This "dorms for grownups" project is in my city of Syracuse! I think I'd really enjoy giving this kind of living situation a shot; it appeals to me in the same way that living in a co-op does. I also feel that we need to experiment as a society with approaches to small-space living in urban areas. Unfortunately, at around $700 a month, this would increase my rent by nearly 50%. Otherwise, I'd think very seriously about moving if it opened before my time here is over.
http://www.theatlantic.com/business/archive/2015/11/coliving/414531/