There are many trends to consider for Houston commercial construction for multifamily buildings. New construction for multifamily is continuing to increase so far this year. To get the most ROI from your multifamily construction project, it’s essential to know the current trends. These trends are what renters are looking for from apartments, condos, and other multifamily housing. In this article, we’ll discuss some of these trends to consider for your construction project.
Houston Commercial Construction for Multifamily
Current industry forecasts predict that 2022 is going to be a big year for multifamily construction. The population continues to grow in key markets, including throughout the state of Texas, and more and more people are looking for affordable housing. While 2021 was a huge year for multifamily, experts don’t expect that to decrease any time soon.
What’s more, Houston is at the top of the list for multifamily growth. The Greater Houston area is one of the top 10 hottest multifamily markets in the U.S., up there with cities like New York, Seattle, and Los Angeles. Many developers are using this time of growth to invest in new Houston commercial construction for multifamily buildings and gain huge returns.
Trends for Multifamily Buildings
However, it’s important to keep in mind that not all multifamily construction projects are the same. There are some trends that renters are looking for in a multifamily community. Knowing these trends can help make your property more desirable and profitable in the long-run. Your Houston design build team can help you create a community tailored to your target market based on current trends in the industry. However, here are some things to keep in mind.
There are a few multifamily trends in 2022 that may influence your building’s design. With remote and hybrid work quickly becoming the norm for many industries, many people now look for spaces that work for both work and home life. This means adding extra space in units for desks and work from home setups, but many communities are also creating community work spaces, like coworking areas and reservable private offices or conference rooms.
Also, it’s important to note that pet ownership has skyrocketed since lockdowns of 2020. Therefore, many multifamily property designs now include pet specific amenities, such as dog parks and dog washing stations.
Let’s not forget that the desire for sustainability and energy efficiency continues to rise for most renters. It’s important to incorporate these ideals into your plans for Houston commercial construction. Even small additions, like increasing the number of windows, can have a huge impact on energy use, which not only saves renters and property owners money, but also reduces their carbon footprints.
Mail rooms are also becoming a bigger focal point for multifamily design. What used to be more of an afterthought is quickly taking center stage with the increase in online shopping. Making sure you have a large, secure area for mailed packages is a must-have for many renters.
Choose GRA – Gulf Coast Construction for Commercial Construction Services
Our team at GRA – Gulf Coast Construction offers top quality construction services for commercial and industrial properties. We offer turnkey services from land acquisition and estimating to field supervision and project management. You can trust us with your project, no matter how big or small. We offer years of experience providing unparalleled construction solutions for a wide range of projects, including Houston metal building construction and tilt wall construction. Get in touch now for a free construction consultation with our experts.