Student housing construction dips in the first quarter of 2024
Investment in college dorms dipped slightly in the first quarter of 2024, but remains higher than a year ago.
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Investment in college dorms dipped slightly in the first quarter of 2024, but remains higher than a year ago.
In Brooklyn, New York’s Williamsburg neighborhood, the new One Domino Square is the first condominium development and the third ground-up residential building on the site of the Domino Sugar refinery. The 700,000-sf project is adjacent to Domino Square and anchors a new 11-acre public park.
In a step toward updating and modernizing on-campus housing to attract a range of students, Texas-based Pfluger Architects renovated the student lounges in Kinsolving Hall, a five-story, all-girls dormitory at The University of Texas at Austin initially built in 1958.
The University of Maine recently unveiled the world’s largest 3D printer said to be able to create entire neighborhoods. The machine is four times larger than a preceding model that was first tested in 2019. The older model was used to create a 600 sf single-family home made of recyclable wood fiber and bio-resin materials.
As cities grow ever more crowded, multifamily housing construction is more necessary than ever. Finding ways to compress housing into smaller spaces while still creating true homes calls for a complex blend of innovative design and engineering.
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.
The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.
Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.
The 65-and-over population is growing faster than any other age group. Architects, engineers, and contractors are coming up with creative senior housing solutions to better serve this burgeoning cohort.
Single-family rentals are continuing to grow in built-to-rent communities. Both rent and occupancy growth have been strong in recent months while remaining a financially viable option for renters.
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix.
The 2023 Multifamily Giants get creative to solve the affordability crisis, while helping their developer clients build faster and more economically.
Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.
New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.