COLLEGE PARK, Md.– Located in the heart of the University of Maryland Discovery District, WeWork University of Maryland is officially open. The first WeWork in Maryland and the first on a college campus, WeWork University of Maryland will provide members with a unique experience to be in close proximity with some of the state’s most talented individuals.
“We are incredibly proud that Maryland’s first WeWork workspace is their first location on a college campus in the entire country,” said Governor Larry Hogan. “WeWork empowers entrepreneurs and small business owners to connect with their communities and provides them with spaces that inspire success. Our administration remains steadfastly committed to ensuring Maryland is open for business and the ways that today’s innovative companies like WeWork can thrive.”
“WeWork is thrilled to open the doors of our University of Maryland College Park location,” said Lex Miller, Director of Business Operations for the Northeast and Mid-Atlantic. “The unique partnership model is a first for WeWork and presents us with a huge opportunity to access the vast talent pipeline and innovative atmosphere of the UMD campus.”
WeWork University of Maryland is located adjacent to The Hotel at the University of Maryland in a repurposed building—just steps away from the center of campus—and across the street from Diamondback Garage, which houses university entrepreneurship resources and private sector companies, including Capital One and Immuta.
“This is a wonderful match,” said University of Maryland President Wallace D. Loh. “Having WeWork as part of our growing innovation ecosystem, gives startups and entrepreneurs a campus home to work with our researchers. We are delighted that WeWork put its first university facility on our campus.”
The Discovery District is part of UMD’s Greater College Park initiative, a $2 billion public-private investment to rapidly revitalize the Baltimore Avenue corridor and academic campus, which includes dynamic academic spaces, a public-private research hub and vibrant downtown community.
“I am proud to have WeWork open its first Maryland facility here in College Park, Maryland,’ said County Executive Angela Alsobrooks. “Having a WeWork office in College Park, in partnership with our flagship University of Maryland College Park, provides young companies with the opportunity to grow right here in Prince George’s County. We salute WeWork in recognizing the significance of our County’s start-ups and innovation community, and welcome them whole-heartedly to the Crown Jewel of Maryland -Prince George’s County.”
WeWork University of Maryland offers coworking and office space, including more than 300 desks, conference rooms and communal spaces. The space includes standard WeWork offerings, such as private offices, dedicated desks and hot desks.
Baltimore-area based Chesapeake Realty Partners, a leader in adaptive reuse and land development, led the design and construction. “Chesapeake Realty Partners is delighted to, once again, partner with WeWork to create an incredible coworking space — this time located in the heart of the Discovery District within the University of Maryland,” said Lawrence M. Macks, Co-Chairman and CEO. “UMD has proved to be a great partner for both WeWork and Chesapeake Partners, and we are proud to be involved with this transformational project.”
About the University of Maryland
The University of Maryland, College Park is the state’s flagship university and one of the nation’s preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 40,000 students, 10,000 faculty and staff, and 280 academic programs. Its faculty includes two Nobel laureates, three Pulitzer Prize winners, 60 members of the national academies and scores of Fulbright scholars. The institution has a $1.9 billion operating budget and secures $514 million annually in external research funding. For more information about the University of Maryland, College Park, visit www.umd.edu.
WeWork provides more than 320,000 members around the world with space, community, and services through both physical and digital offerings. Founded in New York City in 2010 by Adam Neumann and Miguel McKelvey, WeWork currently has more than 335 physical locations in 83 cities and 24 countries around the world. We transform buildings into dynamic environments for creativity, focus, and collaboration. More than just a new way of working, though, this is a movement toward a new way of living. We are a global company with a local playbook – whenever we enter a new market, we work with key partners and experts to help create a WeWork experience that connects with the local community in that region.
About Chesapeake Realty Partners
Chesapeake Realty Partners builds on more than 70-years of success in the Mid-Atlantic real estate market. CRP has been actively engaged in all aspects of real estate development – land acquisition, land planning and land development; construction of for-sale housing; construction and operation of residential rental communities; and construction and operation of commercial properties. The wide range of activities within our organization has been a singular advantage and source of financial strength and stability. In the ’80’s leadership passed from founder Morton J. Macks to his son, Lawrence Macks, and his son-in-law, Josh Fidler. The business then evolved into its present form as a diversified builder-developer of large scale residential communities; multi-family communities, as well as commercial, retail and mixed use projects.