The project is maybe not the worst idea, the $1400 rent a month though…

Oh and this was not the first plan:

“We were thinking of turning it into a WeWork space, a concert hall, a beer garden. We had no shortage of ideas on what to do with the space,”

  • lowEndLitt@lemmy.world
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    1 day ago

    I wanted to disagree with you at first, because I love the idea of repurposing old structures instead of building yet another soulless, “modern” apartment building, but yeah, they’re clearly doing this with the intent of turning a profit when it could have been another example of non-market housing, where the cost of rent simply covers the cost of building maintenance and actually helps to stabilize rent costs in an area.

    TL;DR: Once again, a cool thing is made less cool by the profit motive.

    • M0oP0oOP
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      1 day ago

      Maybe that is why I got a “dystopia” feel from this more then anything, its almost a cool thing. I would be I think much more willing to go along with this if it was not put up as a “feel good” story that to me has very little good. I get more “we work” style hipster scam then a long term usable housing solution.