Multi-use towers are becoming vogue with all generations

Multi-UseDALLAS: Students working in a university’s new building will share the space with commercial tenants.

An architect has redesigned a 15-storey tower as a multi-use building with residential and workspaces, in a step away from what it calls an outdated idea of single-use buildings.

The renovated building will have 185 short-stay apartments targeted at workers in creative industries and will also provide associated workspaces for them to use during the day. Even the funding is smarter – developer Prodigy Network has raised $30 million by crowd funding, with the remaining $70 million coming from Deutsche Bank. Construction is due to start in 2016.

“An office tower, a classroom, a hotel room, for example, house early 20th century behaviours that are now antiquated, and suit an investment model that has since been superseded.”

“Instead, we’re working with cafes, we’re studying in airports, we’re sleeping in strangers’ apartments. This is bold and brave and extraordinary stuff – we’re taking a wholesale new approach to cities to better align with how we behave and how we invest in the 21st century,” said…

Full story covered in the Seniors Housing & Healthcare Trends.