New York-based space, community and services provider WeWork has today opened its first Sydney location, WeWork Martin Place.
Sydney's first WeWork is located at 5 Martin Place is in the heart of Sydney’s central business district surrounded by Australia's financial institutions and a major television network, appealing to everyone from early-stage startups to large corporations. The area is also a major transportation hub for trains, buses, and the Circular Quay ferries, and it will soon be joined by a new light rail service along nearby George Street.
The new location is housed in an historic Sydney building known as the 'moneybox building.' Originally the Commonwealth Bank of Australia, it was the first large steel skyscraper in the city. It became known as the 'moneybox building' in the 1920s when savings tins were modelled off the building’s design.
Designed by WeWork, along with local external consultant TomMarkHenry, the design takes cues from the building’s banking history. For instance, the hot desks on the main floor were inspired by the old bank teller desks that can still be seen in the lobby. Murals and paintings from local artists Tristan Kerr and Dina Broadhurst adorn the inside of the building.
WeWork Martin Place will be home to 700+ new members and members will have access over 100+ WeWork locations worldwide from Los Angeles to New York; Shanghai to Seoul; and London to Berlin, as well as our digital network with 70,000+ members around the globe.
WeWork Features
WeWork Martin Place will feature wi-fi throughout; free coffee, including a special blend for our members from local coffee roaster Double Roasters; beer from local breweries Wayward and Willie the Boatman; fruit-infused water; and more.
The space encourages collaboration through the design of its locations (ample common space; glass throughout); the Community team; programming and events; and the digital network. We see that more than 70% of members collaborate with other members.
Each location is staffed by a Community team that act as office managers, event planners, and business matchmakers. The Community team knows its members’ needs and it’s their job to make connections, help plan events; and simply make sure members’ offices are running smoothly.
WeWork Martin Place will host events and programming for its members, from “lunch and learn” sessions on topics that can help them grow their businesses; to “Wellness Wednesdays,” featuring yoga and massage; to networking events and happy hours.
