The booming multifamily sector shows no signs of a significant slowdown heading into 2023. Here is a round up of Giants 400 firms that are driving innovation in this sector:
Clayco and architecture firm FitzGerald completed the 20-story, 330-unit X Phoenix development, a mixed-use residential high-rise in downtown Phoenix that contains, among other rental units, dedicated space for co-living. This shared apartment model is designed to cater to working professionals seeking convenience, community, and modern shared amenity space at more attainable prices in expensive rental markets. The development also includes an indoor bike mezzanine, 105,500-gallon pool, five-story parking garage, and 50,000 sf of shell space that will include a commercial restaurant.
Dahlin Group developed a tiny home prototype, Mod Hive, to help address the affordable housing shortage in Salt Lake City. The prototype works as a small cluster on one lot or a small, planned development consisting of multiple lots. The concept involves an inward-looking site plan that creates a tiny village with space for a community garden, outdoor gathering space, and barbecue/firepit. It replicates the feel of a traditional neighborhood of two-story, single-family detached homes by employing a lower-density configuration at the front of the lot, with higher densities at the rear.
For another tiny house project, Dahlin collaborated with HomeAid Northern California and Firm Foundation Community Housing to design cost-effective tiny home villages sited on church properties, targeted at individuals facing homelessness. This partnership completed its pilot project in February 2020 with additional projects under development in 2021. In the San Francisco Bay Area, affordable multifamily developers expect to spend $700,000 to $1 million per single one-bedroom unit; the pilot village came in at $150,000-$170,000 per unit, with an entitlement process of just 12-18 months.
Dattner Architects had four Passive House projects progress through construction stages in 2021, with Santaella Gardens completed in late 2021 and receiving Passive House Certification in early 2022. These projects provide replicable models for Passive House applications to multifamily affordable housing. Santaella Gardens provides much needed workforce and affordable housing in the Bronx. Its super-insulated, airtight building envelope includes thermally broken, high-performance windows and advanced air sealing details to eliminate condensation and air exfiltration. Rooftop solar photovoltaic panels generate onsite renewable energy, with a capacity of 162.7 kW. The building has a projected energy use intensity of 20.40 kBTU/sqft/yr.
The Hall Arts Residences in the Dallas Arts District joins HKS’s growing portfolio of projects focused on creating superior spaces for the health and well-being of building occupants. The project is the first residential project in Texas to register for WELL Multifamily Certification.
Morrison Hershfield contributed to the launch of the Embodied Carbon Pathfinder, a free app for quickly estimating cradle-to-grave whole-building life cycle assessment results for multifamily buildings. The tool uses thousands of data points that allow users to find “pathways” through design choices to land on a target embodied carbon result. The project is a collaboration with OPEN Technologies and the Athena Institute.
Multifamily Housing | Jun 1, 2023
Income-based electric bills spark debate on whether they would harm or hurt EV and heat pump adoption
Starting in 2024, the electric bills of most Californians could be based not only on how much power they use, but also on how much money they make. Those who have higher incomes would pay more; those with lower incomes would see their electric bills decline - a concept known as income-based electric bills.
Multifamily Housing | May 30, 2023
Boston’s new stretch code requires new multifamily structures to meet Passive House building requirements
Phius certifications are expected to become more common as states and cities boost green building standards. The City of Boston recently adopted Massachusetts’s so-called opt-in building code, a set of sustainability standards that goes beyond the standard state code.
Multifamily Housing | May 30, 2023
Milhaus, Gershman Partners, and Citimark close on $70 million multifamily development in Indy
Versa will bring 233 studio and one- and two-bedroom apartments to Indianapolis's $271 million, Class-A Broad Ripple Village development enterprise.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Multifamily Housing | May 19, 2023
Biden administration beefs up energy efficiency standards on new federally funded housing
The Biden Administration recently moved to require more stringent energy efficiency standards on federally funded housing projects. Developers building homes with taxpayer funds will have to construct to the International Energy Conservation Code (IECC) 2021 for low-density housing and American Society of Heating, Refrigerating and Air-Conditioning Engineers ASHRAE 90.1 for multi-family projects.
Sponsored | Multifamily Housing | May 19, 2023
Shear Wall Selection for Wood-Framed Buildings
From wall bracing to FTAO, there are many ways to secure the walls of a building. Learn how to evaluate which method is best for a project.
Sponsored | Multifamily Housing | May 17, 2023
The Key To Multifamily Access Control — Consistent Resident Experiences
Explore the challenges of multifamily access control and discover the key to consistent user experiences with a resident-first approach and open platforms.
Affordable Housing | May 17, 2023
Affordable housing advocates push for community-owned homes over investment properties
Panelists participating in a recent webinar hosted by the Urban Institute discussed various actions that could help alleviate the nation’s affordable housing crisis. Among the possible remedies: inclusionary zoning policies, various reforms to increase local affordable housing stock, and fees on new development to offset the impact on public infrastructure.
Multifamily Housing | May 16, 2023
Legislators aim to make office-to-housing conversions easier
Lawmakers around the country are looking for ways to spur conversions of office space to residential use.cSuch projects come with challenges such as inadequate plumbing, not enough exterior-facing windows, and footprints that don’t easily lend themselves to residential use. These conditions raise the cost for developers.