They are building these in Portland now, several in Seattle too. Not as upscale as you described. 200 sq ft units w/ bath but no kitchen. Several units share communal kitchen and dining area. Basically a dormitory. Will rent about $200/mo cheaper than a conventional studio apartment. In urban mixed commercial/residential areas with lots of mass transit, car share, food joints, hipsters, bars, etc. I think it makes sense for young people just starting out, for people who work in a city and go home on weekends, etc. I guess they can't stop you from having a mini fridge, microwave, coffee maker, etc . They fit 50+ units in four floors in a single family house's lot.
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I keep thinking that for many young professionals, a college dorm plus would make sense. Figure 120-200 sq feet, a bathroom and shower. Lofted bed. Small cooking area and then the rest is open concept. Definitely enough space for one person, and able to be close to work/the action, even in an expensive city.
Now add in amenities like a gym, meeting rooms, TV/rec rooms, a pool, parking and maybe some higher end "take out" food on the first floor. Hmmmmmmmmmmm.....
Jeff, need some help here!
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