Business & Tech

WeWork Cuts Ribbon at Hollywood Location

The shared-workspace company encourages collaboration among its businesses.

WeWork is now up and running at the intersection of Hollywood Boulevard and La Brea Ave.

The New York-based company, which offers shared workspaces and offices, quietly opened it's Hollywood location in the spring, and decided it was time to make it official with a ribbon cutting grand opening party Thursday night.

Leron Gubler, the Hollywood Chamber of Commerce's president, helped kick off the festivities and welcomed the group to the neighborhood.

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"This is really the creative center of Southern California and there’s a lot of great things happening here. It’s great to have WeWork as part of the revitalization of Hollywood," Gubler said.

WeWork is leasing more than 35,000-square feet of office space, covering two floors at 7083 Hollywood Blvd. The fifth floor of the building is currently leased to capacity, while construction was recently completed on the fourth floor.

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Businesses in the fields of technology, social media, entertainment, law, fashion, architecture, marketing, interior design, graphic design and real estate have moved in. Renters include Gilt City, Reddit, Toad Hop Radio Network, Blacksheep Social Media Group and Superlativ.

"All these people are entrepenuers, all these people have great ideas, they love what they do," said Chia O'Keefe, WeWork's west coast operations director. "They can get together in a room where they can have a beer together, collaborate, use each others goods and services, that’s what WeWork is all about. We want to create community and empower collaboration."

Rates start at $300 a month with offices ranging in size. Amenities include high-speed Internet, conference rooms, fair-trade coffee, print machines, event spaces, screening rooms, kitchens and lounges. Managers also organize networking events like mixers, professional development seminars, poker nights, doggie playdates and Dodger game outings.

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