Co-living brand Treehouse is breaking ground ona large-scale co-living concept in Hollywood, eponymously namedTreehouse Hollywood. The project is the first ground-up,large-scale co-living concept in the market, which has been plaguedby a housing shortage. Treehouse Hollywood will accommodate 60 to70 residents and will include entertainment and professionalamenities, like recording studios for podcasters and musicians.

“Treehouse Hollywood is the first purpose-built, ground-up,co-living development to open in the United States,”Prophet Walker, co-founder and CEO of Treehouse,tells GlobeSt.com. “We took that to heart, and we've created atruly new, kind way of living. Everything about the building, andour company, is designed to facilitate community and kindness. Ourvision is to make the modern world less lonely and isolating, tocreate a community of people who live fuller lives by living thoselives together. We think that is particularly important in a cityas sprawling as L.A.”