As we move into some type of new normal, multifamily housing owners and managers are working hard to meet the social distancing requirements. As the need for multifamily housing increases, so does the need for sustainability.
Investing in sustainability benefits your property, residents, team members, and the environment. But also improving your bottom line. In fact, major companies in the industry who support sustainable housing are outperforming their counterparts.
Reduce building costs
Reducing operational and construction costs, is something all multifamily operators strive for. Sustainable building practices, which appeals to demographics across the board, do just that. Studies show these green features have saved owners of multifamily housing roughly 33 million dollars over 200,000 buildings.
These environmentally friendly designs, such as high efficiency plumbing fixtures, bamboo flooring, advanced heating and cooling, have been found to recoup associated costs fairly quickly, when compared to the typical industry average.
Attract the next generation residents
Most renters are drawn to the healthier, eco-friendly apartments. It shows the management company’s prioritizes the environment, invoking a level of loyalty and trust. In fact, over 60 percent of residents said sustainable minded features and amenities are worth paying a higher rent.
Reducing your carbon footprint
For those in the multifamily housing industry, introducing sustainability and green practices into their brand have seen high returns on their investment. You can also earn tax credits and other benefits by adopting federally recognized green practices. As well as, appeal to the next generation of renters, lower energy costs, and reduce your carbon footprint.
Partner with a construction group you can trust
As a leader in the industry, SWET Construction Group (SCG) and Structural Contractors South (SCS) are two companies under one roof that offer sustainable designs and amenities.
At SCS, we are proud to offer high quality materials that fit the budget, supplying painting and drywall services to multi-family clients throughout the Southeastern United States.
We work closely with you during every phase of the project, from feasibility and scope development, through engineering and construction work, thermal imaging, and demolition as needed.