Deal Profile: Tomorrow Building

The Tomorrow Building is a four-story, 40,000 square foot building in downtown Chattanooga, Tennessee that was originally built as a hotel in 1888. After a $9.5 million transformation, it houses 39 furnished micro-unit apartments, shared social and work spaces, and four locally owned retailers. The building’s developer is part of an incubator for early-stage companies, which has found that the co-living concept has helped with retaining employees.

The Collective

Located in Kentwood, Michigan, a suburb of Grand Rapids, the Collective is a 36,986-square-foot (3,436-sq-m) membership facility that provides users with an array of office services, a fitness center, rooms for making art and playing music, and a coffee shop. For a monthly fee, members–a mix of small-business owners, freelancers, and telecommuters, among others–have access to cubicle and office space, printing services, meeting rooms, conference facilities, art and music classes, as well as exercise equipment and a swimming pool. As of July 2008, there is only one Collective, which occupies a structure that was originally used as a health club. However, the developer, Main Street Development, has created plans for a 40,000-square-foot (3,716-sq-m) prototype building with the goal of constructing more Collectives in different locations., ,

string(6) "banana" array(5) { [0]=> string(4) "Full" [1]=> string(14) "Fitness Center" [2]=> string(6) "Office" [3]=> string(6) "Retail" [4]=> string(9) "Mixed Use" }