fbpx

We’ve all heard about artificial intelligence “taking over the world.”

With the recent arrival of ChatGPT and a whole range of fancy AI tools, it’s easier than ever to envision a dystopian future controlled by freaky AI robots. Many of us have found ourselves wondering…will AI replace my job? Will I be out of work in a few years? 

Phil Calzavara, esteemed Engineer & Data Scientist, sees things differently. In fact, Phil views artificial intelligence as a promising augmentation of our current human capabilities, not an outright replacement. While many industries will certainly have to adjust to the arrival of advanced AI technology, he sees this as a positive change that will revolutionize our collective creativity, rather than limit it. 

Can you imagine? AI being used as a tool to propel innovation into new realms, allowing anyone to breathe life into a creative, personalized venture and lowering the barriers to do so? 

Well, Phil has put this to the test. And it’s impressive. 

 

dreamstories.ai 

storybooks from dreamstories.ai

Phil’s groundbreaking entrepreneurial venture, dreamstories.ai, leverages AI to create personalized storybooks for your friends and loved ones. By uploading just a few photos, Phil’s specialized AI technology generates spot-on illustrations that turn your chosen person into the protagonist of the story. Then, voilà! Your friend, child, parent, or whoever you choose is a storybook superhero, illustrated in perfect detail as they embark on wild adventures and save the day. 

To create your own storybook, it goes a little something like this…

  • Head to the website dreamstories.ai  
  • Personalize your story by answering a few prompts and adding key details
  • Upload several photos of your selected person 
  • Take a look at the demo version of your story 
  • Order your personalized storybook for delivery! 

The inspiration behind dreamstories.ai storybooks

The idea for dreamstories.ai was actually born from a simple favor. Phil, known as the “techy AI guy” in his circle of friends, was asked if he could make a personalized storybook featuring his friends’ son as the main character. Of course, his answer was yes. But as he dove into the intricacies of AI image generation, he was surprised to discover many gaps in the technology. 

It proved incredibly difficult to produce consistent AI generated images. The process entailed working with numerous AI base models, training and “fine-tuning” their behaviors, and even still the illustrations were largely flawed and difficult to replicate at scale. Phil began going down Reddit and YouTube rabbit holes, fascinated by the lack of formalized research on this topic. 

He realized there was a huge untapped market when it came to AI image generation, and his curiosity quickly turned into a deeper passion to develop this technology and create his own brand.  

 

Phil’s unique AI formula

storybooks from dreamstories.ai

Phil became fascinated with the idea of large-scale personalization using artificial intelligence. With regard to storybooks, he knew this sense of personalization would be the key to their success: the more specific and detailed a story, the more engaging it is. If he was going to scale dreamstories.ai, it was essential to train the AI to create high degrees of customization, both with text and illustrations. 

Phil leveraged different AI base models, specifically Open AI and Stable Diffusion, as a basis for the storybooks’ creation process. Then came the big challenge: fine-tuning. In the data tech world, fine-tuning refers to the introduction of new information into these base models, and teaching them how to execute new tasks. 

Now, Dreamstories.ai is fully operational, and has received incredibly positive feedback about the life-like details of the AI generated illustrations. New story themes, options for multiple personalized characters, and even stories featuring your own pets are all coming soon! 

 

Innovation at it’s finest 

storybooks from dreamstories.ai

Phil comes from an extensive background in both computer and data science. He completed studies at the Polytechnic Universities of Milan and Madrid. Most recently, he worked as a Data Scientist for Uber in Amsterdam playing a key role in designing and analyzing Uber’s payment and transaction infrastructure to support millions of daily rides. He has an extensive CV of experience, yet cites that roughly 80% of his AI technology with dreamstories.ai has been completely new knowledge for him. 

“It’s a super new field. There aren’t books about this right now…It’s a lot of intuition. Trying things out, seeing what works and what doesn’t work and then cutting what doesn’t.” 

Phil remembers being fascinated by computers ever since the age of 5. He was playing computer games before he could read or write, and always had a strong intuition that he would be an entrepreneur. As he continues to refine his illustration generation process with dreamstories.ai, he increasingly envisions how AI technology can evolve to support future personalized products and ventures.

 

Phil & Urban Campus 

In terms of Phil’s personal life? Something like “non-stop world traveler” would be a fitting description. He is originally from Italy but has spent time living in Spain, Portugal and the Netherlands as well as summers in the United States, Hungary and Russia. One challenge he has faced with his international lifestyle has been maintaining meaningful friendships and community. 

“It is such an investment of time, you have to build relationships and you know that most people move on with their lives and move to different countries…I think from that perspective UC helped me a lot.” 

For Phil, the community was the primary aspect that attracted him to Urban Campus. He lived for 1 year at our Urban Campus Mellado, Madrid Coliving in 2021 before moving to the Netherlands for work. A year and a half later, he decided to return to Madrid to work full-time on dreamstories.ai, largely due to the strong friendships he still had in the city. Returning to UC Mellado was a no-brainer, as he still had many friends in the coliving and wanted a solid community as he pursued his new storybooks venture. 

“The fact that in UC you are living with so many people, it is so great from a perspective of making friends. For a person that just moved to Madrid, I think it is amazing. They get to know 100 people in just a few days. Not to mention all the events and the community breakfasts, which are the best.” 

Coworking at Urban Campus

As a self-employed entrepreneur who works from home, Phil especially appreciates the coworking space at UC. It has given him the chance to separate his working and living space, and also get feedback from other colivers about his business. In this way, he has gained friendships and collaborative colleagues all at the same time. 

Phil leads the operations at dreamstories.ai completely by himself, which he mentioned can be challenging and lonely – although, gratifying above all. Having access to the international community at UC has made his journey far less isolating, giving him a family of people with whom he can celebrate his progress and wins. We can’t wait to see what comes next for him, and of course order storybooks of our own!

Want to check out the storybooks for yourself? 

Urban Campus is rapidly expanding their portfolio of innovative housing solutions. 

In the ever-evolving landscape of urban development, Urban Campus has emerged as a pivotal force. The company is fundamentally transforming the essence of city living. Founded in 2016, Urban Campus has established itself as more than just a housing provider. It is a community builder, crafting coliving spaces that foster connection and growth among young professionals across France and Spain.

Maxime Armand, Urban Campus COO and Co-Founder, recently sat down with Le Figaro to illuminate this journey. He spotlights how Urban Campus’s unique approach—merging private units with state-of-the-art common spaces—has not only redefined residential living but has also catered to the modern needs for flexibility and social integration. This model has proven successful, challenging traditional living arrangements and responding to the growing trend of remote work and urban isolation.

 

More than just Coliving

innovative housing solutions

However, Urban Campus’s operations are extending beyond coliving. Throughout 2024, the company is set to triple its portfolio. In addition to coliving, they will be introducing multifamily complexes and LLI affordable housing. In this way, Urban Campus is quickly broadening its reach to encompass multi-generational residents. This expansion is rooted in the company’s unwavering pillars of affordability, quality, and community spirit, aiming to make urban living accessible and enriching for a wider demographic.

 

The Foundation of Urban Campus

Must Do's if you Live in Lille, France

The foundation of Urban Campus is built on addressing the challenges of high living costs, social isolation, and the absence of a supportive community in cities. By blending private and shared spaces, Urban Campus has created environments where individuals can thrive personally and collectively. They promote a lifestyle that values mutual support and shared experiences.

As urban landscapes continue to evolve, Urban Campus is not merely adapting but leading the change. They are focused on ensuring this growth encompasses inclusivity and sustainability. The companies exisiting residencies are testaments to the transformative power of innovative housing solutions. With each new opening, Urban Campus proves that cities can indeed become places of rich community and inclusivity.

 

The Way of the Future

innovative housing solutions

Through continued expansion and commitment to addressing the diverse needs of urban dwellers, Urban Campus stands as a model for future urban living solutions. Maxime Armand’s insights from the Le Figaro interview not only highlight the company’s past achievements but also pave the way for its future endeavors. They continue to focus on creating vibrant, sustainable, and inclusive urban environments for everyone to enjoy.

Keep an eye on Urban Campus as we proudly expand our portfolio. From our new Avenida America, Madrid Coliving to our novel La Maillerie, Lille Coliving coming in the summer of 2024, we’re not just growing — we’re evolving. Our strides into multifamily and affordable housing further showcase our commitment to diverse, quality urban living. We’re not just building spaces; we’re creating the future of city living. Stay connected for more developments!

 

Watch the full interview…HERE!

March 1, 2024

Read the full article HERE.

  • The 2024 finance law in France signifies a paradigm shift by focusing on affordable housing, creating a legislative framework that benefits both citizens and investors while fostering social inclusion.
  • Urban Campus is actively involved in shaping policies to ensure access to affordable and sustainable housing, offering services and rentals at fixed prices.
  • The French initiative could serve as a model for Spain, suggesting a collaboration between the public and private sectors to solve the housing crisis.

 

Progress in the Affordable Housing Sector in France

The future of urban living and affordable housing

Ana Martínez, the Chief Operations Officer for Iberia at Urban Campus, discusses the impact of the new housing law in France, highlighting how this legislation brings significant changes to the sector by emphasizing affordable housing and social inclusion. The law benefits not just French citizens but also investors committed to the affordable housing sector.

Urban Campus plays a significant role in this transformation, working with lawmakers to develop policies that not only facilitate housing access but also promote sustainability. By adopting an approach focused on shared economy, Urban Campus is redefining the concept of urban community through projects that offer included services such as Wi-Fi, gyms, and coworking areas. These are also part of their “Build to Rent” schemes, located in places such as Colombes and Le Bourget.

 

Affordable Housing in Spain

The future of urban living and affordable housing

This approach contrasts with the situation in Spain, where despite efforts, there is still room for improvement in collaboration between the public and private sectors to address the housing crisis. The French legislation could inspire new legislation in Spain, promoting a collaborative model that benefits all involved parties.

Urban Campus’s strategy, aligned with ESG principles, proposes eco-friendly buildings and housing that not only meet current needs but also set a standard for the future of urban housing. This combined with their sharp insight towards the ever-changing needs of urban dwellers is marking a new paradigm in the European real estate sector.

Want to read more about Urban Campus? 

In today’s bustling urban cities, the idea of coliving has quickly caught fire. Coliving is an incredibly innovative way to live more sustainably, spark collaboration, and create tight-knit communities. Urban Campus has been at the forefront of this real estate trend, with our knack for designing intuitive coliving spaces across major European cities. For us, coliving spaces aren’t just about providing a roof over your head – it’s about nurturing a strong sense of togetherness and community. 

Let’s take a closer look at how to design coliving spaces that just feel right.

 

What Does Intuitive Design Mean in Coliving?

Crafting Intuitive Coliving Spaces: Lessons from Urban Campus 3

When we talk about intuitive design in coliving, we’re referring to spaces that people can naturally navigate and enjoy. These spaces should make daily life smoother, encouraging residents to connect and form new relationships. In order to meet the dynamic needs of young professionals, our coliving spaces always include: 

  • A blend of private and communal spaces
  • Advanced technology integration
  • Sustainability practices
  • Fully equipped & furnished spaces, completely move-in ready

We know that y​oung professionals today are looking for more than just a place to rest their heads; they seek environments that foster personal and professional growth. They value connectivity and the ability to network with like-minded individuals within their living space. The ease of having a fully furnished space is also unmatched for young professionals. We aim to remove all moving hassles and embrace total convenience, freeing our colivers to focus on their goals and interests. 

 

Design Process & Feasibility Study 

Crafting Intuitive Coliving Spaces: Lessons from Urban Campus 4

The design and construction—or refurbishment—of Urban Campus coliving spaces begins with meticulous planning and a strategic feasibility study. This crucial step assesses the potential of a site or building to meet our specific needs. We look at everything from architectural viability to design opportunities and environmental considerations. 

A feasibility study ensures two very important things. First, that every Urban Campus project is architecturally sound. Second, that our projects align properly with our commitment to creating sustainable, tech-enabled, and community-focused living environments. The final outcome is a detailed roadmap that guides the transformation of buildings into vibrant coliving communities rooted in innovation and inclusivity.

Key Components of our Feasibility Study: 

  • Architectural Viability: Ensures the structural integrity and potential of the building or site.
  • Design Opportunities: Identifies innovative ways to create functional, aesthetically pleasing spaces.
  • Environmental Impact: Assesses sustainability practices to minimize ecological footprint.
  • Technology Integration: Evaluates the potential for incorporating smart technologies for enhanced living experiences.
  • Community Engagement: Looks into creating spaces that foster connection and collaboration among residents.
  • Market Analysis: Determines the demand and viability of the coliving concept in the targeted area.
  • Financial Assessment: Projects costs, revenues, and overall economic feasibility of the venture.

 

Urban Campus: Setting the Bar for Intuitive Coliving

Crafting Intuitive Coliving Spaces: Lessons from Urban Campus 1

At Urban Campus, we are leading the charge in making coliving spaces that go the extra mile and foster a real sense of community. Our overall mission? To transform urban living into something more meaningful, community-oriented and fulfilling.

The Building Blocks of Urban Campus’ Intuitive Coliving Space

  • Community at the Core: Urban Campus designs common areas to foster community and connection. These include coworking spaces, lounges, kitchens, entertainment rooms, gyms, patios, rooftop terraces, and more! 
  • Your Own Space: Each private unit is its own sanctuary, equipped with smart storage and technology for convenience.
  • Green Living: Urban Campus is committed to sustainability, using energy-efficient fixtures, eco-friendly materials, and providing sustainability education to colivers. Our buildings often achieve certifications like BREEAM, Passivhaus, or carbon neutrality.
  • Smart Tech for Easy Living: Features include keyless entry and an Urban Campus community app for event sign-ups, clubs and networking.
  • Convenience Above Everything: Fully equipped spaces, from common areas to private units, with essentials provided. One all-inclusive monthly bill that covers rent, utilities, wifi, cleaning and more. Plus, we have a flexible 30-day cancellation policy for easy transitions. 

The Benefits of Coliving 

Coliving merges affordability, convenience, and community, offering an all-inclusive living solution with utilities, wifi, and furniture and more in one package. It fosters social connections and professional networking through shared spaces, making it an ideal living solution for digital nomads and urban professionals. 

 

The Bigger Picture: Community and Well-being

Crafting Intuitive Coliving Spaces: Lessons from Urban Campus 2

Intuitive design does more than make a space functional and attractive; it creates an environment where people can come together, forming a supportive community. This sense of belonging is crucial for mental well-being, helping to combat loneliness and build a network of support. Urban Campus coliving spaces are not just places to live; they’re places to grow, collaborate, and be inspired. 

Want to read more about Urban Campus? 

January 30th, 2024

  • Urban Campus is set to open La Maillerie, Lille Coliving in summer 2024.
  • This new construction venture is supported by Nhood (real estate provider) and Batipart (investor).
  • The La Maillerie coliving marks Urban Campus’ largest coliving project, with a total of 121 units.
  • The building features a unique design of shared cluster units in cozy, standard, or premium categories.

We are expanding in Lille! 

Urban Campus is thrilled to announce the continued progress of the La Maillerie Coliving venture in Lille, set to open in the summer of 2024. This innovative coliving development, in partnership with Nhood and Batipart, has been meticulously designed from the ground up to embody the essence of coliving. The building will offer 121 units, making it Urban Campus’ largest coliving space to date.

La Maillerie, Lille Coliving coming in summer 2024

 

Urban Campus La Maillerie, Lille Coliving 

The La Maillerie, Lille Coliving will have a distinctive design featuring cluster units. These units are crafted to balance private and communal living, offering residents their own private bedrooms alongside sleek, shared common areas. Also, future colivers will have the choice of cozy, standard, and premium living options. Each category offers different amenities and modern layouts. 

Urban Campus has always been committed to providing exceptional common spaces for community-building and connection. This project is no different, including state-of-the-art common zones like:

  • Coworking Space
  • Gym
  • Cinema Room
  • Event Space
  • Lounge
  • Shared Kitchen
  • Expansive Terraces
  • Patio

 

La Mallerie in Villeneuve-d’Ascq

La Maillerie, Lille Coliving coming in summer 2024!

La Maillerie is a historic district undergoing a vibrant transformation. It is nestled in the tranquil Villeneuve-d’Ascq region of Lille. This rapidly developing area is becoming a hub for professional opportunities, thanks to its proximity to the headquarters of major corporations like Auchan, Bonduelle, and Leroy Merlin

The area is also home to universities and specialized schools, including the prestigious EDHEC Business School Campus. This blend of industrial growth and educational excellence makes La Maillerie an ideal place for professional development and networking.

Additionally, the neighborhood is a haven for nature lovers and cultural enthusiasts. The region boasts extensive green spaces, including the Parc du Héron nature reserve. Furthermore, the culinary scene is vibrant, highlighted by the internationally recognized Les Halles Biltoki food market. This renowned market is a central spot in the neighborhood, and is conveniently located less than 5 minutes from our new coliving. 

La Maillerie is ideally situated at the crossroads of the Croix and Villeneuve-d’Ascq areas, offering a perfect blend of local charm and convenience. The location also provides access to the lively city center of Lille. 

 

Urban Campus: Expanding and Growing

La Maillerie, Lille Coliving coming in summer 2024!

The launch of La Maillerie is a significant milestone in the ongoing expansion and growth of Urban Campus. Our vision is to revolutionize the concept of urban living, and this venture is a leap forward in that direction.

Above all, we are dedicated to creating innovative living spaces that adapt to the evolving needs of the modern world. This new venture is a pivotal step in our mission to broaden our reach across France. It is a symbol of our growing commitment to enhancing urban life through innovative living solutions.

Explore more: 

 

Photo Credits:

Have you ever tried kombucha? 

Kombucha is quickly becoming a sensation worldwide. Imagine a refreshing, fermented drink that not only tastes delicious but also offers unique health benefits. Crafted from a blend of tea, yeast, and sugar, Kombucha’s magic ingredient is the “SCOBY” – a symbiotic culture of bacteria and yeast. This bacteria turns kombucha into a drink that is, in fact, alive

While the concept of a ‘living’ beverage might seem unusual, Kombucha’s fusion of deliciousness and wellness is something you need to experience. Trust us on this one; you’ve got to try it.   

We are excited to not only jump into the fascinating world of Kombucha, but to also share the inspiring story of one of our Urban Campus colivers. Get ready to meet an inspiring entrepreneur who transformed his affinity for Kombucha into a booming business and one-of-a-kind brand. 

 

Meet Raul de Frutos: Co-CEO and Co-founder at Viver Kombucha 

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

Raul de Frutos is a coliver in our UC Atocha, Madrid Coliving and is the Co-CEO and Co-founder of Viver Kombucha. It is nearly impossible to describe Raul in just a few words, but if we had to, it would go something like this: fervently passionate, curious, and downright inspiring. Raul co-founded and runs Viver Kombucha, the #1 fastest growing kombucha brand in Spain in 2023. 

But how did Viver Kombucha come to be? Let’s rewind.

Originally from Cádiz, Spain, Raul moved to Madrid to study Industrial Engineering at the Univerisdad Politécnica de Madrid. It was there where he met Fernando, who would later become his future business partner. During their final year of university, they both decided to go to the United States to complete their degrees in Chicago. Having always been drawn to adventure, Raul loved the challenge of living in a foreign country and exploring the many cultural differences. 

The most important thing Raul did in the US? Drink kombucha. He cited himself as a total kombucha addict during this time, and also witnessed the rapid growth in the drinks popularity. Raul stayed in Chicago for 5 years after graduation, working principally with startups and gaining tons of professional experience. But in the back of his mind, he always had the idea of popularizing Kombucha in Spain. 

 

The start of Viver Kombucha

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

Following their five-year stint in Chicago, Raul and Fernando both moved back to Spain with the plan to launch their very own Kombucha venture. They used their savings from the US to establish a dedicated Kombucha factory in Granada. This endeavor involved months of meticulous effort, especially when it came to refining the art of Kombucha brewing on a large scale. 

“We thought we knew how to make Kombucha, but once you start making it at scale it’s completely different. Kombucha is a really wild product and we had many things to learn. We actually went to California to learn from the Kombucha gurus there, and did a lot of consulting and revisions of our process.”

Mastering the kombucha-making process

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

If you’re curious how Kombucha is brewed, here’s a quick overview of the process. 

  • Brew sweet tea as the base.
  • Add sugar and a SCOBY (Symbiotic Culture Of Bacteria and Yeast) to the tea.
  • The SCOBY eats the sugar, converting it into beneficial acids and probiotics.
  • Let the mixture ferment for about 3-4 weeks.
  • Add organic fruits for flavoring.
  • Allow another week of fermentation to infuse the flavors.
  • Bottle the kombucha.
  • Kombucha is not pasteurized in order to preserve the beneficial bacteria. Therefore, it should be kept refrigerated after production to maintain its quality and health benefits.

Building from scratch

Initially, Raul and Fernando did everything themselves, including hand-labeling every Kombucha bottle. They started with just one single flavor, ginger and turmeric, and went door-to-door asking stores in Granada to stock their product.

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

Despite initial skepticism from friends and family, their efforts paid off. They sold their first bottle in March 2020, and sales quickly increased. In the early days, Viver Kombucha was only available in herbalists and specialty health food stores. Present day, it’s sold in over 4,000 stores across Spain, including major retailers like El Cortes Ingles and Carrefour. The company has expanded to a team of 20 and is also beginning to enter other European markets. Above all, their commitment to selling healthy products remains stronger than ever. 

“The market is full of drinks that are not healthy for people…I think it’s important that people have healthier options. Working on a product that is good for people really motivates us.” 

 

Raul & Urban Campus

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

Raul’s entrepreneurial spirit is fully engaged in leading Viver Kombucha alongside Fernando, where he’s ambitiously expanding the brand to include a variety of fermented and healthful beverages. His vision is far-reaching, seeing kombucha as merely the first step in a larger journey.

Beyond the professional realm, Raul thrives on adventure and excitement. This is evident in his love for travel and socializing, coupled with a strong passion for fitness. He even completed an Ironman in Hawaii while residing in the US!

Passionate about meeting new people, Raul has always found great value in residing with roommates or in shared spaces. This preference led him to Urban Campus, attracted by the prospect of a vibrant, shared community. Since he works from home, Raul cherishes the ability to step out of his private space and spontaneously engage with fellow residents in common areas. Whether coworking together, hitting the gym or going to community pizza nights, the ease of connecting with other colivers in Urban Campus is priceless for him. Plus, the convenience and flexibility offered by Urban Campus is a great bonus for his busy lifestyle as a business owner. 

Want to try Viver Kombucha for yourself? 

  • Check out all their different packs and flavors!
  • Psst…UC members! Check out your UC Member perks for a special discount code.

Meet Raul de Frutos: Co Founder & Co CEO at Viver Kombucha

Are you considering coworking or coliving, or are you just curious about the evolving landscape of shared spaces? 

This article is your go-to guide! 

Coworking and coliving are emerging as the next big thing in real estate trends, with the global coworking market anticipated to grow significantly from $9.2 billion registered in 2022 to $34.5 billion by 2032, expanding at an alarming compounded annual growth rate (CAGR) of 14.6%, as per Allied Market Research. Concurrently, other studies also project exponential growth for the coliving market. 

In this coverage, we will unravel the dynamics of these transformative trends, providing insights, perspectives, and a glimpse into the exciting future of collaborative living and working. 

Explore expert financial guidance with Stephen Blake as we delve into these transformative realms. Stephen’s expertise, showcased in this collaborative blog post, offers invaluable perspectives. Let’s dive right in!

 

The Rise of Coliving and Coworking

Navigating Real Estate Trends in Coliving and Coworking Spaces - with Stephen Blake

Coliving and coworking have experienced a remarkable surge in popularity as real estate trends, capturing the essence of the evolving global work and living dynamics. Today, there are over 5 million coworkers worldwide, and this number is expected to experience even more significant growth. 

As already seen, the report by Allied Market Research projects a substantial annual growth rate of 14.6%, aligning closely with the 13% projection by Team Stage. Notably, the embrace of co-shared workspaces is evident among SMEs, with 37.93% utilizing these collaborative environments.

In this thriving ecosystem, the appeal of coworking extends beyond mere statistics. 84% of coworkers express heightened engagement and motivation when working alongside their peers. This statistic underscores the anticipation of further expansion in coworking, where collaborative environments foster creativity, productivity, and even better mental health. 

Meanwhile, in the realm of coliving, the chronic housing shortage we’re currently facing is expected to intensify in the coming years. Projections indicate that 9% of the global population will reside in 42 mega cities by 2030, with two-thirds expected to inhabit metro areas by 2050. 

Coliving consultant Leah Zilliac commented on these numbers, stating, “There simply isn’t enough housing to match these numbers. Coliving will (and must) play a role in helping to meet these demands in the future.” 

In other words, as we explore the landscapes of coliving and coworking, it becomes evident that these innovative models are not merely trends but integral solutions shaping the future of work and living.

 

Importance of Adapting to Modern Work and Lifestyle Trends

Navigating Real Estate Trends in Coliving and Coworking Spaces - with Stephen Blake 1

A lot has changed over the years in how we approach work and lifestyle. Thanks to population growth, technology, increased knowledge, and other triggers of change, almost all spheres of life have been affected by the wave of transformation, and this includes the commercial real estate landscape. 

For instance, gone are the days when a homebuyer had to attend countless in-person meetings to negotiate on a few elements when buying a house. Nowadays, remote buying of real estate has taken over, and that’s just one of the many palpable changes we’re witnessing in the housing market.

Coliving and coworking are other transformative trends, underscoring the inevitability of the changes happening in our current world.

But then, what is the importance of adapting to modern work and lifestyle practices, you may ask?

Well, here are some benefits:

  • Flexibility and Autonomy: Modern trends in work and lifestyle offer unprecedented flexibility. The shift to remote work allows individuals to structure their workdays in a way that suits them best, fostering a sense of autonomy.
  • Global Connectivity: The influence of technology has shattered geographical barriers. Coliving and coworking spaces provide a platform for global connectivity, enabling professionals to collaborate and connect across borders.
  • Economic Considerations: Embracing modern work and lifestyle trends can be economically advantageous. Remote work reduces the need for extensive office space, leading to cost savings for businesses. Similarly, coliving arrangements often offer more affordable living options than traditional housing.
  • Wellness and Community: There’s an increasing recognition of the importance of wellness in the workplace. Coliving spaces are designed with community and well-being in mind, providing shared amenities and communal areas that contribute to a holistic living experience.
  • Work-Life Integration: Modern trends encourage a seamless integration of work and life. The distinction between professional and personal spheres is becoming less rigid, allowing for a more balanced and harmonious lifestyle.

In essence, the changing dynamics of work and lifestyle underscore the need to adapt to modern real estate trends. Remote work, remote real estate transactions, coliving, and coworking are not just trends; they represent a paradigm shift that emphasizes flexibility, connectivity, and a holistic approach to life and work. As we navigate this transformative era, embracing these trends becomes not only beneficial but essential for thriving in the evolving landscape.

 

Coliving Trends

In recent years, coliving has witnessed a remarkable surge in popularity as societal and work dynamics undergo a transformative shift. Individuals are increasingly drawn to the concept of shared living that extends beyond traditional accommodation models. This trend is driven by a desire for community, flexibility, and enhanced social interaction.

The Concept of Coliving

Coliving represents a departure from conventional housing arrangements, emphasizing not just shared physical spaces but the cultivation of a vibrant and supportive community. 

It is a holistic approach to living that caters to a diverse demographic, offering an experiential lifestyle beyond mere cohabitation. Residents actively engage in communal activities, fostering a sense of belonging and shared purpose and finding a way to work around the escalating home prices.  

The concept aligns with the evolving preferences of a generation seeking meaningful connections and collaborative living experiences.

Demand for Coliving Spaces

The escalating demand for coliving spaces reflects a cultural shift in housing preferences. The mobile workforce, in particular, finds appeal in the flexibility and convenience offered by coliving arrangements. 

Millennials, as per LinkedIn, were initially the main driving force behind these real estate trends, owing to the social dynamics and cost-effectiveness inherent in shared living. However, demographics have shifted with time, with 2023 stats now showing older adults, including baby boomers and retirees, embracing the coliving arrangement. 

The integration of workspaces within coliving environments adds an extra layer of attractiveness, aligning with contemporary expectations of seamless work-life integration.

Key Features of Successful Coliving Spaces

Successful coliving spaces exhibit distinct features that contribute to their popularity and functionality:

  • Community-Centric Design: Thoughtfully crafted spaces that encourage social interaction through shared kitchens, lounges, and recreational areas. Design elements promote spontaneous connections among residents, fostering a sense of belonging.
  • Flexibility in Leasing: Offering short-term leases provides residents the freedom to adapt to changing circumstances. This flexibility aligns with the dynamic nature of modern lifestyles, catering to a diverse demographic, including digital nomads and short-term project-based workers.
  • Integrated Workspaces: Recognizing the importance of work-life balance, successful coliving spaces incorporate dedicated workspaces. These areas are equipped with amenities like high-speed internet and comfortable seating, creating a conducive environment for remote work.
  • Amenities and Shared Resources: Beyond individual living units, coliving spaces provide communal amenities such as fitness centers, coworking spaces, and laundry facilities. Shared resources, including utilities and internet, contribute to cost-effectiveness for residents.
  • Conflict Resolution Protocols: Conflicts are inevitable no matter who’s around us, so clear guidelines and mechanisms for conflict resolution are crucial for maintaining a harmonious living environment. Establishing transparent communication channels and addressing issues promptly contribute to the overall well-being of the community.
  • Cultural and Lifestyle Programming: Successful coliving spaces often curate cultural and lifestyle events. These can include workshops, social gatherings, and skill-sharing sessions, enhancing the overall experience and fostering a sense of community engagement.
  • Environmental Sustainability: A growing focus on sustainability is observed in successful coliving spaces. Incorporating eco-friendly practices, such as solar power, energy-efficient appliances, and waste reduction initiatives, resonates with environmentally conscious residents.

These features collectively define the success of coliving spaces, creating environments that not only meet the functional needs of residents but also contribute to a thriving and interconnected community.

 

Coworking Trends

The evolution of workspace dynamics has brought forth significant real estate trends in the coworking landscape. As professionals seek flexible and collaborative environments, coworking spaces have adapted to meet these changing needs. 

The Concept of Coworking

Coworking revolutionizes traditional office setups by providing shared workspaces that foster collaboration and flexibility. It goes beyond mere physical spaces, emphasizing a community-driven approach where diverse professionals coexist, share ideas, and collaborate. 

The benefits of coworking extend beyond a desk; it’s a dynamic environment that caters to freelancers, entrepreneurs, and remote workers, offering an alternative to traditional office settings. 

This shared space not only provides a cost-effective and adaptable work environment but also creates a vibrant community where the benefits of coworking, such as networking opportunities and shared resources, become integral to professional growth and a fulfilling work experience.

Growth of the Coworking Industry

The coworking industry has experienced exponential growth since 2010, impacting property management, driven by the rise of the gig economy, remote work trends, and a shift in professional preferences.

This flexible workspace solution has become a mainstream choice for individuals and businesses seeking cost-effective, adaptable, and community-oriented work environments. The industry’s trajectory signals a fundamental change in how people approach workspaces.

Essential Elements of Coworking Spaces

Successful coworking spaces exhibit key elements that contribute to their popularity and functionality. Some of these common trends include:

  • Flexible Workspaces: Coworking spaces include adaptable layouts that cater to diverse work styles, providing open areas for collaboration, private offices for focused work, and communal zones for informal discussions.
  • Community Atmosphere: Fostering a sense of community through networking events, skill-sharing workshops, and shared spaces that encourage spontaneous interaction. Coworking spaces often have community managers to facilitate connections among members.
  • Technology Integration: Equipping spaces with cutting-edge technology, including high-speed internet, video conferencing facilities, and smart office solutions. This enables seamless collaboration and connectivity for remote workers.
  • Amenities and Services: Offering amenities such as well-equipped coffee bars, comfortable lounges, and concierge services. Some coworking spaces even provide fitness facilities and wellness programs to enhance the overall work experience.
  • Accessibility: Convenient locations with easy access to public transportation, parking, and essential services. Proximity to restaurants, cafes, and other amenities contributes to the convenience of coworking spaces.
  • Customization Options: Allowing members to personalize their workspaces with adjustable desks, ergonomic furniture, and even branding opportunities. This creates a sense of ownership and comfort, enhancing the overall work environment.
  • Networking Opportunities: Facilitating networking through organized events, industry-specific meetups, and online platforms. Coworking spaces often have dedicated spaces for networking, encouraging collaboration and professional growth.
  • Sustainability Practices: Incorporating eco-friendly initiatives, such as energy-efficient lighting, recycling programs, and sustainable materials in construction. This commitment to sustainability aligns with the environmental consciousness of many professionals.

These essential elements collectively contribute to the success of coworking spaces, creating environments that not only meet the practical needs of professionals but also nurture a collaborative and vibrant community.

 

Conclusion

In our evolving world, coliving and coworking are the surging real estate trends in the market. Over 5 million people globally are coworking, with a projected 14.6% annual growth. Coliving addresses an impending housing shortage by 2030. Adapting to modern work trends is crucial, offering flexibility, global connections, and greater affordability. Remote work and shared spaces redefine our work-life approach. Coliving fosters wellness, while coworking emphasizes community and collaboration, benefitting freelancers, entrepreneurs, and remote workers. Embracing these trends is essential for a more dynamic and interconnected future.

Recently, I had the opportunity to discuss the evolving concept of coliving on the French podcast “Being Useful” by SudRadio. This platform allowed me to delve into the benefits of shared living, and why coliving is a practical and innovative solution in today’s modern society. 

 

What is Shared Living? 

The Benefits of Shared Living - Why is Coliving Useful?

Generally speaking, shared living is an innovative approach to housing that redefines the traditional concept of a home. It involves individuals living together in a shared space, where they not only share the physical space but also experiences, resources, and often values. 

There are many different types of shared living. Coliving has become one of the most popular in recent years. In coliving spaces, residents have access to areas like common kitchens, lounges, cinema rooms and coworking spaces. These spaces facilitate a blend of private and communal living. It’s a concept that taps into the sharing economy, aiming to make housing more affordable and socially enriching.

 

The Benefits of Shared Living 

The Benefits of Shared Living - Why is Coliving Useful?

During the pandemic, confined largely to my home, the benefits of shared living became abundantly clear to me. I envisioned what I desired in a future living space. This included a dedicated area for remote work, an outdoor area for gardening and fresh air, a gym for exercise, and a well-equipped kitchen for cooking. In a city like Paris, where real estate is incredibly costly, owning such amenities individually is nearly unfeasible.

Shared Resources for Collective Value

Coliving offers a sustainable solution by offering shared high-quality spaces. You have access to spaces like fitness centers, coworking areas, movie theaters, and rooftop terraces, all while still having your own private room, studio or apartment. Coliving makes luxury living accessible and affordable. It provides far more amenities and space than available in a traditional rental for the same cost. 

Redefining Housing and Space Utilization

Coliving is not just about sharing space; it’s about rethinking our relationship with private and communal areas. It’s the application of the sharing economy to residential living. In coliving spaces, every square meter is optimized for maximum utility. Areas typically underutilized in conventional buildings, like basements and attics, are transformed into vibrant common areas, games rooms, or gyms. This approach redistributes the value of space, creating communal areas for maximum value and enjoyment. 

Enhancing the Rental Experience

The traditional rental process in large cities can be daunting and impersonal. Coliving simplifies this with a paperless, efficient booking system. At Urban Campus, our platform facilitates everything from safe payments to community event subscriptions, offering a transparent and seamless living experience. This convenience is a primary reason why individuals opt for coliving.

Not to mention, all of our Urban Campus coliving spaces come completely equipped and furnished. Our units are move-in ready from the first day of your booking, right down to forks, knives and spoons. Plus, additional services like utilities, cleaning, wifi, laundry, and Netflix are all included in the price of your monthly rent, making the coliving experience even more convenient. 

Combating Loneliness and Fostering Community

In major cities, loneliness is an increasing concern, with many households comprising single individuals or childless couples. Coliving addresses this issue by designing spaces that promote interaction and human connection, countering the isolation typically found in big cities. 

Our Urban Campus coliving spaces have demonstrated the profound benefits of shared living, from inspiring new friendships to sparking entrepreneurial ventures. The emphasis on community building, mutual support, and personal growth creates a living environment where over 95% of our residents have reported feeling happier and less lonely.

Ultimately, coliving is about re-learning to live together, embracing the African proverb, “If you want to go fast, go alone, if you want to go far, go together.” It’s a journey towards a more connected, fulfilling, and sustainable way of living.

Explore more about Urban Campus coliving spaces: 

Are you curious about the benefits of coliving? 

In today’s fast-paced and interconnected world, the way we live and work is transforming. Enter coliving – a concept that redefines traditional living arrangements, offering a blend of community, convenience, and flexibility. Let’s explore the benefits of coliving and how it can enhance living experiences. 

 

What is Coliving?

The Benefits of Coliving: A New Era in Urban Living

Coliving is a modern form of communal living that goes beyond the mere shared housing. It’s an urban-centric accommodation solution, ideal for people new to a city, seeking an easy housing option, or looking for meaningful community. 

Coliving spaces are typically fully-furnished and integrate extensive common areas like coworking spaces, terraces, and gyms, promoting a blend of privacy and community living. Plus, they offer intetional communities of like-minded people.

 

Brief History of Coliving

The Benefits of Coliving: A New Era in Urban Living

The concept of coliving, akin to ‘coworking’, originated in Silicon Valley, a hub for young professionals and entrepreneurs. It evolved as a response to the unaffordable housing options in bustling urban centers. Initially, it was seen as a university residence for working professionals, but it has since expanded globally, adapting to diverse urban needs and lifestyles. Now, the benefits of coliving for a variety of different demographics are widely recognized. 

 

Key Benefits of Coliving

The Benefits of Coliving: A New Era in Urban Living

  • Combatting Isolation: Coliving offers an environment where residents can connect with like-minded individuals, reducing feelings of loneliness and enhancing social interactions.
  • All-Inclusive Living: Coliving spaces often include all essentials like utilities, Wi-Fi, and furniture, simplifying living arrangements and reducing the hassle of managing separate bills.
  • Flexible and Affordable Housing: Coliving provides a cost-effective solution for housing in expensive urban areas, with flexible contracts and a range of accommodation options.
  • Community and Networking: Coliving spaces foster a sense of community, encouraging collaboration, professional networking, and social activities among residents.
  • Innovative Living Spaces: Modern coliving spaces are designed with a focus on fostering social interaction and providing comfortable, functional living areas. Most colivings include common spaces like coworking areas, shared kitchens, cinema rooms, living rooms, patios, terraces and more. These can be especially useful for digital nomads or people who work remotely. 

 

Coliving with Urban Campus

The Benefits of Coliving: A New Era in Urban Living

Urban Campus is leading the way in the coliving movement, providing premium living spaces in pivotal urban areas. At the heart of Urban Campus is a commitment to fostering a supportive community. We strive to create environments where residents feel a sense of belonging and happiness, reducing overall feelings of loneliness. 

Urban Campus coliving spaces are vibrant hubs, hosting a variety of social events each month to strengthen community bonds and friendships. Our spaces are a unique melting pot, blending locals with individuals from around the globe. We cater specifically to young professionals, which has translated into a highly entrepreneurial and creative communities. 

Additionally, there are a variety of communal areas and private living spaces to enjoy. Each of our coliving spaces offers a range of private rooms and studios to choose from. You’ll also find our signature common zones in all Urban Campus coliving spaces, which typically include: 

  • Coworking space
  • Gym
  • Cinema Room
  • Living Room
  • Shared kitchen 
  • Patio
  • Terrace 

Above all, Urban Campus offers flexibility and ease. We only require a 30-day notice for lease cancellations, providing residents with the freedom to adapt as their needs change. All of our spaces come fully furnished and equipped. Plus, the booking and application process is streamlined and completed entirely online.

Check out our dynamic coliving spaces here. 

Coliving vs Cohousing – what’s the difference? 

Coliving and Cohousing are two contemporary living arrangements that are often confused, but they cater to different lifestyles and preferences. Both modern concepts present unique approaches to communal living. Understanding the differences between coliving vs cohousing can help you in making an informed decision about which type of community living best suits your lifestyle.

 

Coliving: A Community-Oriented Urban Lifestyle

Coliving vs Cohousing: What's the difference?

Coliving provides an urban-centric accommodation solution, ideal for newcomers to a city or those seeking an easy housing option. It simplifies the process of finding a place to live, especially in urban environments. Coliving spaces typically offer fully-furnished private rooms or studios, along with extensive common areas such as coworking spaces, terraces, and gyms.

Booking and Convenience

The booking process in coliving is usually streamlined and online, making it efficient and transparent. This contrasts traditional leasing, which often involves cumbersome paperwork and high deposits. Coliving also mitigates issues like acquiring furniture or dealing with fluctuating utility costs. This makes the move in process seamless and easy. 

Designed for Interaction and Convenience

Coliving spaces are architecturally designed to encourage interaction among residents. They provide well-thought-out shared spaces, fostering a sense of community. Residents enjoy the privacy of their own rooms, often with private bathrooms, while also having access to communal living rooms, gyms, and workspaces.

Integrated Services

Colivings often include additional services like weekly professional cleaning, laundry and various perks and discounts. This approach aims to reduce the hassle of daily chores, enabling residents to remain stress-free and focus on their personal and professional lives. It also improves affordability as all services are often combined into one single bill. 

Intentional Community Building

A significant aspect of coliving is the emphasis on community. Often, the selection of residents is based on complementary profiles to facilitate a harmonious living environment. This creates opportunities for social interaction, professional networking, and cultural exchange. Coliving typically targets younger demographics, often including young professionals. 

Length of Stay & Flexibility

In coliving spaces, the concept of flexibility is deeply ingrained, especially concerning the length of stay. Unlike traditional leases, coliving contracts may span from a few weeks to several months, or even more than a year. This all depends on the provider’s policies and the tenant’s requirements. This flexible nature allows tenants to adjust their living situations without the long-term commitment often demanded by conventional landlords. 

At Urban Campus, we embrace a highly flexible policy concerning length of stay. For lease terminations, we only require a 30-day notice period.

 

Cohousing: A Collaborative Approach to Shared Living

Coliving vs Cohousing: What's the difference?

Cohousing, on the other hand, leans towards a more suburban or rural setting. It typically consists of privately-owned housing units clustered around shared spaces. Residents often self-organize and manage cohousing communities, collaboratively planning and running the community.

Shared Spaces and Mutual Responsibility

Cohousing communities feature common facilities like kitchens, dining areas, and recreational spaces. These shared resources foster a strong sense of community. Residents participate in the management and maintenance of these amenities, promoting a collaborative environment.

Privacy with Community Engagement

While offering private living spaces, cohousing encourages community interactions through shared meals, activities, and decision-making processes. It combines personal privacy with collective living, making it suitable for families and individuals who value community involvement in addition to having their own private space.  

Sustainable and Inclusive

Cohousing often focuses on sustainability, with shared resources reducing individual consumption. Communities are inclusive and diverse, welcoming people from various backgrounds and fostering a supportive environment.

 

Differences between Coliving vs Cohousing

Coliving vs Cohousing: What's the difference?

Here are some of the key differences between coliving vs cohousing.

  • Location and Structure: Coliving is more prevalent in urban areas with fully furnished spaces, while cohousing is often found in suburban or rural areas with individual housing units. Both emphasize high property quality. 
  • Management: Coliving is typically managed by a company, offering services like cleaning and maintenance, whereas cohousing is self-managed by residents.
  • Community Involvement: Cohousing requires more democratic participation in community life, while coliving provides a ready-made community with less formal obligation and more freedom.
  • Privacy and Sharing: Coliving offers more privacy in living quarters with shared amenities, while cohousing balances private homes with communal responsibilities.

 

Coliving at Urban Campus

Coliving vs Cohousing: What's the difference?

Urban Campus, established in 2016, specializes in crafting exceptional coliving environments in France and Spain, tailored for the modern young professional. Here’s an overview of what sets our spaces apart:

  • Adaptable Lease Terms: Our leasing policy is designed with your convenience in mind, requiring just a 30-day notice for any lease modifications or terminations. This ensures maximum adaptability for our colivers.
  • Community for the Long Haul: Colivers typically stay with us for 12 months, allowing for the nurturing of deep, enduring connections and friendships within our community.
  • Convenience: Living at Urban Campus is a stress-free experience. All of our private and shared spaces come fully-furnished and equipped. Additionally, all of your essentials are included in the cost of rent: utilities, Wi-Fi, cleaning services, laundry and more. This means one consolidated monthly payment covers all your living needs. 
  • Easy Application: Experience the ease of our digital-first approach with a straightforward and smooth online application process.
  • Engaging Community Life: We pride ourselves on fostering a lively community atmosphere, enriched by a variety of monthly events. These events include everything from language exchanges and craft beer tastings to competitive sports tournaments, all contributing to an energetic and united community spirit.

Explore our dynamic coliving spaces here.