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As Los Angeles—and, really, greater Southern California—moves toward density, developers have been challenged to find affordable ways to house the growing population. Co-living has quickly moved to the top of that list. The model can support more lifestyle needs and family structures than typical multifamily and at a lower cost. KTGY, which has recently expanded its co-living brand Co-Dwell, says that co-living could be an answer to affordable housing, and developers are showing increasing interest.

“The Co-Dwell concept was developed in response to many discussions we have had with several of our clients who see a need for additional attainable, high-density housing,” Aimee Ho, senior designer at KTGY Architecture + Planning, tells GlobeSt.com. “The need for more housing in urban areas is clear, but much of the focus of recent development has been on high-end residential or tax-credit affordable housing. The need for market-rate housing that addresses the challenges of affordability has been difficult to resolve. We felt it was important to design a high-quality solution that addresses both the individual experience and the community aspects of providing attainable housing.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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