Submitted By: Jeremy Sellers, Channel Vice President of Multifamily & Homebuilding, Wolf Home Products
Our last blog post discussed part I of top trends in multifamily housing and today’s follow-up post features four additional trends we’re seeing in multifamily housing by Jeremy Sellers of Wolf Home Products.
- Business Centers: For the past decade, the growing trend in many businesses has been to allow employees to “telecommute.” Apartment communities have kept up with the trend and are offering everything from iCafes to small business centers equipped with multiple work stations and even private conference rooms. Developers have invested in high-speed internet infrastructure to keep up with telecommuters need for speed.
- Resort Style Outdoor Amenities: It’s amazing how far both low-rise and high-rise apartment outdoor amenities have come over the years. Apartments have always offered a small outdoor living space but today they offer resort style amenities, including infinity swimming pools, poolside cabanas with large spas, and most importantly a large BBQ area. Many of the new urban apartment BBQ areas have shied away from built-in stone grills and are moving to exotic stainless steel outdoor cabinets with a hanging grill.
- Green Leases: Many metro areas such as New York and Boston offer a “Green Lease” apartment. This style apartment has white paint, highly reflective roof with solar panels, electric car charging stations, bike storage, and floor to ceiling windows. The internal systems include energy efficient mechanical system and soy based insulation.
- Personal Touches: Another trend that renters can’t get enough of is the personal touch of a developer to a property. Apartments today offer authenticity, localism, unique details, and even customization that help elevate the consumers’ living experience. In a project built at a former steel mill, you will see reclaimed wood planks and steel H‑beams creating custom finishes and furnishings that speak to the history of the property.