Brenda Brady Design LLC
Trends in Multi Family Housing
Demand for apartment rentals was up 21% in 2012 according to an ASID report. Rental market is high in demand and will continue for the next 5-10 years.
Several points of interest in this market are:
Thanks to funding from WHEDA in Wisconsin, there are beautiful, affordable multi family facilities popping up! I've had the opportunity to design a variety of multi family interiors.
One current trend is the re-purposing of older school buildings. A recent project was actually funded additionally by the historical society in the Milwaukee area. We kept the old school lockers - using the original yellow paint color. The school's display cases show off old memorabilia - trophies, books, uniforms and musical instruments from the past. The apartments are beautiful with full height windows and maple restored wood floors.
Another trend is to have a community room (required by WHEDA) with seating, TV, games, table/chairs and kitchen available for entertaining and events. There is a business center that provides access for all ages to use internet.
Finally another trend that is essential to our future - Applicants are encouraged to use WI Green Built Home Certification for points. Public transportation gains points as well as adaptive re-use.
What a joy it has been to work on these green, adaptive re-use projects!
I recently found this term, "gray tsunami" used in senior housing articles. Evidently the term refers to the baby boomers taking the senior housing industry by storm! Into a new era! Increased demand for services and healthcare provisions.
Here is what (we) baby boomers will be wanting in their senior facilities:
Developers, architects, interior designers and facility managers - Be prepared, here comes the Gray Tsunami!!
Brenda L. Brady, ASID is a commercial interior designer with over 20 years of expertise in senior facilities, corporate offices, labs and healthcare design.