Three co-living buildings for 1,500 rooms are to be inaugurated by 2025.
Becar Asset Management intends to open a co-living for 1,500 rooms in its hotel complex to be built in the Moskovsky district of St. Petersburg, according to RIA Novosti. The company says it will be the largest project of the kind in the world.
The project envisages the construction of five 26-storey hotel buildings, three of them will be in a co-living format. The minimum duration of staying in the co-living will be seven days. The monthly rent is expected to make some 36,000 rubles ($558).
The hotel complex will occupy a 120,000 square meters site in Ordzhonikidze Street. It is to be put into operation by 2025.