Observations

Do Millennials Need Their Space?

Posted 09.08.16
By Paul Zeger
Paul Zeger
Share

Bisnow BMAC West Conference Recap
July 20th, 2016 / Los Angeles

Paul Zeger recently spoke at The Bisnow Annual Multifamily and Mixed Use Conference in Los Angeles. Here are some of his thoughts from the panel discussion, “Creative Solutions Finding and Creating Value.”

We’re finding that Millennials in urban areas have families in mind and want more kid- friendly amenities such as stroller parking and bike/trike sharing. A demand for family- friendly units with more space might mean saying goodbye to traditions like dining areas. Buildings with bike sharing programs will become more common as the need for parking spaces becomes less of a necessity.

Three things that today’s buyer/renter values most: location, efficiency, and community.

For more information on these topics, contact research@polarispacific.com.

Additional Reading
Bisnow's Annual Multifamily Conference
We are
seeing a
trend toward
making units
more family
friendly.

Don't Miss a Thing.