WeWork, the $10 billion startup that leases space to startups, has bigger ambitions: it wants to rent you a "co-living" space where you work, too.
WeWork is busy launching its co-living apartments — known as WeLive spaces — in places like New York City and Washington DC, The Information reports. [...]
WeWork will offer more than 250 micro-apartments at that location, along with amenities like bike parking, an herb garden, and a library. — Yahoo! Finance
Read also our Working out of the Box interview with Miguel McKelvey, co-founder of WeWork and a trained architect himself.Previously in the Archinect news: WeWork moves into residential development with WeLive.
Hong Kong is one of the most densely populated cities on the planet. To accommodate a rapidly growing number of inhabitants in a limited area of land, the emphasis is on space efficiency – which often translates into extremes of verticality and compact living.
Alex Nimmo grew up in the English countryside but moved to Hong Kong three years ago. The contrast, as you might imagine, was sharp. — theguardian.com
↑ Bel Air↑ Sheung Wan↑ Quarry BayAll images by @alexnimmo on Instagram.Related:Hong Kong tops Bloomberg's list of "Most Crowded Cities" by 2025Asia’s richest man is building Hong Kong apartments barely bigger than a prison cellVertical Horizon 2nd Edition: Romain Jacquet-Lagreze's...
the government’s recent planning policy – which could have resulted in property developers dodging up to £1bn in affordable housing payments – has been definitively quashed following a High Court ruling. [...]
the “vacant building credit” let developers convert empty buildings into housing without making the usual Section 106 contributions for affordable homes.[...]
The ruling was described as a “victory for common sense [that] will help generate more affordable homes in London” — theguardian.com
More on housing policy in the UK:The Guardian reveals how developers play the planning system to get around affordable housingLondon is eating itselfCornered: London Building Innovatively Addresses HomelessnessActivism targeting London's housing crisis bubbles to the surfaceLondon's traditionalist...
Luke Iseman, 31, leases a 17,000-square-foot warehouse in Oakland in which he has built 11 micro residences out of cargo containers, Bloomberg reports. He charges $1,000 per months for each of the makeshift homes, which aren’t legal, strictly speaking. [...]
“We have an opportunity here to create a new model for urban development that’s more sustainable, more affordable and more enjoyable.” — businessinsider.com
More news on shipping containers and the Bay Area's residential market:The Emergence of Container UrbanismForget Big-Box Stores. How About A Big-Box House?Airbnb rentals cut deep into San Francisco housing stock, report saysNo room for affordable housing in SF? Build it in OaklandLooking to buy a...
Pure House is among a handful of businesses that are renting rooms at a premium in exchange for access to amenities, a dormlike atmosphere and an instant community. For a certain set of New Yorkers, often new arrivals to the city with an income but no rental history, Pure House offers something of a reprieve. [...]
The arrangement is a commercial outgrowth of co-living, taking life with roommates to a different level. — nytimes.com
More news from the New York City residential market:NYC's public-housing woesMarried Couples Take on Roomies to Adapt to Sky-High NY Rents111 West 57th Street: The World’s Skinniest Tower Will Also Be the Hemisphere’s Tallest Residential BuildingThis New "Steampunk" Luxury Apartment Building...
At what cost? The LAVA plan could be difficult to manage structurally, cost a significant amount of money and see Sirius occupants relocated anyway. But it could also be a more sustainable option than knocking down and rebuilding. — architectureanddesign.com.au
SIRIUS in 2014.Alas, the curse of the "brutalist eyesore" continues with the historic SIRIUS apartment building in Sydney, designed by architect Tao (Theodore) Gofers in 1978-79. Adding a third option to the demolish-preserve debate that typically ensues, local architecture firm LAVA proposed the...
Seen exclusively by the Guardian, the document sheds new light on why so little affordable housing is being built across England; why planning policy consistently fails to be enforced; and why property developers are now enjoying profits that exceed even those of the pre-crash housing bubble. — theguardian.com
And the affordable housing crisis is certainly not restricted to the greater London area as many recent headlines on Archinect show:No room for affordable housing in SF? Build it in Oakland"We've got enough millionaires": George Lucas wants to build affordable housing on his own landDevelopers in...
When Lord Rogers launched a campaign to save one of London’s most notorious housing estates from demolition, he was adamant that it was a desirable place to live. [...]
It is a claim he may regret. Unhappy residents of the estate have challenged the peer to be true to his word and swap his £12 million Chelsea townhouse for a few nights in one of their blighted flats. — telegraph.co.uk
The U.S. Department of Housing and Urban Development embraced the trapezoid, dubbed Iberville-Treme, along with an exhaustive New Orleans plan that called for 2,314 apartments constructed within 54 months.
Yet after 48 months — four years — the work in New Orleans is far from done.
If construction continues at the same pace in coming years, the promised 2,314 apartments won’t be complete until 2026. — nextcity.org
The ideals of Novye Cheryomushki may have died, but its methods and techniques remain — having managed to make some people very wealthy. Moscow suburbia is not so much the remnants of a great experiment, perhaps, but suburbia like any other suburbia — a place of dreams and boredom, great ideas being implemented and then slowly crushed. — calvertjournal.com
MAD Architects is making their U.S. residential debut with the unveiling of 8600 Wilshire, which is scheduled to break ground along Wilshire Boulevard in the one and only Beverly Hills this October. Described by the architects like an oasis-like 'hillside village', the stark-white glass villas and...
The Ponte saga is a classic South African story. Once a Jacuzzi-filled playground for the segregated white elite in the apartheid era, then falling into chaos in the 1990s as the wealthy fled to the suburbs, then the object of failed luxury-condo schemes, the tower is now undergoing a renaissance as an icon of Johannesburg’s urban revitalization. [...]
The hollow core began to fill with garbage and rubble – several stories high. — theglobeandmail.com
Loath to lose more housing, Los Angeles lawmakers are now taking steps to help legalize 'bootlegged' apartments that have long existed without municipal blessing...The goal, City Councilman Felipe Fuentes said, is to 'maintain affordability and try to get folks into stable, dignified housing.' Both tenant and landlord groups praised the budding plan as a 'win-win'...But the idea has already raised concerns among some residents who see it as a reward for flouting the law. — Los Angeles Times
More:In Los Angeles, homelessness is becoming more visibleMonterey Park City Council adopts tougher penalties for landlords of illegal boarding homesWill Los Angeles be seeing more housing development along its LA River?Another case of "poor door" for proposed Vancouver high-riseHonolulu Law...
Right now, Amsterdam’s Center Island (Centrumeiland in Dutch) doesn’t look like much [...] The island, in use for the first time this summer as a campsite-cum-art installation, is in fact an entirely artificial creation, lying at the heart of what could currently be Europe’s boldest engineering and housing program. [...]
The archipelago will eventually be home to up to 45,000 people in 18,000 homes, 30 percent of which will be earmarked for affordable rent. — citylab.com
Turner Impact Multifamily Fund will target opportunities to acquire housing for workers making up to 80 percent of the area’s median income. The goal is to provide housing for those who earn too much to qualify for subsidized housing, but too little to afford a home or luxury apartment near their workplace [...]
“Workforce housing is an overlooked segment of the real estate market with a significant mismatch in supply and demand that we believe offers a compelling investment opportunity” — labusinessjournal.com
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