Wednesday, May 29, 2019

The Collective - a "Coliving" Concept - Coming to 633 S. LaSalle Street

Looks like the Sloop is getting some more rentals (via curbed):
Three short blocks away, London-based “coliving” company The Collective is looking to replace the parking lot at 633 S. LaSalle Street with a 17-story project along Printer’s Row.

An increasingly popular housing option, the coliving concept offers residents a more affordable entry point in a neighborhood by providing smaller, fully furnished private bedrooms and shared common spaces. A single payment from the tenant covers rent, utilities, furniture, and even linen service.

A South Loop coliving development recently opened at nearby 30 E. Balbo Drive. The concept is also being tried out in Chicago’s Logan Square and University Village neighborhoods.

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