World’s Largest Co-Living Building Opens in London

London is home to many big things – Big Ben, the London Eye, the Tower Bridge, and now the largest co-living building in the world.

West London’s Old Oak is a brand new 11-story, 550-unit, co-living property that features furnished en-suite bedrooms and shared kitchens, along with 10,000 square-feet of communal gathering spaces, a gym, spa, rooftop terrace, library, movie room, and game room.

The building also offers public spaces, including a restaurant by British celebrity chef Ben Spalding, an on-site grocery market, and a 400-desk co-working space.

Old Oak is designed to appeal to the millennial market, who tends to look for efficient, flexible, turnkey spaces to live and work at a reasonable price. In a city like London, with some of the highest rental rates in the world, living at Old Oak does not require a significant financial commitment or long-term lease. The weekly rent – between roughly $329 – $400 – covers all expenses, such as taxes, wi-fi, utilities, access to communal spaces, and twice-monthly room cleaning and linen service. There is also an in-house app that allows residents to see a calendar of community events or reserve a particular space for private gatherings.

In addition to all of the amenities and reasonable pricing, the property is ultimately selling a hip lifestyle and the sense of community; a place to live, work, and gather with friends both old and new. And for today’s millennial, it is just what they’re looking for.