Art galleries, Bocce courts and farm-to-table restaurants serving up produce grown on-site: Not the amenity list at a Millennial-focused apartment complex but features at recent developments by Benchmark Senior Living, led by CEO Tom Grape.
With the introduction of COVID-19, many trends in amenity programming have become accelerated and are expected to continue to impact the multifamily going forward.
Now, more than ever, we must work to balance the complexity placed on those spaces, especially those that could see hundreds of people each day passing through.
As residential units get smaller, we need to rethink how we design amenity spaces to support and cultivate a community feel. Today’s residents expect to be able to manage their hectic lives through integration with their phones.
With more than 2,000 new luxury high-rise units scheduled for completion in downtown Boston by next spring, the stakes are high to deliver the latest eye-catching amenity packages to boost preleasing.
Industry observers have described an “amenities war” among multifamily properties in cities like Boston, New York City and San Francisco. Properties are adding everything from pools to pet spas to golf simulators, but how often are these amenities actually used?
Copley Wolff Design Group has an increasingly important seat at the table when project teams meet to map out new developments that put open space in the forefront. Ian Ramey joined the firm as principal in 2015 after 19 years at Morgan Wheelock, Carol R. Johnson Assoc. and Shadley Assoc.
Cottonwood Management’s groundbreaking ceremony on its new $900 million, three-tower Seaport District development was more than just the latest mega-project to hit Boston via a new development player in town.
It’s a real estate question that historically has had an easy answer: Do single-family detached homes appreciate in value faster than condominiums?
