WeWork India launches a 1.3 lakh square foot co-working space in Chennai

With its debut in Chennai, WeWork India has increased its reach by renting more than 1.3 lakh square feet of space at Olympia Cyberspace. With more than 2000 workstations, the facility is expected to open in June. The company added that it currently has over 44,500 desks spread over 27 locations in Bengaluru and Hyderabad, giving it a significant footing in the southern area.

With 54 locations, and over 90,000 desks across seven cities, WeWork India’s entry into Chennai marks a strategic move to further strengthen their presence. The leading flexible workspace provider currently has a strong foothold in the southern region, with 27 locations and over 44,500 desks across Bengaluru and Hyderabad, it said.

With multiple emerging and fast-growing micro-markets such as Old Mahabalipuram Road and Porur, Chennai is witnessing a surge in demand for real estate and flexible workspaces. Nestled between Guindy and Saidapet, Olympia Cyberspace is strategically located at the entry point to Central Chennai.

“We are thrilled to open our first flexible workspace in Chennai, a city known for its vibrant culture, urban population, and rapidly growing business ecosystem. We are witnessing a continued surge in demand for flexible workspaces across India, and an increased interest from IPCs and members for the Chennai market. As organisations rapidly return to work, there is a growing need for flexible and customisable workspaces that can facilitate hybrid or full-time work models," said Karan Virwani, CEO, WeWork India.

Chandrakant Kankaria, Joint MD, Olympia Group, said, “We are thrilled to partner with WeWork India as they open their first building in Chennai. Olympia Cyberspace is a perfect blend of commercial and retail space, featuring a fusion of modern architecture and the dynamic energy of the city.”