Live-work-play (LWP) buildings offer access to residential areas, office & coworking spaces, as well as retail and entertainment under one roof, thus making the switch from workstyle to lifestyle convenient and quick. While not necessarily a novelty, mixed-use developments are a popular concept in recent years. Look at the popularity of Avalon!
To further explore the evolution of LWP and its intersection with the coworking segment, researchers at CoworkingCafe determined the top U.S. cities with the highest number of live-work-play buildings in 2022, as well as their growth throughout the last decade.
According to Coworking Cafe, Atlanta completed 14 LWP buildings from 2012 to 2022 with two more such projects in the pipeline for 2023.
Recent LWP Projects
- Crest on Peachtree
- 77 12th
- Ponce City Market
- FLATS at Ponce City Market
- The Residence Buckhead Atlanta
- Square on Fifth
- 675 N. Highland
- Station R
- Dagny Midtown, The
- Icon Buckhead
- The Interlock
- Entra West End
- Sentral West Midtown at Star Metals
- Arya Peachtree
- MAA Buckhead
- The Works
In line with the national trend, mixed-use buildings in Atlanta are primarily composed of residential areas (52% of the total square footage), whereas office spaces claim 22% and retail 26%. Four of those mixed-use buildings in Atlanta also include coworking spaces. Consequently, that places Atlanta right after New York City in the coworking department.
Atlanta is also the only city in our ranking with 100% class A ratings for all of its live work play buildings.
Nationwide, 512 live-work-play communities were built between 2012-2022, with another 101 in the pipeline for the next two years.
You can read the full study here: https://www.coworkingcafe.com/blog/live-work-play-to-reach-record-heights-in-2023-with-coworking-twist/
Bisnow Atlanta recently covered eight highly anticipated developmental that will be completed in 2023. Their list was compiled with assistance from CBRE Atlanta, Avison young and Haddow & Company. You can read the full Bisnow Story here.
8 Anticipated Commerical Deliveries (many have a mixed-use or LWP component):
- Assembly Doraville – mixed use with film stages, offices, mill space, warehousing, production base camp, dining and private production bungalows
- Sora at Springs Quarter – apartments
- Echo Street West – mixed-use
- The Junction Krog District – office
- The Interlock, Phase 2 – mixed-use
- Garden Hills – office
- Gardner Logistics Park, Phase 3 – Industrial
- Facebook Data Center, Phase 2 – data center
With the pandemic causing remote working to rise in popularity, many individuals in the U.S. moved to the suburbs. Wanting to keep their commute-free lifestyle, suburban workers need an office space closer to their homes.
While 56% of coworking spaces in the U.S. are still featured in bustling urban cities, 44% of the logged national number of coworking spaces belong to the Suburbs. According to Coworking Café, the Atlanta metro region has 77 coworking spaces within 24 suburban areas. On America’s leading suburbs with the highest number of coworking spaces, Alpharetta takes the ninth spot with an incredible total of 14 coworking developments.
Alpharetta Coworking Spaces
- Roam Alpharetta
- The Avalon
- Serendipity Labs
- Digital Ignition
- The Commons at Phase
Photo courtesy of Wikipedia.