The Collective announces a new Williamsburg co-living location with student housing included

Posted On Wed, December 18, 2019 By

Posted On Wed, December 18, 2019 By In Williamsburg

Renderings by Scuares, courtesy of The Collective

The Collective is wrapping up a busy year with news of its latest co-living development at 292 North 8th Street in Williamsburg. Stonehill Taylor will design a 100,000-square-foot building comprised of 224 studios. Ninety-seven of those are to be set aside for students, and the remaining 127 rooms will be geared toward nightly and monthly stays. The North 8th Street location is one of three now underway in Brooklyn. A forthcoming flagship location is in the works at 555 Broadway in South Williamsburg, and a Sou Fujimoto-designed building will soon take shape at the site of the former Slave Theater in Bed-Stuy. All three Brooklyn locations are set to open in 2022.

Renderings by Scuares, courtesy of The Collective

The architects will partner with interior design firm One Union Studio on the design of the public spaces, which will include a student lounge, classrooms, an outdoor courtyard, and a whole floor dedicated to fitness and wellness. The Collective is becoming known for its programming—which is always open to the public in addition to members—and this location expects to see a robust lineup of seminars and lectures, fitting to the university theme.

“In keeping with The Collective’s mission of fostering cultural exchange, learning and human connection, we believe that North 8th will be the first project of its kind for New York City,” said founder and CEO. “It will bring a community of all ages together in one holistic environment, designed to promote an intergenerational exchange of knowledge through shared amenities and dynamic programming.”

Renderings by Scuares, courtesy of The Collective

The project is anticipated to cost $150 million, though it’s not clear how much the company spent on the site. Previously, an entity related to developer Kamali Organization bought the existing factory for $20.7 million in 2016 and soon after announced plans to co-develop the property with Macro Sea, according to The Real Deal. Their proposal envisioned an 11-story student dormitory with retail on the ground floor. The architect of record listed for that project was also Stonehill Taylor.

In November, The Collective opened its first U.S. location at the former Paper Factory Hotel in Long Island City where nightly rates start from $135 and month-long stays run $2,300. To date, they’ve raised $1 billion and have set a goal of creating 100,000 units across various international locations by 2025.

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