’s going on around there, and everything we get to be a part of by being there.”
The company, which last week announced $260 million in new investment, has locations in 19 US cities and 11 other countries. It’s “super bullish” about the Boston market, McLaughlin said, and is scouting for new locations, though another expansion is not imminent.