New York-headquartered space sharing company WeWork’s first Israel co-living space may be in Jerusalem. For daily updates, subscribe to our newsletter by clicking here. The city of Jerusalem has approved a plan to build six additional floors on top of a four-story commercial building in the city’s downtown area, one person from the Jerusalem city planning division who spoke on condition of anonymity told Calcalist. WeWork currently leases two floors in the building, spanning around 2,000 square meters, and negotiations are underway for the company to lease the additional space allocated for offices and living purposes, one person familiar with the deal who spoke on condition of anonymity said. Update: After being approached by Calcalist for comment Monday, a WeWork spokesperson on Tuesday denied the report saying WeWork “has no plans to bring WeLive to Hamashbir building in Jerusalem.”
WeWork may add co-living space to its office lease in a downtown Jerusalem property, according to sources. Permission has been granted to add six more storeys to the four-floor building in which WeWork leases 2,000 sq m. WeWork has denied claims it wants to add living areas to the new space. A Tel Aviv planner said in January WeWork was considering opening its first WeLive property outside the US in the city.