The multifamily industry in the Southeastern US is rapidly changing. Since the pandemic, tenants are in search of different rental spaces, amenities, and features than just a couple of years ago. There are more renters than ever, understanding what they want and how to incorporate this into your properly is key to growing a competitive multifamily community.
On top of many renters list for 2022 is a space that is private, clean, and supports wellness and health.
What will renters will be looking for in 2022 according to Motley Fool:
Outdoor living
Outdoor living areas are more important than ever, focusing on BBQ areas, outdoor seating, pool, and community spaces.
Building in as many balconies or patios as possible can help meet that need. If you’re working with an existing building, developing extensive walking paths with landscaping can give them a place to connect with nature without congregating everyone into one area. And if space allows, including garden beds or allowing container gardening on the balconies can help further their connection with the outdoors from the safety and privacy of their homes.
Telecommuting Workspaces
Incorporating areas that will make remote work easy, such as an area with a dedicating on-premise work areas. Someplace where tenants can get out of their apartment and go somewhere quiet, access to a desk, and get fast internet connection.
The National Multifamily Housing Council found that 45% of people work from home at least once a week. Taking this into consideration, you can accommodate their needs in several ways.
Keeping up with the amenity race in the multifamily housing industry to keep ahead of the competition isn’t always easy. It starts with partnering with a construction group you can count on to give you the most bang for your buck.
SWET Construction Group takes great pride an integrated approach to design and space planning for positive impacts not only for the building but also for the environment. We offer competitive pricing, innovative practices, clear communications and a trusted partnership. We also provide insights, essential data, news and extensive information to better inform their clients and strengthen their market position.
Check back with us next week for more of what renters will be looking for in 2022.