WeWork to open co-working space in Funan in Singapore
This is the New York-based WeWork’s second office in Singapore after the opening of its first on Beach Road in October
Funan artist impression
New York City’s co-working space chain WeWork has leased 40,000 square feet of space in Funan — a popular shopping mall which is undergoing an image makeover to become a “mall of the future” in 2019.
Owned and managed by CapitaLand Mall Trust Management (CMTML), Funan is located in the heart of the Civic & Cultural District. WeWork’s space will be located across two floors of Funan’s North Office Block, namely Level 4, which is the prime connector space linking the office blocks with Funan’s retail component, and Level 5.
The Funan integrated development comprises a 500,000 sq ft mall of the future serving as a platform to inspire retail innovation; two Grade A office blocks that meet the needs of a variety of business, including established MNCs and co-working spaces for the mobile workforce; as well as The Ascott Limited’s lyf brand of co-living serviced residence designed for millennials.
Funan aims to become Singapore’s first commercial building to allow cycling through the building with a dedicated indoor cycling path, complete with end-of-trip facilities for cycling enthusiasts, including bike shops, bike cafés, lockers and shower facilities.
Tony Tan, CEO of CMTML, said: “WeWork’s co-working space will leverage Funan’s central location and harness its live-work-play paradigm to create a world-class collaborative workspace that fosters connections and nurtures ideas. As a new-built space, WeWork’s facility at Funan offers plenty of scope and flexibility to implement purpose-built infrastructure and services for WeWork’s members.”
Funan will also set aside an area for urban agriculture in the Central Business District with a 5,300 sq ft urban farm and 6,900 sq ft edible yard, where the public can learn more about the origins of their food and “adopt a plot” to grow their own produce. Amenities available in Funan include a Golden Village cineplex, gym, futsal court, swimming pool and a 55-lane rock-climbing facility.
“As a start, Funan will boast of a smart office with facial recognition turnstiles and optional card-less entry into the office. WeWork community members will also have full access to the suite of innovations made available at Funan, including video-based smart car-parking facilities, a 24-hour drive-through click-and-collect, 100 per cent hands-free shopping service using robotics and app-based booking of all the facilities within the development,” Tan added.
In August, New York City’s co-working space chain WeWork acquired Singapore-based co-working space Spacemob. Two months later, WeWork announced its first Singapore space along Beach Road.
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