A new Ottawa co-living tower is set for occupancy in January.

Canadian developer Dream Unlimited and U.S.-based Common Living announced that leasing has begun on their 25-storey rental residential building.

Known as Common at Zibi, the property is located on Chaudiere Island, a short distance from Gatineau, Que. Zibi is a large community that is slated to have some 2,200 residential units when it is fully developed.

The project is Common’s first co-living building in Canada. The co-living property model includes shared accommodation and university dormitory aspects.

“While popular in major U.S. markets, co-living is a relatively new concept in Canada,” said the project partners in a news release.

Common at Zibi contains 48 fully furnished co-living units that each accommodate up to five residents, along with shared kitchens and living rooms. The building also has 140 traditional suites and 19 affordable homes in the form of one- and two-bedroom apartments.

Ottawa Community Housing will manage the affordable housing units. Dream Impact Trust is also a project partner.

Image: Common Living