Hickory Flats is a multi-family residential project featuring 100 apartment units,
two courtyards, and a multitude of amenities, including a large
club room, an outdoor dining patio, and an oversized hot tub for residents to enjoy.
One of the most active sectors in commercial development is multifamily residential construction. Projects of varying density are being built, not just in urban areas but also in the suburbs as the need for housing increases, particularly for young professionals. Most of these projects are four or five story stud framed construction over a concrete podium that is used for other commercial purposes such as retail or parking.
Particularly in urban projects, the residential is often employed as a “wrapper” around a multi-story parking structure to be used by residents as well as other nearby commercial enterprises, sometimes referred to as a “Texas donut”. Another common configuration is also a donut with a common courtyard in the middle providing daylight to the interior units and an amenity to be shared by the tenants. The courtyard may include a pool or simply landscape, lawn, seating, trellis structures and grilles for cookouts.
Other typical amenities include the more traditional common rooms with lounge seating and multiple screens, exercise rooms, and rooftop terraces. In the era of work-from-home, we have incorporated conference rooms and smaller individual pods for video meetings. Also, with many residents having dogs, there are more pet amenities being included in the overall leasing strategy.
There are many parameters that dictate the unit mix but most of the projects that JP2 has worked on lean heavily towards, one-bedroom and junior one-bedroom with a share of two-bedroom units. In urban projects there are typically a few more studio apartments. Apartment sizes in general are getting smaller as developers push for greater efficiency and architects have learned what is essential for a comfortable living environment.