Fiat is stepping into the house enterprise. In 2024, the Italian automaker plans to open an house constructing referred to as Fiat Home to coincide with the U.S. launch of the all-electric 500e. Its location in Fort Lee, New Jersey was picked strategically, because it not solely sits on the assembly of 8 main highways, but it surely additionally locations residents only a brief drive away from New York Metropolis (excluding visitors, after all).

The house complicated is deliberate to function over 300 residences, a few of which is able to come absolutely furnished. These furnishings, in addition to the structure of the flats, are mentioned to be consultant of the Fiat 500‘s distinctive design and environment friendly use of area. Patrons could have the selection between renting a studio, a one-bedroom, or a two-bedroom house.

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Past the flats themselves, the Fiat Home will embody an “array of facilities and social areas” to foster a way of neighborhood within the residing area. The complicated will even function an on-site car-sharing service with a fleet made up totally of – you guessed it – Fiat 500es.

We’ve seen different ventures like this earlier than from luxurious marques reminiscent of Porsche and Aston Martin, however that is the primary time we’ve seen such a transfer from a extra value-oriented model like Fiat. There aren’t any images but of what these flats will seem like on the within, however we’re to search out out. Fortunately, UNLMTD Actual Property, the corporate working in partnership with Fiat to carry this challenge to life, says there might be extra data to come back early subsequent yr.

“Fiat is a love model all over the world and our partnership with UNLMTD has created a really distinctive alternative to showcase what Fiat stands for: sustainable mobility with optimistic, forward-looking residing,” mentioned Fiat CEO Olivier Francois. “We’re thrilled to be on the forefront of this pure collaboration, which is bolstered by the simultaneous Grand Opening of Fiat Home and launch of the brand new Fiat 500e for North America early subsequent yr.”