IIDA – Perspective Fall/Winter 2019 - 41

of some sort of corporate cafeteria," says Sokol. "That's not
what we're going for."
Instead, there will be a variety of overlays for the
kitchens so they serve different purposes. For example,
residents who want to entertain guests will have access
to a large professional kitchen with a big island and stool
seating. Meanwhile, families that want to spend time
together might head to one of the smaller, tucked away
kitchens. "We try to diversify what these everyday spaces
are so that we can appeal to as broad a group of people as
possible," says Sokol.

Photos by: Courtesy of Starcity

Early Adopters
Millennials are getting on board quickly with the coliving trend.
Homeownership among millennials ages 25 to 34 is 8
percentage points lower than baby boomers at the same
age, according to the Urban Institute. And a survey by
Knight Frank of people ages 18 to 35 living in Indian cities
found that 55% are willing to rent co-living spaces.
According to Susan Tjarksen, a managing director at
Cushman & Wakefield in Chicago, millennials are drawn
to co-living for its affordability, the sense of community
it brings, and the cost savings that allow them to address
other economic burdens plaguing their generation.
"If you look at it-depending on which stat you use-
there is a desire to get back to basics. And people realize
there are between 74 and 78 million millennials [in the
co-living is the real sure-fire way to meet other folks and build
United States]," she says. "Student debt in that cohort
those relationships. And that's not something that comes as
averages out to be plus or minus $38,000 per millennial,
easily anymore."
and that payment average is $393 a month. That's 14
Creating New Communities
years to pay that off. So if you've got to pay
Millennials aren't the only ones buying into the
off student debt, how are you making enough
phenomenon.
then to save to buy a house?" In New York,
According to Linnell, expats make up a
for example, a co-living unit could rent for
large portion of Hmlet's residents. Co-living
$840 a month compared with a similar small
allows residents to meet new people, explore
studio priced at $1,480 a month, according to
new interests, and build a support network in
research by the Furman Center.
Eli Sokol
their adopted homeland. "Co-living can help
"One of the reasons our residents are
to combat the homesickness that comes with
coming to us is because the housing market
moving to a new country," he says. "You have your private
is spinning further and further out of their grips," says
space, but there's always someone around to talk to or be
Linnell.
with, so you're not feeling lonely."
Many millennials are also turning to co-living shortly
Targeted co-living arrangements can help meet the
after moving from the communal dorms and roommates
needs of oft-marginalized segments of the population, too.
of college to the anonymity of a big city. "If they're in a
For example, Sreoshy Banerjea, the
city where they don't know anyone, they often
assistant vice president of urban design in the
want to re-create that sense of community,"
Planning Division at New York City Economic
Tjarksen says.
Development Corp., says co-living could be
Sokol agrees. "I live in San Francisco, which
a great solution for immigrants just arriving
is one of the most tech-savvy places in the world.
to a new country. "WeLive or Common or
But everyone feels alone, disconnected," he says.
Ollie-they're all wonderful models. But they
"You go to your room, you watch Netflix, you
always seem to be catering to the techie, the
don't talk to anyone. So among a lot of people,
Susan Tjarksen

fall/winter 2019

With its eightstory, 803-bed
facility in San
Jose, California,
Starcity aims to
build a virtual
neighborhood.

perspective

41



IIDA – Perspective Fall/Winter 2019

Table of Contents for the Digital Edition of IIDA – Perspective Fall/Winter 2019

IIDA – Perspective Fall/Winter 2019
From IIDA
Contents
Next
Talk, Talk
Pre/Post
Education Revolution
A Planned Balance
Give & Take
The new Communal Living
Future Forces
Scratch Pad
Insider Intel
IIDA News + Updates
Why This Design Works
IIDA – Perspective Fall/Winter 2019 - IIDA – Perspective Fall/Winter 2019
IIDA – Perspective Fall/Winter 2019 - Cover2
IIDA – Perspective Fall/Winter 2019 - From IIDA
IIDA – Perspective Fall/Winter 2019 - Contents
IIDA – Perspective Fall/Winter 2019 - 3
IIDA – Perspective Fall/Winter 2019 - 4
IIDA – Perspective Fall/Winter 2019 - 5
IIDA – Perspective Fall/Winter 2019 - Next
IIDA – Perspective Fall/Winter 2019 - 7
IIDA – Perspective Fall/Winter 2019 - 8
IIDA – Perspective Fall/Winter 2019 - 9
IIDA – Perspective Fall/Winter 2019 - Talk, Talk
IIDA – Perspective Fall/Winter 2019 - 11
IIDA – Perspective Fall/Winter 2019 - Pre/Post
IIDA – Perspective Fall/Winter 2019 - 13
IIDA – Perspective Fall/Winter 2019 - Education Revolution
IIDA – Perspective Fall/Winter 2019 - 15
IIDA – Perspective Fall/Winter 2019 - 16
IIDA – Perspective Fall/Winter 2019 - 17
IIDA – Perspective Fall/Winter 2019 - 18
IIDA – Perspective Fall/Winter 2019 - 19
IIDA – Perspective Fall/Winter 2019 - A Planned Balance
IIDA – Perspective Fall/Winter 2019 - 21
IIDA – Perspective Fall/Winter 2019 - 22
IIDA – Perspective Fall/Winter 2019 - 23
IIDA – Perspective Fall/Winter 2019 - 24
IIDA – Perspective Fall/Winter 2019 - 25
IIDA – Perspective Fall/Winter 2019 - 26
IIDA – Perspective Fall/Winter 2019 - 27
IIDA – Perspective Fall/Winter 2019 - Give & Take
IIDA – Perspective Fall/Winter 2019 - 29
IIDA – Perspective Fall/Winter 2019 - 30
IIDA – Perspective Fall/Winter 2019 - 31
IIDA – Perspective Fall/Winter 2019 - 32
IIDA – Perspective Fall/Winter 2019 - 33
IIDA – Perspective Fall/Winter 2019 - 34
IIDA – Perspective Fall/Winter 2019 - 35
IIDA – Perspective Fall/Winter 2019 - The new Communal Living
IIDA – Perspective Fall/Winter 2019 - 37
IIDA – Perspective Fall/Winter 2019 - 38
IIDA – Perspective Fall/Winter 2019 - 39
IIDA – Perspective Fall/Winter 2019 - 40
IIDA – Perspective Fall/Winter 2019 - 41
IIDA – Perspective Fall/Winter 2019 - 42
IIDA – Perspective Fall/Winter 2019 - 43
IIDA – Perspective Fall/Winter 2019 - Future Forces
IIDA – Perspective Fall/Winter 2019 - 45
IIDA – Perspective Fall/Winter 2019 - 46
IIDA – Perspective Fall/Winter 2019 - 47
IIDA – Perspective Fall/Winter 2019 - 48
IIDA – Perspective Fall/Winter 2019 - 49
IIDA – Perspective Fall/Winter 2019 - Scratch Pad
IIDA – Perspective Fall/Winter 2019 - 51
IIDA – Perspective Fall/Winter 2019 - Insider Intel
IIDA – Perspective Fall/Winter 2019 - 53
IIDA – Perspective Fall/Winter 2019 - IIDA News + Updates
IIDA – Perspective Fall/Winter 2019 - 55
IIDA – Perspective Fall/Winter 2019 - Why This Design Works
IIDA – Perspective Fall/Winter 2019 - Cover3
IIDA – Perspective Fall/Winter 2019 - Cover4
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2019fallwinter
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2019summer
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2019spring
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2018fallwinter
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2018summer
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2018spring
https://www.nxtbook.com/nxtbooks/nielsen/perspective_2017fallwinter
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https://www.nxtbook.com/nxtbooks/nielsen/perspective_2016fallwinter
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https://www.nxtbook.com/nxtbooks/nielsen/perspective_2013fallwinter
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https://www.nxtbook.com/nxtbooks/nielsen/perspective_2012fallwinter
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https://www.nxtbook.com/nxtbooks/nielsen/perspective_2011fallwinter
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https://www.nxtbookmedia.com