WeWork growing quickly

WeWork continues to expand its roster of co-working space in downtown San Jose.  The co-working space dispenser is now renting desks at St. James Plaza, 152 N. Third St., where it has leased 75,000 square feet from Gary Dillabough’s Urban Community.

WeWork CEO Adam Neumann is an investment partner in Urban Community, which also holds the Bank of Italy building and other properties downtown.

Re-branded as The We Company, WeWork has also leased about 75,000 square feet at Riverpark Towers, 333 W. San Carlos St., since July and The Towers @ Second, 75 E. Santa Clara St., since August 2016.

Though pricing at 152 N. Third had not been added to the WeWork.com website by press time, a desk at the other two locations costs $380 per month and a private office is $700.  Each San Jose location hosts about 1,350 desks.

In San Francisco, WeWork has 12 different locations. There are 23 WeWork spaces around the Bay Area.

Information about some of WeWork’s San Jose tenants is also making the news:

–  “The Farm” extends to San Jose:  In a move toward providing more employee flexibility, in fall 2017, Stanford University opened its first alternative work site, renting 35 work stations on the seventh floor of WeWork at 75 E. Santa Clara St.

After a successful yearlong pilot involving almost 500 employees who utilized the WeWork spaces, Stanford opened two more alternative work sites in San Francisco (28 workspaces) and Newark (22 spaces).  All three work sites operate at full capacity and have wait lists.  Cardinalatwork.stanford.edu/working-stanford has more.

–  Airbnb opens Silicon Valley office:  Airbnb has taken 50 desks in WeWork’s space at Riverpark Towers.  The company will operate there until it can find a more permanent location, expected in 2020.

The South Bay is one of Airbnb’s top 10 destinations for work, the company reported in August.  Other leading global work destinations are London, Paris, Los Angeles, New York, Toronto, San Francisco, Boston and Sydney.  The other cities already have regional offices.

Airbnb, now a decade old, has taken steps to expand the scope of the company beyond providing a marketplace for travelers looking for a more authentic vacation experience.  The company not only wants to support the Silicon Valley economy and technology industry, it wants to tap into the valley’s technology talent pool for its own growth.