LATEST NEWS

The Future Of Co-Working Now Includes Beds, Kitchens & Showers

Are you ready to live, work and play with your office colleagues?

By Jeff Vasishta November 14, 2016
Credit: Vladimir Kudinov

Live/work spaces are hardly new. Many hippies lived in communes, bedding down (often with one another) by night and making millet bread or hemp pillows by day. Before that Native Americans lived in similar set ups in their wigwams and tepees. The 2016 urban version of a commune has been rebranded as a Live/Work space and they are big money makers.

In Los Angeles, developer Uncommon has broken ground on 24, a live-work-play campus in Chatsworth. It’s a 660-unit luxury property with 255,000 square feet of creative office space, dining and retail and a full range of amenities on a multi-acre campus designed by KFA.

Related: Co-working Spaces, Restaurants and Tech Companies Rush In Where The Jehovah’s Witness Have Vacated

Co-managing partner, Jason Larian, broke down the basics of their concept in globest.com:

“Residential tenants can work nearby, eliminating their commute; run their errands in the retail plaza; and walk their dogs at the dog park.  Our office tenants can relax by taking leisurely walks in nature, enjoy al fresco picnic lunches, and visit the gym after work onsite.  And the surrounding community can attend cultural events like concerts and movie screenings designed to connect and entertain. We also achieve this vision with thoughtful site design making sure that each building and activation point is connected through a series of walkways filled with activities in every corner.”

Co working company, WeWork has been experimenting for close to a year now with with WeLive where around 80 WeWork members and employees have moved into 45 apartment units in WeWork’s first “co-living” space at 110 Wall Street, which will eventually house about 600 people on 20 floors, according to fastcompany.com. Along with living accommodations, residents will have access to community events like fitness classes and potluck dinners, services like cleaning and laundry, and a digital social network—all of which can be coordinated through a mobile app.

On many levels co-living makes a lot of sense. In an age where many people are working remotely it serves as a kind of a hybrid—you can actually work from home while still being in the office. It also a big win for the hosting company, having many of its employers living in close quarters, collaborating, being friends out of the office and paying the company they work for, for the privilege of doing so.

Several co-living companies are now sprouting. Common, a co-living company founded by Brad Hargreaves (who launched the trade school General Assembly) opened its first Brooklyn location a year ago. Krash, which caters to a tech-focused crowd, at one point had eight locations throughout Boston, New York, and Washington, D.C. WeWork is also reportedly preparing more than 200 coliving units in Crystal City, near Washington D.C.

KFA’s Jason Larian  stated of his company’s  adventurous 24 development: “Many of our tenants are current employees who commute over one hundred miles each day. Being able to live in a brand new community with luxury living quarters a walking distance from work is a huge draw for them.  We will use a similar model with anchor office tenants at future iterations. Most live-work-play campuses don’t do a very good job connecting the people living and working on campus. We are going the extra step of programming the spaces with activations and special events, which foster community.” Which is fine if you get on with your co-workers. If not, you may want to stick with the 100 mile commute.

 

 

 

Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

  • AGORAFY
    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China https://goo.gl/PsTUwv
  • AGORAFY
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures https://goo.gl/NZ3zqD
  • AGORAFY
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury https://goo.gl/7TpLk6
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…
Will Artificial Intelligence Change Real Estate Industry In The Next Five Years?
Globalization and tech progress are the two forces that are irreversibly changing the world. Robots, machines, artificial intelligence (AI) tools, and, of course, vast amounts…