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(The following content is written by Mayank Pokharna. You can reach out to him in case you want to chat more about all things coliving)
🔁📝Missed last week’s insights? We explored profitable hybrid hospitality models and the key takeaways from Artof.Co’s Demo Day. Check out the link below before diving into today’s post on coliving innovations:
Why Coliving? Let Maslow Tell You.
This one is from the archives but still holds true, and I go to it every time I think about “WHY COLIVING?”
The majority of us don’t understand the true value of co-living. That’s because co-living is still a recent phenomenon (even after so much buzz), and most of us have never lived in a coliving space. But that's about to change in the next decade. I believe more than 15% of the world’s population (~1 billion) would have experienced coliving by then.
We all crave for something. Some crave financial stability. Others are for the community. Others for self-actualization.
And co-living has the ability to satisfy all of them.
Read the full explanation by Gui Perdrix, where he talks about the case of Evolve, a coliving space he had setup in Bali, and how it satisfied all those needs.
New Book Alert: Utopies en Immobilier, Claire Flurin, Co-Founder, Co-Liv
In the book, she shares her journey from co-founding Co-Liv and pioneering new concepts to fostering broader dialogues for sustainable urban environments. This book embodies our generation’s collective aspirations for more sustainable, inclusive cities and offers innovative perspectives on transforming the real estate sector.
For everyone who shares the passion for reimagining living spaces, this is a testament to how far this kind of idea can travel and the impact it can have on urban development.
Case Study: OpenDoor Coliving, Kyle is looking for a Co-author.
Some coliving operators have proven profitability, however, it remains to be seen what impact coliving has on resident well-being. Is this billion dollar industry just bringing convenience, or is it hitting the mark for a sense of community, belonging, and ultimately well-being? Can the mental state of our society afford to miss the mark?
Kyle Garder says, “We need a deep dive study of the well-being of coliving residents. From personal experience and from immersing myself in the coliving industry for 4 years, I believe a case study on OpenDoor Coliving can achieve this. Their model had the transformative potential of co-ops and the scalable potential of commercial coliving with 19 properties over the 9 years.”
Kyle has lived at OpenDoor Coliving for more than a year and runs his own coliving space called Revillage in the USA.
Here is some more info on the case study for you to look at.
Contact Kyle on Whatsapp - https://wa.me/17202326836
Coliving Spotlight: Palma Coliving, Spain
Hugo Grange and Matthieu Zeilas cofounded Palma Coliving to offer distinctive spaces for the emergence of innovative ideas, the formation of new partnerships, and the exchange of knowledge. They cater to remote workers such as digital nomads, entrepreneurs, and independent travelers.
Currently, they have spaces in Mallorca, Barcelona, and Valencia.
Everything Else Coliving
- Co-Liv is hosting "MIPIM Unveiled: Bridging Insights with Co-Liv & Beyond," hosted at Club Caramel by GroundInn on Thursday, May 9th. You can get your ticket here
- Enso Coliving, one of the larger operators in Spain, is now looking for a Chief Marketing Officer to join them full-time.
- Multigenerational coliving becoming more popular. Winona assisted living facility, elderly are co-living with students.
- More conversions of office spaces in to coliving. Plans to convert Peterborough office block into new co-living facility
- Listen to the new podcast called “Colivers Club” where Cesar Alberca interviews different remote workers from around the world that stay in colivings.
- Coliving is now being touted as a solution to “Climate Change” and “Housing Crises”. Read on why people in UK thinks about Colivng’s growth story.
- Opening Repair Cafes to build community? Sounds Wierd? Read this interesting post by Ignacio Marquez.
- Do you think integrating coliving and coworking spaces is a good idea? Read what Work District has to say about this.
- New Software Alert: Powerhouse is the property management platform for community-based living. Intuitively designed to support the residential staff, the platform helps operators grow their property portfolio and more.
- Read the insights from the recently concluded Bisnow’s UK Coliving Summit in London.
We hope you enjoyed this edition and wish you a great weekend ahead,
Gui Perdrix & Mayank Pokharna
The Artof.Co team
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