Common Co-Living Lands In Miami

First came coworking, now comes co-living.

In this emerging format of multifamily development, residents have their own private rooms but share kitchens and other areas; it is related to a dorm or hostel, but with stylish furniture, group yoga classes and rents commensurate with an upscale experience. Common, a New York-based company that operates 20 co-living sites in major cities, is expanding into Miami with two brand-new developments in Little Havana that will open in 2020. Expanding into South Florida — and Miami in particular — has been on our minds at Common since we started in 2015 because of the thriving economy, budding tech sector and contagious local culture," Common CEO Brad Hargreaves told Bisnow. "It's clear to me, however, that like most cities in the U.S., it's becoming harder for professionals to afford apartments there. That's where we come in."

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