Eighty-seven percent of residents consider amenities when signing or renewing a lease. That is, according to market research by Joe Duffus, CEO of Builders Design, and Justin Bucy, director at Housing Design Matters.
Based on market research and trends, Duffus and Bucy shared some primary areas of focus for multifamily amenities during their presentation at the 2023 International Builders’ Show. Whether it’s picking interior design elements or catering to your target demographic, here’s what their research has found.
3 important focus areas for amenities
In order to attract modern tenants, you need spaces that function for their preferred way of life.
1. Remote work
It’s not going away anytime soon. According to McKinsey data, nearly 60% of people work from home at least one day a week.
Remote work amenities could be anything from workspaces to meeting rooms and “Zoom booths.” It could be as simple as having minimalist workstations in a designated co-working space, as long as the design is inviting and functional (high-speed internet is a must). No one wants to sit and look at a blank wall—they can do that at home.
With the variety of careers going fully remote, Bucy has even seen podcasting/recording studios emerge in the multifamily space.
2. Relaxation and personal wellness
Water features, gardens, and meditative spaces can help residents up their relaxation game, making them feel even more at home. Whether it’s a simple outdoor fountain that provides calming white noise, or a tucked-away library for needed quiet time, amenities that promote relaxation can help retain tenants each and every year.
On the other hand, dedicated fitness centers are also essential for resident wellness—but long gone are the days of minimal equipment in a cramped room. Depending on your target demographic, choose between free weights or weight machines (or even both) as long as you maintain adequate, clear floor space. Consider using a fitness consultant to help layout and optimize the room.
Also, keep in mind the various ways people exercise: yoga, stretching, aerobics, etc. If possible, implement space for such alternative activities in your fitness room.
3. Outdoor spaces
Community fire pits/grills, lounging areas, hiking trails, or pools offer residents the chance to socialize day and night. With modern technology, you can implement a simple, sleek fire table that’s both easy to operate and functional in tighter spaces. And don’t sleep on rope lights—they can help define and elevate any outdoor area. Bucy emphasizes the inclusion of covered outdoor spaces as well, citing his firm’s 20% increase in the feature as of late.
Bonus amenity considerations
After nailing these focus areas, Duffus and Bucy suggest improving upon your development further.
- Community cultivation. Look for a chance to create communities with your attractive amenities. Consider your target market and let it influence your design choices. A gathering space could be designed as a bar/lounge for the younger crowd, or as a sleek kitchen-like common room for elegant types. Bucy also sees opportunities for creating community through flex room design. Give it a theme—maybe with wine or scotch lockers—to spur engagement and connectivity.
- Package/mail room. Bucy finds that for the mail room and package receptacles, you only need to provide enough parcel lockers for about 30% – 40% of units.
- Pet amenities. According to Bucy, the Covid-19 pandemic led to a record number of pet adoptions. Subsequently, dog parks and washing stations are in the highest demand. With pet spas and washing stations, he’s found the most success in keeping them away from community spaces. Group these pet rooms closer to maintenance/pool equipment areas. Your tenants—and their noses—will thank you.
Related Stories
MFPRO+ New Projects | Oct 30, 2024
BIG’s One High Line finally reaches completion in New York City’s West Chelsea neighborhood
One High Line, a luxury residential project spanning a full city block in New York’s West Chelsea neighborhood, reached completion this summer following years of delays related to investor lawsuits.
MFPRO+ New Projects | Oct 30, 2024
Luxury waterfront tower in Brooklyn features East River and Manhattan skyline views
Leasing recently began for The Dupont, a 41-story luxury rental property along the Brooklyn, N.Y., waterfront. Located within the 22-acre Greenpoint Landing, where it overlooks the newly constructed Newtown Barge Park, the high-rise features East River and Manhattan skyline views along with 20,000 sf of indoor and outdoor communal space.
Multifamily Housing | Oct 28, 2024
A case for mid-rise: How multifamily housing can reshape our cities
Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. The main criticism of the “five-over-one” is that they are often too predictable.
Adaptive Reuse | Oct 22, 2024
Adaptive reuse project transforms 1840s-era mill building into rental housing
A recently opened multifamily property in Lawrence, Mass., is an adaptive reuse of an 1840s-era mill building. Stone Mill Lofts is one of the first all-electric mixed-income multifamily properties in Massachusetts. The all-electric building meets ambitious modern energy codes and stringent National Park Service historic preservation guidelines.
MFPRO+ News | Oct 22, 2024
Project financing tempers robust demand for multifamily housing
AEC Giants with multifamily practices report that the sector has been struggling over the past year, despite the high demand for housing, especially affordable products.
Products and Materials | Oct 17, 2024
5 multifamily tech products for your next project
Multifamily housing and technological upgrades go hand-in-hand. From the rise in electric vehicle charging needs to the sophistication of smart home accessories, tech products are abound in the multifamily space.
Codes and Standards | Oct 16, 2024
North Carolina’s code policies likely worsened damage caused by Hurricane Helene
The North Carolina Legislature’s rejection of building code updates likely worsened the damage caused by Hurricane Helene, code experts say. Over the past 15 years, lawmakers rejected limits on construction on steep slopes, which might have reduced the number of homes destroyed by landslides.
MFPRO+ News | Oct 16, 2024
One-third of young adults say hurricanes like Helene and Milton will impact where they choose to live
Nearly one-third of U.S. residents between 18 and 34 years old say they are reconsidering where they want to move after seeing the damage wrought by Hurricane Helene, according to a Redfin report. About 15% of those over age 35 echoed their younger cohort’s sentiment.
Student Housing | Oct 9, 2024
University of Maryland begins work on $148 million graduate student housing development
The University of Maryland, in partnership with Campus Apartments and Mosaic Development Partners, has broken ground on a $148.75 million graduate student housing project on the university’s flagship College Park campus. The project will add 741 beds in 465 fully furnished apartments.
MFPRO+ News | Oct 9, 2024
San Francisco unveils guidelines to streamline office-to-residential conversions
The San Francisco Department of Building Inspection announced a series of new building code guidelines clarifying adaptive reuse code provisions and exceptions for converting office-to-residential buildings. Developed in response to the Commercial to Residential Adaptive Reuse program established in July 2023, the guidelines aim to increase the viability of converting underutilized office buildings into housing by reducing regulatory barriers in specific zoning districts downtown.