Resident preferences are changing. How can condos keep up?

Dania Beach, Fla. (January 25, 2024)
 

President of FirstService Residential North, John Brea, shares 5 key audiences moving into vertical communities

The types of amenities that were once popular in condos have changed. Residents are no longer looking for just a place to call home; they’re seeking a lively and interactive environment where they can live, work, and play. They look for communities that offer something special for themselves and their families.

1. For the younger generations
   
   Families with young children are becoming much more prominent in condos, and with that, creating spaces that are specifically geared toward younger residents is increasingly important.
   
   New developments are being designed to include an outdoor playground, and indoor amenities that are gaining more traction are playrooms, craft rooms, or an area that combines both. Activities being considered for these spaces include chalkboard walls or something similar that can easily be drawn on, cleaned, and used repeatedly, as well as a sink to keep post-craft clean-up simple.
    
2. For the working professionals
   
   A condo unit doesn’t always provide the best atmosphere for those working remotely or in hybrid mode. To help residents who may need a quieter place to take a call or focus on a big project, co-working or wireless workspaces are being added as an amenity. These rooms are equipped with internet, desks, and tables for residents to work from; this way, they can simply arrive with their laptops and headphones, ready to take on the day with minimal distractions.
    
3. For the empty nesters
   
   More empty nesters are choosing to downsize from their single-family homes to condo communities, allowing them to worry less about the maintenance and upkeep that comes with homeownership and giving them the opportunity to age in place. As a result, developers are incorporating units designed with more accessibility in mind, including walk-in showers, larger entryways, and lower counters that can accommodate a wheelchair.

Click the link below to read the full article from CondoBusiness.
https://www.reminetwork.com/articles/condo-amenities-demographics/