WeWork will take the entirety of a planned office and residential tower being developed by Martin Selig Real Estate to bring its new WeLive co-living residential program to the Belltown neighborhood.
The New York-based co-working venture will occupy 200,000 square feet of office space in Selig’s 36-story Third & Lenora tower, and 384 apartments above will be WeLive units.
GeekWire originally broke news of the plan in May, and Martin Selig confirmed it to the Puget Sound Business Journal on Thursday. We have reached out to Selig for further comment and will update this post when we hear back. Construction on the building will begin in about two months, Selig told PSBJ.
WeWork will also occupy two floors in a five-story office project Selig is planning in Ballard. Construction on that project will begin in about a month.
WeWork launched its WeLive communal living program in New York earlier this year, saying that the shared living spaces build “upon community, flexibility, and a fundamental belief that we are only as good as the people we surround ourselves with.” WeLive — which touts community spaces, beds, towels, linens, high-speed Wi-Fi and all of the coffee, tea and beer you can drink — also is available in Arlington, Va., just outside of Washington, D.C.
Guests in the furnished apartment spaces can rent for a day, a week, a month or a year. The apartments range in size from studios to three-bedroom units. The residential program’s slogan: “Love your life.”
WeWork currently operates co-working spaces at three locations in Seattle: The original location in South Lake Union, as well as newer spaces in the Holyoke Building and Westlake Tower in downtown Seattle. WeWork is also rumored to be leasing space across Lake Washington, at Kemper Development Co.’s Lincoln Square expansion project in downtown Bellevue.
