Reimagining student housing with co-living

WeLive. Ollie. Common.

Co-living is on the rise in major cities — and for good reason. Co-living provides an elevated community housing experience, often tied with superior amenities and facilities.

Co-living is often compared to dormitory/student housing, which many first-year undergraduates experience while living on their college campuses. But what are one’s options after that first year? Typically, undergrad students move off-campus to independent housing/apartments, missing out on the many benefits of dormitory/co-living.

Next Gen would like to reinvent the housing experience for students, providing an elevated physical, digital, and emotional alternative that enhances the collegiate experience.

Key areas/problems to consider:
-What current models are working well from a brand perspective? Which from a business perspective?
-What are the top aspects of current co-living opportunities?
-What do students actually want from a housing facility?
-What does the business model of a co-living company look like?
-What do the economics behind launching a co-living facility look like?
-In what cities/near what campuses would a model like this be most likely to succeed? Why?