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.
Related Stories
MFPRO+ Special Reports | Feb 22, 2024
Crystal Lagoons: A deep dive into real estate's most extreme guest amenity
These year-round, manmade, crystal clear blue lagoons offer a groundbreaking technology with immense potential to redefine the concept of water amenities. However, navigating regulatory challenges and ensuring long-term sustainability are crucial to success with Crystal Lagoons.
Building Tech | Feb 20, 2024
Construction method featuring LEGO-like bricks wins global innovation award
A new construction method featuring LEGO-like bricks made from a renewable composite material took first place for building innovations at the 2024 JEC Composites Innovation Awards in Paris, France.
Student Housing | Feb 19, 2024
UC Law San Francisco’s newest building provides student housing at below-market rental rates
Located in San Francisco’s Tenderloin and Civic Center neighborhoods, UC Law SF’s newest building helps address the city’s housing crisis by providing student housing at below-market rental rates. The $282 million, 365,000-sf facility at 198 McAllister Street enables students to live on campus while also helping to regenerate the neighborhood.
Multifamily Housing | Feb 16, 2024
5 emerging multifamily trends for 2024
As priorities realign and demographic landscapes transform, multifamily designers and developers find themselves in a continuous state of adaptation to resonate with residents.
MFPRO+ News | Feb 15, 2024
UL Solutions launches indoor environmental quality verification designation for building construction projects
UL Solutions recently launched UL Verified Healthy Building Mark for New Construction, an indoor environmental quality verification designation for building construction projects.
MFPRO+ News | Feb 15, 2024
Nine states pledge to transition to heat pumps for residential HVAC and water heating
Nine states have signed a joint agreement to accelerate the transition to residential building electrification by significantly expanding heat pump sales to meet heating, cooling, and water heating demand. The Memorandum of Understanding was signed by directors of environmental agencies from California, Colorado, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, and Rhode Island.
MFPRO+ News | Feb 15, 2024
Oregon, California, Maine among states enacting policies to spur construction of missing middle housing
Although the number of new apartment building units recently reached the highest point in nearly 50 years, construction of duplexes, triplexes, and other buildings of from two to nine units made up just 1% of new housing units built in 2022. A few states have recently enacted new laws to spur more construction of these missing middle housing options.
Multifamily Housing | Feb 14, 2024
Multifamily rent remains flat at $1,710 in January
The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.
Sustainability | Feb 7, 2024
9 states pledge to accelerate transition to clean residential buildings
States from coast to coast have signed a joint agreement to accelerate the transition to pollution-free residential buildings by significantly expanding heat pump sales to meet heating, cooling, and water heating demand in coming years.
Multifamily Housing | Feb 5, 2024
Wood Partners transfers all property management operations to Greystar
Greystar and Wood have entered into a long-term agreement whereby Greystar will serve as property manager for all current and future Wood developed and owned assets.