WeWork is closing one of its two Salt Lake City locations at the end of the month, after closing one of its Lehi spaces in January, the company confirmed Thursday.
Operations at WeWork’s 250 Tower, at 250 E. 200 South in Salt Lake City, will close at the end of March. The company’s Innovation Pointe 2, at 1557 W. Innovation Parkway in Lehi, closed at the end of January.
Two locations will remain after the end of March: Offices in The Gateway in Salt Lake City and Innovation Pointe at 1633 W. Innovation Way in Lehi.
WeWork helped relocate members at the Lehi location and will do the same for members in the 250 Tower, a company spokesperson said.
“As part of WeWork’s strategic restructuring efforts, we made the difficult decision to end our operations at 250 Tower and Innovation Pointe 2,” the spokesperson said in an email. “We previously offered affected members the option to relocate, with our support, to our other locations in the area and apologize for any inconvenience this has caused.”
The coworking startup said in November that all four locations would remain open following a Chapter 11 bankruptcy declaration.
But WeWork also indicated in a release about the decision that it was requesting the ability to reject the leases in some locations that are “largely non-operational.”
David Tolley, the company’s CEO, wrote in a September letter that WeWork was renegotiating with landlords on “nearly all our leases.”
Salt Lake City is still a “priority market” for WeWork, the company said, and it looks forward to “continuing to provide members with flexible workspace solutions at our other locations in the city.”
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