WeWork, the shared workspace provider, has just opened its biggest UK location in Moorgate, London. This follows the most recent opening at Devonshire Square, and other recent openings in South Bank and Soho.
The new location, which boasts an excellent site nearby to Moorgate station and Old Street, has the space to accommodate more than 3,000 members over eight floors.
Set to open in three phases with the first phase opened on 1 July, the second to open on 1 August, and the third and final phase on 1 September, the new shared workspace will provide services and work desks for freelancers and entrepreneurs, along with small businesses and even divisions of major corporations.
But there's more to this new shared workspace than work desks and company for lonely entrepreneurs and freelancers looking to avoid that feeling of 'cabin fever' by escaping the house and the distractions working at home presents, as a broad range of commercial partnerships that include access to career development, education services and legal help, will also be made available.
Discussing the City of London and its role in fostering entrepreneurialism, chief creative officer at WeWork, Miguel McKelvey, said, "There is a worldwide move towards entrepreneurial culture and, as a global leader in culture and commerce, London embodies that more than most cities."
With office rental rates hitting all-time highs in many parts of the UK capital, there is expected to be increased demand for interior fit out companies such as Saracen Interiors to ensure flexible workspace arrangements and the best use of space such as those that WeWork, makes available.