Welcome to another cocktail, infused with the latest coliving news, projects, knowledge and announcements 🔥
These are my six main picks from everything that is happening:
Coliving is still controversial, at least in Ireland.
Public dismissal of the 111-bed shared co-living development in Ballsbridge by Bartra Capital is riding on a wave of public discontentment, as we've seen last year with people going on the streets against coliving developments. How will city authorities react? My hypothesis: this is a phase that will end with the approval of more qualitative projects, yet controversy will never end (and in fact, is just starting).
Developments are popping up everywhere.
Whether a 3,000 bed project in Manchester by Vita Group and Downing, a 400-unit space in Dublin by Stoneweg, the launch of the 3,000 bed startup COVIE in India (not located in one building) or a 210-bedroom project somewhere in the UK by Bartra, the question now is: when is it coliving and when is it not? Would a shared gym and rooftop be sufficient to call a 3,000-bed project "coliving"? Or is there a limit in terms of maximum amount of people who share fundamental amenities such as kitchen and living room? It's easy to ride the coliving wave when a product actually resembles a high-end serviced apartment model.
Coliving post-covid, rise or downfall?
In our latest Coliving Insights edition, we made it clear that coliving is here to stay - and to adapt. Now, some press is picking up the subject. I have zero fear that the coliving demand and supply will drop. Witnessing the amount of posts on Facebook from individuals who want to live in community, seeing the amount of housing innovation in rapidly urbanized countries, reading about acclaimed mixed use housing architecture and hearing about the continuous approval of new developments, the question rather is whether coliving spaces will turn towards more "micro-units" instead of bringing innovation within the shared living architecture.
Will coliving go mainstream?
In an article by my friend Lachlan Sloan, one sentence summed it up: "I think that only a very small percentage of the actual residential accommodation market will be coliving. This is (...) simply because the residential market is so huge that even a small percentage of it is considered large." The real challenge will not be penetrating the market, but differentiating yourself within it. And if you ask yourself how - read about the future of coliving in our Coliving 3.0 concept.
My favorite read:
a lot of articles have been talking about how the future of living will the integration of home, community and work in one place. Which is fine - but it often only scratches the real estate surfaces. Ryan Fix wrote the most beautiful piece on that subject I've read so far - enjoy the read.
Get involved in the Coliving Industry Survey:
initiated with Co-Liv, the goal is to better understand the needs of coliving professionals. The results will only be used internally (and it's anonymous) to create more initiatives that serve you -whether masterminds, events, lobbying, content, etc. You can still participate until the end of this week - click here to do so!
How do you create engagement in coliving spaces?
Community is NOT created by itself. It can be - but instead of leaving it to luck, better implement the right approaches that will increase the chance for community to be formed.
It's official: we are launching the Coliving Awards.
Find out more about the Coliving Awards, how to get involved and how to participate.
I've been blessed that Europe opened up again, which allowed me to visit family and spending quality time with key friends (and business partners - there is no difference to me).
The reason why I can't stay longer than a few weeks in Paris is that the general culture is one of complaint - which is fine, as long as you take action and don't take things personally. But that, is often not happening.
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