Startup campus Station F is extending beyond its original building in Paris using a co-living space named Flatmates. 600 people will have the ability to rent space in shared apartments. Billionaire Xavier Niel’s 250 million-euro bet that mega-campus Station F will help Paris become a worldwide tech startup hub could be starting to pay off.
Station F says it is the most significant co-living area in Europe. Flatmates are now three distinct buildings designed by Jean-Michel Wilmotte.
You will find 100 unique apartments, which represent 600 rooms in total. You get to share the living space, kitchen and at times toilet along with other Station F members. Constructed on the website of an old train station and financed by Niel’s own cash, the 34,000-square-meter place has expanded from desks for lease to sponsor venture capitalists and corporate-backed programs for entrepreneurs.
If it comes to leasing, you can get a standard room with a shared toilet for $399 per month. A top room with private bath costs $549 per month. And some space with a private bathroom and a dressing price $799 each month.
Placing the French funding on par with Silicon Valley for tech investment and innovation will be ultimately Niel’s target. While that is still far off, the French investor and telecom tycoon have was able to entice some U.S. ability to Station F. American entrepreneurs are the second most crucial team, after French people, and make up roughly 7% of individuals in the Paris campus.