Into the Valley
The Future of Housing May Be $2,000 Dorm Rooms for Grownups
Some have doubts
This article is part of Into the Valley, a feature series from OneZero about Silicon Valley, the people who live there, and the technology they create.
One of the most ambitious real estate projects in Silicon Valley is just getting off the ground in San Jose, on the 100 block of Bassett Street. As early as 2021, a massive, 803-bedroom high-rise apartment building will sit here, not far from the city’s major rail and transit hub. Most importantly, the building will be located a couple miles from a soon-to-come Google campus, which will have twice the office space of the Empire State Building and support 25,000 employees.
When completed, the building will look just like any other apartment complex from the outside. But inside, there will be one key difference: Every resident will get one bedroom to call their own, and that’s it. The kitchens, the bathrooms, the living rooms — really anything that might be considered a common area — will be shared between strangers. According to Jon Dishotsky, the CEO behind the construction, this co-living project represents the best way to create affordable housing in the most expensive place to live in the U.S.
