WeWork is launching a new program in Washington D.C that aims to help the area’s economic recovery.
The program will offer free or discounted office space for individuals and businesses who are either relocating, returning or expanding into the market.
The coworking firm is working with D.C. Mayor Muriel Bowser to bring awareness to the D.C. x WeWork program and hoping that it will help bring employees back into the office.
“It’s just a natural role for us to play given our focus on the office and the opportunities that exist right now with flexible office space,” said Errol Williams, territory vice president for WeWork. “Many companies are now returning to work, and WeWork is obviously embedded in so many of these cities and communities, and we see an opportunity for us to play a role in supporting the economic growth and recovery in these cities.”
The company will offer two months of free private office space at some of its locations in the area with a six-month commitment, or three months free with a 12-month commitment. It is also offering a 15% discount to its membership program, WeWork All Access.
Over the past year, WeWork has had to close at least seven locations in the D.C. due to the fallout of the pandemic and the operator attempting to remedy its reputation after its failed IPO in 2019.
While the District is not subsidizing this initiative, it is supporting it through its own networks.
