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Airbnb Open logo. Photo: Airbnb

Airbnb is partnering with Newgard Development Group, a Miami-based housing developer, to build a 324-unit home-sharing friendly housing community in Kissimmee, Fla. Set to open next year, this is the first housing development Airbnb is helping design from scratch, and will include features like keyless entry and shared common spaces.

Why it matters: This is an extension of Airbnb's Friendly Building program, through which the company is appealing to landlords and developers to allow home-sharing in their buildings — in exchange for visibility into the tenants' home-sharing activities. Airbnb has faced criticism from landlords who feel they've lost control over their properties by not being able to keep tabs on their tenants' short-term rental activity. But multi-family housing makes up to half of Airbnb listings in some major cities, according to Airbnb director of global multifamily housing partnerships Jaja Jackson. .

This new partnership is also taking this initiative a step further as it makes home-sharing a foundational part of living in those units (if the residents so choose)

More:

  • Tenants will be able to rent out their units 180 days per year and will pay Airbnb the standard 3% fee and keep 75% of the earnings (Newgard gets the other 25%).
  • Tenants will be able to pay for certain hosting services like home cleanings or guests check-ins provided by Niido.
  • Adding the home-sharing building features is adding 5% to the building's costs, according to Hernandez.
  • According to Newgard CEO Harvey Hernandez, this is the first in a pipeline of several planned housing developments.

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists — National standardized tests delayed until 2022.
  5. Cities: Los Angeles County issues stay-at-home order, limits gatherings.
  6. World: London police arrest dozens during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
9 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.