Why Co-Living Is the Next Big Thing in Housing

Co-living housing models are rapidly growing in popularity. KTGY is now expanding Co-Dwell, its co-living program, in response to the increasing popularity and demand for more affordable living spaces. Co-Dwell complexes are a collection of micro-units with shared amenities and common spaces. Individual units have small kitchens and living areas with as many as four bedrooms. The concept is meant to provide both better affordability and quality of life.

“The housing affordability crisis in America is a major issue on our minds as residential architects,” Aimee Ho, a senior designer at KTGY. “The amount of affordable housing needed cannot be built fast enough, so the R+D Studio wanted to explore how building design and the way people live could create an attainable housing model to address this national crisis.”

The co-living model actually has a broad range of benefits in addition to affordability, like shared living responsibilities and community programs, and it provides benefits, like child care and elder care “Resident programming, community formation, and resource sharing are some of the benefits of the co-living model. In addition to direct savings on rent, the Co-Dwell concept offers indirect savings such as the sharing of utilities, household supplies, groceries, and transportation, generating significant economic benefits within co-living communities,” says Ho. “Programming of social events and meal sharing help to build a sense of community and make resource and skill sharing financially valuable for all residents while also creating a much-needed support network.”