The Current Housing Market
Across the country, there is an ever-growing need for housing. In 2021, multifamily housing activity ended on a strong note. In the United States, an estimated 1.3 million housing units were completed in 2021, a 4 percent increase from the 1.2 million units in 2020 (Strong). Apart from the steady and increasing demands, there are several other challenges to consider when designing a new multifamily project. With current material shortages and increasing land costs, developers must balance numerous complex variables to make potential projects viable.
Addressing a Need in Omaha, Denver, and Around the Country
Holland Basham Architects has had significant experience with various multifamily projects in our Omaha, Nebraska, and Denver, Colorado offices. Our team’s experience with multifamily housing also expands into Fort Worth, Texas, and throughout the Midwest region catering to the specific needs of ever-growing cities. In Denver, our team has seen the multifamily housing market skyrocket over the past decade. Our team has responded with innovative tools to provide our clients with the right information to make informed decisions to adapt to the challenges.
Providing Value Through Experience and Innovative Tools
Holland Basham’s approach to each project is tailored to the specific needs of each client and the complex factors driving each project. The collective amenity offering has become increasingly important as multifamily design shifts toward a hospitality-driven look and feel. Tenants are progressively looking for high-quality features and access to conveniences. Thus, understanding the critical nature of amenities for our client’s projects, varying greatly between markets and neighborhoods, we have developed a tool to compile data to assist our clients with valuable insight to identify the ideal amenity offerings for a given project and location. Our team’s market analysis tool collects data to present options specific to the site and scope that the client has requested. Using the knowledge that has been attained, the team can also keep up with current trends, strive for more efficient products and processes, and, ultimately, create the best design for the specific project.
Want to learn more?
Our team would love the opportunity to meet with you to discuss how we can provide knowledge and a collaborative partnership for your next housing project.
Strong, S. (2022, January 19). Housing Activity in 2021 Ends On Strong Note. Builder.