Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 186

I just read about a popular co-working company in New York called Framework . The concept is super simple. They rent single-person office pods (see above). Each one is sound insulated and has a sitting/standing desk, a filing cabinet, a kettle, a french press, and a small fridge. And at their latest location in Williamsburg, these rent for $820 per month. Their tagline is "your home office away from home" and I think that's a good way of describing the offering. Because let's consider the math.

These pods are 8 feet x 8 feet. So at $820 per month, one would be effectively paying about $12.81 per square foot in rent, which I would assume is significantly higher than average apartment rents in the city. If you take the present value of $820 per month over 25 years at a rate of 5% (to generally simulate mortgage payments), you get close to $140k in value. My point being that if you can afford an additional $820 per month for an office pod, then you could likely afford to rent or buy a home with an additional 64 square feet.

But from what I can tell, that's not necessarily the main problem that Framework is solving. The key words seem to be: "away from home." Home can be distracting for some people and in some situations. If you're trying to get serious work done, I can see why shuttering yourself in a pod would be an attractive solution.

Photo via Framework

Tomorrow is opening day for the 2025 Sundance Film Festival in Park City and Salt Lake City. This year it takes place from January 23 to February 2. For those of you who maybe aren't familiar, Sundance is the largest independent film festival in the US. In 2023, it had 423,234 combined in-person and online viewers, and, last year, it saw 72,840 in-person attendees (in a city with just over 8,000 people). So even though there's an online component, it's still very much an IRL experience.

If any of you have been before, you'll know that it's an awesome time to be in Park City. I have vivid memories of singing Phil Collins in a karaoke Uber. The bars and restaurants are also packed and the sidewalks are overflowing with people. So much so that, this year, Main Street is going to be converted to pedestrian only , which I understand is a first. The urbanist in me was obviously happy to hear this, and I now look forward to seeing it play out on the socials.

If any of you are interested in attending, Parkview Mountain House still has some dates available during the festival. Here's the link .

Cover photo by Kirby Taylor on Unsplash

Deloitte recently asked 1,000 Americans if they would be willing to give up car ownership in favor of something that they are calling "Mobility-as-a-Service." This umbrella moniker is meant to capture everything from public transit and bike shares to Ubers and car rentals.

Here are the results:

What's interesting is how willing young people seem to be to forgo car ownership. (Note: Willing, here, includes people who answered somewhat willing, willing, and very willing.)

It's also doesn't seem to be dependent on geography. Broadly speaking, urbanites are more likely to say that they would be willing to give up owning a car. In this survey, 50% of people in urban areas said that they would be at least somewhat willing , whereas the number drops to 17% for people in rural and suburban areas. But oddly enough, young people in rural and suburban areas are just as willing, if not more willing than their urban counterparts. I wonder why.

This maybe suggests that we are seeing a generational shift in how younger people view car ownership. That, or they haven't started having enough kids yet and their perspective will change as they get older. If I had to guess, I'd say it's a mix of both, but more of the former. Because look at the large spread between the next two cohorts in the above chart. There are some trends here (assuming this data is representative). It's not just about family life.

Also noteworthy is the fact that Canadians are some of the most unwilling people, according to this survey :

Personally, I hate driving. I look forward to the day when most cars drive themselves. So I'd place myself in the very willing camp. What about you?