This first-of-its-kind microhousing development, previously known as My Micro NY, will open in one of the densest cities on the planet next year, when tenants begin moving into Carmel Place on February 1 in the Kips Bay neighborhood. Only a dozen market-rate studios will go on sale in this much hyped building, a prefab building created by Monadnock Development, nArchitects, and Stage 3 Properties that was fabricated in the Brooklyn Naval Yards. Prices start at $2,540 per month for a 265 square foot unfurnished apartment and go up to $2,910 for a fully furnished 355-square foot apartment, with a range of space- and time-saving amenities, including the Hello Alfred personal butler app.

Chicago developer FLATS has bet big on the microdwelling trend, opening up a series of small-unit developments as well as a range of short-stay rental options across the city. This building, one of the company's developments in the Uptown neighborhood, features studios that measure in just shy of 500 square feet with furnishings from CB2. The company has a queue of future small space projects in the works, including the conversion of the Bush Temple of Music, a stylish turn-of-the-century building in River North.

This proposed efficiency dwelling in North Seattle, part of the Cubix brand of small dwellings being developed by Daniel Stoner, seeks to leave a smaller footprint in a few different ways. In addition to smaller units (231-square-foot residences and 310-square-foot live-work spaces), the four-story structure is a transit-oriented development. Seattle is currently the capital of the micro housing boom, with hundreds of units available and more than 1,000 in various stages of development.

A grand residence built by a former Chicago Tribune editor that was once the home of the Washington Club, this Neoclassical structure is in the process of being converted in 90 microunits measuring roughly 350-square-feet each. The development firm SB-Urban, which is overseeing the conversion, purchased the building for $20 million last year.

This forthcoming condo development in downtown Houston will bring 300- and 450-square-foot loft units to the city sometime next year, as well as an array of more standard condos. The smaller spaces will boast attractive amenities, including a rooftop pool with a wet bar. Prices start at $119,000 for a 300-square-foot loft. Developers plan to break ground next summer.

Micro housing isn't just for big cities. This forthcoming development in the River's Edge District of Kalamazoo, Michigan, suggests the micro unit trend isn't always about density. Set to open in converted warehouse built in 1924, this forthcoming mixed-use building will include 16 microunits meant to appeal to recent grads looking for a more economical way to live downtown. A spokesman for NoMi developers told MLive.com that there's a need for a "cool, hip place to live downtown for $500."

Located near Rittenhouse Square, this recently opened development includes a mix of standard and micro units in the converted Robinson Building, which start at $1,200 for 314-square-feet studios. Scully Company and Alterra Property Group spearheaded the project, which has the none-too-subtle name of Avenir, or French for future.

Parts of the iconic hotel in this Tennessee town have been transformed into a mixed-use development with a pair of restaurants, part of an $8 million renovation project. While much of the hotel will continue to operate as usual, 95 former hotel rooms have been adapted into 350-square-foot apartments that start at $800 per month.

Rock Ventures LLC, owned by Detroit's billionaire businessman Dan Gilbert, plans to turn the site of a former strip club into a 13-story tower with 250 micro units of 325 square feet each, expected to charge roughly $650 per month. Local firm Kramer Design Group will design the new building, which has a projected opening in 2017.