The WeWork WeLive space is an experiment that can revolutionize the way people think of living -- alone or together. Although communal living is not a new concept, it's not one often seen in big metropolises. The WeWork WeLive experiment starts with New York city, in Manhattan's Financial District near the New York Stock Exchange specifically.
It takes over an entire 20 storey office building, converting each room into a liveable space complete with rec rooms, laundry, kitchens and more. "We’re not just going to give them the best price, which we will," says WeWork CEO Adam Neumann. "And we’re not going to just give them flexibility, which we will. But we’re going to give them a social layer of community that has never existed before."
Key Themes Behind This Trend
- Communal Living
- Exploring the potential for communal living in big metropolises through innovative shared living spaces like WeWork WeLive.
- Shared Workspaces
- Recognizing the demand for flexible workspaces that can easily transition into living spaces, creating a new ecosystem for professionals.
- Enhanced Community Experience
- Developing social platforms and amenities that foster a strong sense of community, enabling residents to connect and interact in meaningful ways.
Where This Applies
- Real Estate
- Leveraging underutilized office buildings for shared living spaces, creating significant value and new revenue streams.
- Hospitality
- Integrating hospitality and communal living concepts to provide a unique and flexible living experience.
- Technology
- Developing innovative solutions, such as community-building platforms and smart systems, to enhance the overall living experience for residents.
