Co-living can be broadly described as self contained market housing with shared communal amenities. Co-living accommodations are high-quality, purpose built, professionally managed buildings that create a shared living experience through the provision of well-designed spaces and a sense of community. The Draft New London Plan acknowledges that large-scale purpose-built shared living (co-living) developments may have a role in meeting the housing needs in London.
Please see below a comparison of co-living to other accommodation:
| Flat share | Hostels | Serviced apartments | Seniors housing | Student housing | Co-living | |
|---|---|---|---|---|---|---|
| Flexible lease term with minimum commitment | ✗ | ✗ | ✓ | ✗ | ✗ | ✓ |
| Community programming | ✗ | ✗ | ✗ | ✓ | ✗ | ✓ |
| Open to any age / demographic | ✓ | ✓ | ✓ | ✗ | ✗ | ✓ |
| Hassle-free living solution including furnishing and all-inclusive billing | ✗ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Shared living space | ✓ | ✓ | ✗ | ✓ | ✓ | ✓ |
Sketch image of proposed co-living amenity space
Sketch image of proposed co-living entrance
Sketch image of proposed co-living kitchen