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London firm will bring 500-unit co-living tower to Broadway Triangle

After debuting a 550-unit co-living tower in West London in 2016, the United Kingdom’s first co-living community at that time, developers are heading to Brooklyn to construct a similar tower.

London-based development firm, the Collective, has announced plans for a mixed-use co-living building that will rise on the border of the contested Broadway Triangle, at 555 Broadway. The Collective acquired the site from Blesso Properties and plans to offer more than 500 apartments, of which 30 percent will reportedly be affordable.

The Brooklyn building will serve as the Collective’s “flagship location” in the U.S.
 
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