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A Startup That Wants to Build Cities

buildcampus.com

1–10 of 84 posts

Re: A Startup That Wants to Build Cities

#3
I'm curious as to why they are choosing to start their pilot program in the Bay Area - they're not a software startup, so why choose one of the most expensive areas in the world to rent/purchase land? There's a lot of land out there with easier avenues to self-sufficiency that are just a plane ride away at the most, I cant imagine them needing to be close to an urban area at all actually.

Re: A Startup That Wants to Build Cities

#4

I'm curious as to why they are choosing to start their pilot program in the Bay Area - they're not a software startup, so why choose one of the most expensive areas in the world to rent/purchase land? There's a lot of land out there with easier avenues to self-sufficiency that are just a plane ride away at the most, I cant imagine them needing to be close to an urban area at all actually.

From my understanding they essentially start as a "co-housing network"- which makes a lot of sense in SF/Bay

Re: A Startup That Wants to Build Cities

#5
I wonder if they'll choose to make a whole diverse city or just a "monoculture" of 20 somethign roommates. ? I dont imagine seniors are usually attracted to Campus' main market (see the communities on their website). But cities usually have all sorts of demographics.

Re: A Startup That Wants to Build Cities

#6

I'm curious as to why they are choosing to start their pilot program in the Bay Area - they're not a software startup, so why choose one of the most expensive areas in the world to rent/purchase land? There's a lot of land out there with easier avenues to self-sufficiency that are just a plane ride away at the most, I cant imagine them needing to be close to an urban area at all actually.

From my understanding they essentially start as a "co-housing network"- which makes a lot of sense in SF/Bay

At second glance, you seem correct - I seem to have misunderstood the nature of this venture. I was under the impression they were building distributed urban settlements in strategic but unpopulated areas (which would require large amounts of capital and/or land).

Re: A Startup That Wants to Build Cities

#7
I live in one of their houses. It has beautiful shared spaces and nice kitchens — but it is very expensive. Great place to live when you first arrive in a new city, but most people move on after ~6 months.

A nice thing is that the effective land lords (campus employees) are my age — which helps.

Previous versions of this vision statement described colonies on Mars ... so they've scaled it back a bit lol

Re: A Startup That Wants to Build Cities

#9
post #5

I wonder if they'll choose to make a whole diverse city or just a "monoculture" of 20 somethign roommates. ? I dont imagine seniors are usually attracted to Campus' main market (see the communities on their website). But cities usually have all sorts of demographics.

Most houses are a monoculture of 20 somethings

Re: A Startup That Wants to Build Cities

#10

I'm curious as to why they are choosing to start their pilot program in the Bay Area - they're not a software startup, so why choose one of the most expensive areas in the world to rent/purchase land? There's a lot of land out there with easier avenues to self-sufficiency that are just a plane ride away at the most, I cant imagine them needing to be close to an urban area at all actually.

I don't know the numbers, though it seems easier to find potential renters more easily in the city. It's about $1.4k with no long-term lease (using the cheapest room for Lower Pac Heights) which is about the same you would find for a single in SoCal (albeit with a contract lease).

So, potential residents have the benefits of like-minded roommates, tech-driven area, and no-contract housing.

Other cities could have better profit for the landowner to rent out, but it would only really share the no-contract perk.

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