7/31/18

Co-Living Spaces

Co-living, in a sense, is the reimagining of communal living. Those who live in these spaces describe co-living as modern housing where residents with shared interests, intentions, or values share a living space. At the moment, it remains mostly urban with residents sharing a house, building, or apartment; but it can, theoretically, be anywhere.

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‍Coliving spaces provide communal activities in addition to accommodations

Unlike a commune, those who choose coliving do not separate themselves from those outside their living space; they interact normally outside the space and just choose to live with like-minded or like-interested individuals. For this reason, you can find coliving spreading across the world. There are coliving spaces in the United States, Europe, Asia, Latin America, and more, with several companies offering multiple locations around the world.

Why is co-living so popular?

The rise of a coliving space comes from many factors, including the enjoyment of living with others who share similar interests. Many leaders in the coliving industry say that the popularity of this type of accommodations comes from the fact that people need to be around others. There are also benefits, such as a reduced financial burden, having support for problems when you need it, additional activities, and a sense of belonging. Coliving currently appeals mostly to younger generations who want to be able to travel and don’t want to worry about a mortgage. They are fine with a more minimalist lifestyle, as they just fill a room instead of a whole home.

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‍Coliving frequently includes coworking spaces and areas for collaboration

Exploring Some Coliving Spaces

There are now hundreds of coliving spaces around the world, including companies that let you use various locations with a single membership.

The Collective offers both coliving and coworking in the UK, specifically London, and began back in 2012. The space has grown over the years and now has 10 floors with a total of 546 rooms spread out between them. Common spaces include three dining rooms with themes, a cinema, a games room, a library, a secret garden, a spa, a launderette, a roof terrace, a gym, a lobby, a restaurant, and a bar, plus a shared kitchen on every floor.

Roam is one of the companies with multiple locations around the world. These include London, Bali, Miami, Tokyo, and San Francisco. All rooms in all its spaces have private bathrooms and include cleaning services for towels and sheets.

Sun and Co is in gorgeous Javea, Spain, just an hour from Valencia. The property is a 19th-century home in a historic seaside town with the choice of shared or private rooms, more than 200 square meters of private areas, and communal supplies.

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Coliving spaces also tend to host events for their communities

Comparing Coliving and Coworking

Coliving and coworking are similar in terms of more than just their names. They are both based on collaboration and community. They take a novel approach to daily activities, whether it is how we live or how we work. Many coworking spaces are now adding coliving to their options, and a great deal of the coliving spaces around the world include coworking, as well. This can provide a revenue boost for coworking and coliving spaces while appealing to members who do not need to deal with a commute and can spend even more time with those who share their interests.

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