Developer building ‘micro-studios,’ and yes, people are renting them

Developer building ‘micro-studios,’ and yes, people are renting them

The size of a typical studio apartment is 500 to 600 square feet. The studios that Riaz Capital is building around the Bay Area measure on average 300 square feet — which is on the small side, even for a standard hotel room. But the Oakland-based developer sees micro-studios as a way to provide “affordability by design” in a state where the cost of housing is a major financial burden for many residents. Units come with only the essentials. Many …