Apartment Living, Millennial Style | Millennial Marketing
The Ace on West 29th Street, for example, has had a strong millennial following since it opened in 2010 thanks to an art gallery in the lobby, farm-to-table restaurant, coffee bar and event space.
While some of the features sought after by renters are consistent across age groups, millennial tenants are leading the way with demand for more creative, community-building amenities at multifamily communities. The largest generation in the U.S., millennials are pushing multifamily owners and.
With that said, they aren’t the easiest bunch to please. Most millennial renters are looking for a specific set of features in their rental property. 1. Central Location Most millennial renters want to be as close as possible to many things, which is why they prefer urban, apartment-style living.
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Designing Apartments for the Millennial Demographic.. combining with the ceiling height to convey a loft-style roominess and transparent views.. Right-Size the Apartment: Properly designed.
Baby Boomers may not be the largest group of renters compared to their Millennial counterparts, however, it is apparent that they are making their mark within the multifamily industry today and the near future as we should expect to see more senior living developments or active adult facilities within the next few years to come.
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A week or so ago, I blogged on my daughter’s reaction to a study allegedly sharing insights into how you need market to millennials differently than everyone else. I got so many responses to the raw honesty and insight, I thought I’d go back to the D2 Demand Solutions Millennial Focus Group (again, really just my 23-year old daughter who is a renter) and ask her what she thought about the.
Although co-working is a familiar concept at this point, this new real estate trend will take communal living to a new level with accompanying dorm space for living. The developer envisions this space as a dorm for Millennials, and will feature 21 micro units, each consisting of a tiny kitchen, bathroom, bedroom and living space in 300 square feet.
But Weiss fits best among a cohort of millennial founders. From the windows of Weiss’s living room, you can see the.
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