The latest amenities in demand for multi-family developments is making apartment living more like being in a hotel than a traditional living space. Apartment seekers, especially Millennials, are ok with smaller square footage in exchange for some pretty exciting amenities. Here are ten favorites that will attract great tenants and handsome rent prices.
Undertaking a multifamily remodeling project may take millions of dollars and years to complete depending on the number of units in the building. It can get out of hand quickly. But with the right strategy, a multifamily building can be in the optimal position for growth.Here are a few strategies that increase growth potential.
8 Developments (Part 1 of the Go Green! series)
Once upon a time, building with a mind for energy efficiency and conscientiousness for the environment was something only the residential market could afford to worry about. But anymore, that has switched. The rewards for green construction are much greater today thanks in part to LEED standards.
Popular, timeless, sophisticated, and perfect for the successful corporate office, metallic accents are where it’s at for urban commercial design. Metal is one of the most flexible looks to work with. It can add a touch of the modern or bring some rustic charm to the urban commercial space. Even the corporate break room has to have some comfortable yet cutting-edge style. Here’s why metallic works so well in commercial design.
Brad Hunter, Chief Economist for Metrostudy said “The U.S. housing market continues to gradually expand.” The slow but steady growth tries our patience, but as they always say, slow and steady wins the race.
Although hospitality flooring has been more industrial or luxury-based in the past, that’s all changing. Many hotels, restaurants, and others in the hospitality industry are looking to materials that invite comfort and hominess but still retain the durability and low-maintenance of favorite flooring materials of the past.
Where stone and porcelain tile were once the popular choice, some homey looking new kids on the block are making an appearance. Namely, wood-look tile.
You’ve thought through a design that will be timeless. You’ve imagined a space infused with local flavor. You understand the demographics of the expected clientele. But if the design is for an extended stay hotel, there is much more to consider.
Remember those old plate spinning acts? A line of a dozen delicate china plates spinning atop a thin stick? The performer running between plates making sure everything stays just so or the whole thing comes down in a spray of porcelain shards?
Hospitality projects can often feel just like that. One little slip and something comes crashing down. It’s a delicate balance to keep all the architectural plates spinning. You have to meet demands for durability, represent the standards of the brand, keep the architectural features looking fresh—but not so trendy that it looks outdated in a few years—and on top of all that, you have to stay on time and on budget.
At least one of those plates is getting easier to maintain. Hospitality tile has emerged as a product that meets all those demands.
While many high-end hotels lean toward luxury design, others are starting to lead the way in their own right with design that is more like home. Plenty of other hospitality and healthcare designers are following. Recently Floor Trends magazine highlighted how designers are making these environments more homey but keeping them just as durable as ever.
Though most hospitality design aims for the timeless and classic, it’s also expected and can get a little boring. That’s why adding in a little of the fashionable really breathes life into a design. Here are a few trends that pass the test on both fronts—longevity and style.