Transform Vacant Commercial Spaces into Affordable Pod Living
Across the United States, remote work and economic shifts have left countless commercial buildings sitting empty since the COVID-19 pandemic. In fact, one industry expert predicts that, over the next few years, the total vacant office space nationwide could equal the size of Manhattan. At the same time, the country faces a severe shortage of affordable housing (approximately 3.8 million units). This unprecedented combination of empty real estate and housing demand presents a bold opportunity to repurpose and revitalize properties on a massive scale, turning idle spaces into much-needed living accommodations.
Stay Open is seizing this moment by transforming underutilized commercial real estate into vibrant, affordable pod living communities. Our innovative model converts offices, retail buildings, hotels – any underused commercial space – into stylish micro-housing pods that maximize comfort and community. We proved this concept with our flagship Venice Beach location, opened in 2021 inside a former Snapchat office and now operating as a chic pod hotel blending capsule privacy with co-living . We handle everything from design and renovation to daily management of the property, offering a turn-key solution for owners. For property owners and investors, partnering with us is hassle-free and lucrative: you can earn steady income through a management fee while we run the day-to-day operations, or choose a revenue-sharing arrangement that aligns our success with yours. Either way, we breathe new life into your property and create ongoing value for all stakeholders.
We have a bold, ambitious vision to expand this model across the U.S. and are actively seeking investors and property owners to join us. Now is the time to act. From empty office floors to closed hotels and beyond, there is an abundance of space ready to be converted into thriving pod living communities.
By partnering with Stay Open, you’ll help address a critical housing need while turning your underutilized property into a profitable, community-enhancing asset. Our focus at this stage is exclusively in the United States, where the post-pandemic real estate landscape offers countless opportunities for growth. Join us in transforming cities and redefining affordable living, one pod at a time. To learn more or discuss an opportunity, contact David.Draffin@stayopen.com and let’s explore how we can turn your vacant space into a vibrant, revenue-generating community.