CoreWeave is quietly bulking up in downtown Bellevue, doubling its office footprint at One Bellevue Center as it ramps up local engineering and customer teams. The expansion is the latest sign that the city’s core remains a magnet for AI and cloud companies.
The company recently took additional space in the tower, effectively doubling its footprint there as of May 28, 2026, according to a report in the Puget Sound Business Journal. That coverage framed the move as part of a broader wave of AI-related leasing on the Eastside.
CoreWeave's public profile and scale
CoreWeave went public in March 2025, pricing its initial offering at $40 a share, according to the company’s SEC prospectus. That price implied an initial valuation near $23 billion, as also noted in coverage from Capital.com.
Bellevue's AI push
CoreWeave is just one of several AI players planting flags downtown. Bellevue has attracted a steady drumbeat of tenants this year, from OpenAI’s expansion to new leases by Elon Musk’s xAI and other firms. Regional coverage has tracked those moves, including reports that xAI snags Epic Games' old Bellevue hideout.
What this means locally
Locally, CoreWeave’s added room appears aimed squarely at growth. The company is advertising several Bellevue-based roles, signaling that the expanded office will support engineering, operations and customer-focused teams. Listings on Built In Seattle show multiple openings tied to the Bellevue presence.
Public reporting suggests the wider leasing rebound on the Eastside is being driven in part by demand from AI firms, according to KUOW. CoreWeave’s expansion slots neatly into that trend, reinforcing Bellevue’s status as one of the region’s busiest hubs for AI and cloud infrastructure.
