New projects from Starcity, Ollie show shift to building multistory projects from scratch Coliving?the private bedroom, shared common space living concept embraced by a number of housing startups?is, in the parlance of the tech workers it often caters to, scaling up.
As reported by the Wall Street Journal, a number of recent projects show coliving not merely expanding, but aggressively trying to live up to a core promise of their business models. This includes ALTA, a recently opened 422-bed, 14-floor project in New York?s Long Island City led by Ollie, a new Brooklyn-based project in the works by London-based Collective, Common Addams, a 223-bed project in Chicago?s Pilsen neighborhood, and a pair of multistory, ground-up projects in the Bay Area by San Francisco-based Starcity. By making a tradeoff?asking tenants to live in a smaller, furnished private bedroom and share common spaces and expenses such as cleaning and Wi-FiWi- among fellow tenants?coliving can provide residents with more affordable access to great neighborhoods, and solve what has become a core issue in increasingly unaffordable cities.
?The fabric of these communities is coming apart,? Jon Dishotsky, CEO of Starcity, told Curbed during an interview at the company?s new Venice Beach location. ?There?s low-income housing, and shiny glass housing that only a few people can afford. Where does everybody else live" They?re getting pushed out of these really good neighborhoods.?
Dishotsky?s company p...