Workspace and community company WeWork officially launched today in Ireland with Minister for Education Richard Bruton opening its first location in Dublin’s Iveagh Court, near Iveagh Gardens on Harcourt Road. It is the first of three announced locations opening in Dublin, including Dublin Landings and George’s Quay.
The Iveagh Court building holds over 1,000 members and is already at capacity, while Microsoft, Twilio and KIND bars are some of the companies that will be located in the city centre alongside Irish startups and SMEs. This reflects the broader WeWork ecosystem of larger enterprise companies and startups interacting together .
Research shows that the WeWork economy creates an approximate 2x economic multiplier for new cities it enters, meaning for every 10,000 WeWork members, an additional 10,000 jobs are created through indirect and induced spending – outpacing job creation in high-growth industries like management consulting, legal services, and real estate.
The new workspace in Dublin brings the number of WeWork locations to 74 cities and 22 countries around the world. WeWork has a total of 248,000 WeWork members worldwide.
Opening the building Minister for Education Richard Bruton said “I’m thrilled to welcome WeWork to Ireland on its official launch today at its new Iveagh Court location. With two more offices set to open in the coming months in George’s Quay and Dublin Landings, it’s a really exciting time for WeWork in Dublin. Founded by Miguel McKelvey and Adam Neumann in New York City,
WeWork is now in 74 cities across the globe – that shows a great spirit of entrepreneurship and innovation that will always find a home in the international-facing Irish economy. I look forward to seeing WeWork share that collaborative and innovative culture with the Irish startups and international enterprises that are based in and around their Dublin city centre locations.”
Leni Zneimer, General Manager, UK and Ireland added, “At WeWork, we provide beautiful, flexible workspaces and scalable business services for an inspired community of entrepreneurs and businesses of all sizes. We’re delighted to open our first of many buildings in Ireland, one of the most important tech hubs and most exciting business and creative communities in Europe.
“Across Europe, WeWork has over 40 open locations and over 40,000 members, launching in cities like Paris, Amsterdam, Berlin and Madrid. There’s a thriving ecosystem here in Dublin, comprised of companies such as Intercom and Stripe, with Irish founders, as well as major international tech companies, so it made total sense for us to expand here. We’re looking forward to continuing to build our community here, and will also be opening our George’s Quay and Dublin Landings spaces shortly.”
Globally, WeWork has more than 1000 enterprise members, including HSBC, Salesforce, Spotify, LinkedIn and Samsung.
Leni Zneimer says, “We’re increasingly seeing larger companies prioritise exemplary employee experiences that provide a sense of community and cultural engagement. Just as smaller companies are focused on growth and perhaps becoming more like bigger companies, those large companies want to remain innovative and dynamic and foster qualities associated with start-ups. We already have large companies such as HSBC, Barclays, Microsoft and Salesforce in our locations and look forward to adding many more.”
It was also announced that this summer, WeWork is bringing its Flatiron School to London, the first location outside of the US. The coding school offers both in-person and online courses, offering a new educational model fit for a tech-oriented world.