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Co-working space giant WeWork has leased 40,000 sq ft of space in Funan, making it the first office tenant of the upcoming integrated development.
Set to open in Q4 2019, Funan comprises a 500,000 sq ft mall, two Grade A office blocks, and The Ascott Limited’s lyf brand of co-living serviced residence.
WeWork will occupy two floors at Funan’s North Office Block – namely Level 4, which is the prime connector space linking the office blocks with Funan’s retail component, and Level 5.
Located right at the heart of the Civic & Cultural District, Funan is set to become the first commercial building in Singapore to allow cycling through the building with a dedicated indoor cycling path, complete with end-of-trip facilities, including bike cafés, bike shops, lockers and shower facilities.
“WeWork’s co-working space will leverage Funan’s central location and harness its live-work-play paradigm to create a world-class collaborative workspace that fosters connections and nurtures ideas,” said Tony Tan, CEO of CapitaLand Mall Trust Management Limited, the manager of CapitaLand Mall Trust which owns Funan.
“It will cater to the new generation of professionals who yearn to work in a collaborative environment that gets them inspired, and unwind in a convenient location where they can shop, play sports, be entertained and enjoy a whole host of lifestyle activities under one roof.”
He noted that WeWork’s Funan facility offers plenty of scope and flexibility to implement purpose-built infrastructure and services for WeWork’s members.
“As a start, Funan will boast a smart office with facial recognition turnstiles and optional card-less entry into the office. WeWork community members will also have full access to the suite of innovations made available at Funan, including video-based smart car parking facilities, a 24-hour drive-through click-and-collect, 100 percent hands-free shopping service using robotics and app-based booking of all the facilities within the development.”
Funan will also boast the biggest area set aside for urban agriculture within the CBD with a 6,900 sq ft edible yard and 5,300 sq ft urban farm.
This article was edited by Keshia Faculin.
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