flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

New download: BD+C's 2023 Multifamily Amenities report

MFPRO+ Research

New download: BD+C's 2023 Multifamily Amenities report

New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.


By Robert Cassidy, Executive Editor | February 28, 2024
New download: BD+C's 2023 Multifamily Amenities report

In the summer of 2023, the editors of Building Design+Construction and Multifamily Pro+ surveyed more than 140 multifamily design, construction, and development experts to get a sense of the top amenities that project teams are providing in today’s apartment, condominium, student housing, and senior living communities. The following report (available for free download below) outlines 127 top amenities in multifamily housing projects.

Key findings of the 2023 Multifamily Amenities report

  • Multifamily developers and their AEC teams are innovating when it comes to providing desirable amenities to tenants in apartments, condominium clients, students in academic housing, and seniors in senior living communities. They have responded to many of the difficulties posed by the Covid pandemic with fresh ideas and bold approaches.
  • After site location and rental/purchase cost, offering the right mix of amenities remains the key selling point for new and renovated multifamily housing, whether rental apartments, condominiums, student housing, or senior living communities.
  • New options, such as interactive fitness services and dog exercise stations, are coming online all the time, adding to the complexity of making the right choices as to the best mix of amenities to provide.

The full report offers a breakdown of the top amenities across these categories:

  • Top 10 outdoor amenities 
  • Top 10 indoor amenities 
  • Top 10 recreation amenities 
  • Top 10 convenience amenities
  • Top 10 quality of life amenities 
  • Top 10 children's services 
  • Top 10 services for pets 
  • Top 10 technology services 
  • Top 10 security services


How developers and their AEC firms are innovating when it comes to multifamily amenities

We asked respondents to let us know what multifamily amenities innovations or fresh concepts they had tried in recent projects. Here’s a rundown of some of the more intriguing responses.

EV charging stations, solar power, smart appliances, and maker spaces were the choices of several respondents. “We are moving toward all-electric buildings throughout our
14-state portfolio,” said one developer.

“Larger, nicer co-working spaces” garnered support from one respondent. But another said their firm was nixing communal co-working spaces in favor of designing work-from-home spaces right in the apartments.

HOT DESKS, ROCKY WALLS, WET BARS
One respondent said their firm was designing co-working spaces that included “hot desks,” small day offices, multiple conferences rooms, a wet bar, and phone booths for private calls. This developer predicted that “this feature will soon approach the preference rating for fitness centers” among work-from-home residents and self-employed individuals.

Active leisure amenities advanced. One respondent was installing rock walls in its communities. Another had opened its fitness centers for 24/7 access. Yet another added exercise stations to their walking trail.

Several said dedicated pickleball courts were becoming de rigueur in their communities. (To build them right, see “Pickleball, anyone?” at: bdcnetwork.com/pickleballanyone) One developer had provided “private fitness pods” for smaller groups. Another had put in “beer walls”; that’s “active leisure,” isn’t it?

LEARNING THE NEEDS OF DISABLED RESIDENTS
Residents with accessibility concerns benefited from one developer: “We’ve been meeting with disabled residents to learn more about their daily needs,” said this respondent, who was going “above and beyond code” with accessible design.

One respondent had implemented automated parking, another “intelligent” parking. Yet another was offering individual detached garages to tenants.

“Interactive smart kiosks” were on one respondent’s innovations list. Yet another was using an online property maintenance platform.

Entertainment venues were a hit with some. One team installed a roof deck with gazebo. Another was putting in private dining areas.

Amenities for the arts also got some love. One respondent had built a green room for residents to record video shorts. Another put a “book share box” near the mailboxes. Music rooms were the choice of some project teams.

ENVIRONMENTAL, PERSONAL COMFORT CONCERNS
The use of sustainable materials (though not enumerated) scored with one respondent. Another said, “Mass timber is making a play in the market.” “Environmental cleaning” (not defined) was the choice of one firm. Yet another had installed a system to recycle rainwater to be used in the cooling tower for ventilation purposes.

Creature comforts were important to some respondents. One firm added drinking water fountains to its senior living homes. An apartment designer broadened their balconies to six feet in width instead of four feet. A developer in Honolulu offered “multiple furniture options” in its downtown high-rise. To “stay competitive with adjacent properties” one developer upgraded unit finishes and lighting.

“Grab-and-go convenience stores” within the amenity space—not vending machines!—were being put in place by one firm.

In terms of security innovations, respondents reported installing electronic unit deadbolts. One developer was installing ring cam security cameras in every unit. Yet another had installed a keyless entry system in an assisted living facility.

GET THE DESIGN RIGHT, FROM THE START
One consultant to multifamily developers and AEC teams issued this warning: “Floor plan designs and unit features are more important than amenities in the leasing decision! Great amenities will not overcome a poor to average unit design.”

Another consultant advocated for creating “a community feel”—rather than “just a place to live”—and recommended that multifamily developers and AEC teams move television screens, games, and billiards under the club room porch––outside, but protected from the weather. “Many clubhouses close around 6:00 when most renters are returning from work, so this can serve as an outdoor gathering area.”

The final word from this respondent: “Design the structure to be as efficient as possible first, then make the unit and amenity layouts fit around it.”

Related Stories

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.

MFPRO+ Research | Oct 15, 2024

Multifamily rents drop in September 2024

The average multifamily rent fell by $3 in September to $1,750, while year-over-year growth was unchanged at 0.9 percent.

The Changing Built Environment | Sep 23, 2024

Half-century real estate data shows top cities for multifamily housing, self-storage, and more

Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.

Student Housing | Sep 17, 2024

Student housing market stays strong in summer 2024

As the summer season winds down, student housing performance remains strong. Preleasing for Yardi 200 schools rose to 89.2% in July 2024, falling just slightly behind the same period last year.

Adaptive Reuse | Sep 12, 2024

White paper on office-to-residential conversions released by IAPMO

IAPMO has published a new white paper titled “Adaptive Reuse: Converting Offices to Multi-Residential Family,” a comprehensive analysis of addressing housing shortages through the conversion of office spaces into residential units.

MFPRO+ Research | Sep 11, 2024

Multifamily rents fall for first time in 6 months

Ending its six-month streak of growth, the average advertised multifamily rent fell by $1 in August 2024 to $1,741.

Adaptive Reuse | Aug 29, 2024

More than 1.2 billion sf of office space have strong potential for residential conversion

More than 1.2 billion sf of U.S. office space—14.8% of the nation’s total—have strong potential for conversion to residential use, according to real estate software and services firm Yardi. Yardi’s new Conversion Feasibility Index scores office buildings on their suitability for multifamily conversion.

Adaptive Reuse | Aug 22, 2024

6 key fire and life safety considerations for office-to-residential conversions

Office-to-residential conversions may be fraught with fire and life safety challenges, from egress requirements to fire protection system gaps. Here are six important considerations to consider.

MFPRO+ Research | Aug 9, 2024

Apartment completions to surpass 500,000 for first time ever

While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.

MFPRO+ Research | Aug 6, 2024

Matrix multifamily report for July shows ‘hopeful signs’

The multifamily market is showing strength in many ways, according to the July 2024 Matrix Multifamily National Report by Yardi Matrix.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021