Spaces Property Group plans co-living tower in Southwark
Spaces Property Group plans to construct a 14-storey coliving tower at 74 Long Lane in Southwark, southeast London, according to proposals released by the firm last week. The building will include about 220 bedrooms, as well as shared amentities including kitchens, lounges and laundries. Spaces said that the building responds to the rising costs of the traditional rental market, particularly for young professionals that work and socialise in the city centre. The company added: "coliving unlocks social amenity value through openness, sharing and collaboration". Make architects will design the building.

A 14-storey tower featuring 'coliving' accommodation with private bedrooms and communal amenities has been proposed for a site in Long Lane.

Spaces Property Group this weekend unveiled its proposals for the former Selected Rug Company building on Long Lane, between Pilgrimage Street and Southall Place.

The firm has enlisted Make architects to design the 14-storey building which will include around 220 bedrooms as well as shared amenities such as kitchens, lounges and laundries.

Spaces claims that "coliving unlocks social amenity value through openness, sharing and collaboration".

It adds that "responding to the rising costs of the traditional rental market, coliving is growing in London and the world’s major cities, allowing young professionals to live in the heart of the cities they work and socialise in".

Spaces Property Group is run by entrepreneur Shazz Bhunnoo who rents out a portfolio of serviced apartments in SE1 under the 'Spaces Urban Living' and 'Spaces Short Stays' brands.

The existing building at 74 Long Lane was recently used by CoLab Theatre for its immersive production Hunted. Armed police rushed to the building after neighbours reported gunfire.

More details of the proposals can be found at http://74longlane.com