Regus WeWork to open its third location in Dallas
WeWork will open its third Dallas-based office in early summer, according to the company. The space can accommodate about 550 people and will be located in Plano in Legacy West, a mixed-use development near Toyota and Liberty Mutual Insurance. WeWork's first Dallas office opened in Uptown in January and the firm will open a second in Thanksgiving Tower in downtown Dallas in April. WeWork faces competition from Dallas-based Common Desk, which will open its third co-working centre in the city later this year. Regus and Industrious also offer shared working space in the Dallas-Forth Worth area.

Global co-working company WeWork is opening a third Dallas area location -- and this time, it'll be in the 'burbs.

Plano is the next stop for the co-working giant, said Adam Wacenske, WeWork's general manager of the southern region. The new space will be in Legacy West, a mixed-use development near major employers like Toyota and Liberty Mutual Insurance. It's expected to open in early summer, Wacenske said.

WeWork moved into the Dallas area this year. Its first location opened in Uptown in January. A second will open in downtown Dallas' 50-story Thanksgiving Tower in April.

WeWork has three other Texas locations -- all in Austin.

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Co-working spaces have been on the rise in Dallas and elsewhere as more people work remotely or for themselves and seek out creative offices that shun the confines of cubicles. Many co-working spaces, including WeWork's, have an open layout, big windows, plush couches and snack rooms.

In North Texas, Wacenske said WeWork wanted to open a place that would be more convenient for people who live in the suburbs or go there for business. For example, he said, WeWork members based in Uptown could use the Plano location when visiting clients.

“We want to be around the areas where people are living and working and playing," he said.

New York-based WeWork has co-working centers in more than a dozen U.S. markets and 15 countries, including the U.S. Customers can pay for drop-in desks, dedicated desks or office spaces. They can also use WeWork locations in other cities when they travel.

The company's Uptown location is at about 70 percent capacity, Wacenske said.

Coworking spaces are used by a wide range of people, including freelancers and startups, but Wacenske said WeWork is seeing its fastest growth among enterprise companies, such as Microsoft and Dell, that need space for employees in multiple cities.

WeWork's Plano location will have room for about 550 people, Wacenske said. It will be at 7400 Windrose Avenue, surrounded by hotels, apartments, restaurants and stores on the northwest corner of Legacy Drive and the Dallas North Tollway.

It won't be the only co-working space in Plano. Dallas-based Common Desk is opening a co-working center in the nearby Granite Park project. It's the third location for Common Desk, which also has spaces in Deep Ellum and Oak Cliff.

Other corporate co-working companies that have moved into the Dallas-Fort Worth area include Regus' Spaces and New York-based Industrious.