The idea of micro condominiums, condos that are under 500 sf in size, is not new in densely populated cities such as New York or Tokyo, where sub-500-sf homes are not created to be hip and trendy, but, instead, are created out of necessity.
And while a city like Houston, and its population of just under 2.2 million certainly doesn’t categorize it as small, it also doesn’t make it a very dense city, either, especially when you take into account it is spread across 599.6 square miles (making it the ninth largest U.S. city by land area, ahead of New York, Los Angeles, and Chicago).
And yet, new home developer and builder Surge Homes has just announced its plans to deliver the first micro condos in Houston in 2017. The Hadley Building, part of the Parc at Midtown development, will include 14 micro condos among its total of 28 homes. The $21.6 million, 80-home community, Parc at Midtown, will mark the first Houston development with micro condos available for ownership.
All of the floor plans for Surge Homes’ micro condos will range from 414 sf to 498 sf. Although small, each condo will feature a closed master bedroom, space for entertaining in the living areas, and windows on the front and back exterior walls, providing a wealth of natural light.
While Houston may not be in need of micro condos, market research collected by Surge Homes of nearly 3,400 Houstonians gave some insight into the growing demand among Houston residents for these tiny homes. By being the first developer in Houston to offer micro condos, Surge Homes hopes to parlay its forward-thinking bet on these European-inspired floor plans into increased sales.
And they may already be seeing the payoff. The Parc at Midtown development, which features more traditionally sized homes, as well, has sold 55 percent of its homes in 120 days, making it the third fastest-selling residential subdivision in Houston for the first quarter of 2016, according to Meyers Research LLC.
A typical Hadley Building condominium kitchen featuring optional integrated refrigerator. Image: PRNewsFoto/Surge Homes
Related Stories
Multifamily Housing | Mar 24, 2023
Washington state House passes bill banning single-family zoning
The Washington state House of Representatives recently passed a bill that would legalize duplexes or fourplexes in almost every neighborhood of every city in the state.
Multifamily Housing | Mar 24, 2023
Momentum building for green retrofits in New York City co-ops, condos
Many New York City co-op and condo boards had been resistant to the idea of approving green retrofits and energy-efficiency upgrades, but that reluctance might be in retreat.
Legislation | Mar 24, 2023
New York lawmakers set sights on unsafe lithium-ion batteries used in electric bikes and scooters
Lawmakers in New York City and statewide have moved to quell the growing number of fires caused by lithium-ion batteries used in electric bikes and scooters.
Multifamily Housing | Mar 24, 2023
Multifamily developers offering new car-free projects in car-centric cities
Cities in the South and Southwest have eased zoning rules with parking space mandates in recent years to allow developers to build new housing with less parking.
Multifamily Housing | Mar 24, 2023
Coastal multifamily developers, owners expect huge jump in insurance costs
In Texas and Florida, where Hurricane Ian caused $50 billion in damage last year, insurance costs are nearly 50% higher than in 2022.
Multifamily Housing | Mar 24, 2023
Average size of new apartments dropped sharply in 2022
The average size of new apartments in 2022 dropped sharply in 2022, as tracked by RentCafe. Across the U.S., the average new apartment size was 887 sf, down 30 sf from 2021, which was the largest year-over-year decrease.
Geothermal Technology | Mar 22, 2023
Lendlease secures grants for New York’s largest geothermal residential building
Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, have acquired $4 million in support from the New York State Energy Research and Development Authority to build a geoexchange system at 1 Java Street in Brooklyn. Once completed, the all-electric property will be the largest residential project in New York State to use a geothermal heat exchange system.
Urban Planning | Mar 16, 2023
Three interconnected solutions for 'saving' urban centers
Gensler Co-CEO Andy Cohen explores how the global pandemic affected city life, and gives three solutions for revitalizing these urban centers.
Building Tech | Mar 14, 2023
Reaping the benefits of offsite construction, with ICC's Ryan Colker
Ryan Colker, VP of Innovation at the International Code Council, discusses how municipal regulations and inspections are keeping up with the expansion of off-site manufacturing for commercial construction. Colker speaks with BD+C's John Caulfield.
Multifamily Housing | Mar 14, 2023
Multifamily housing rent rates remain flat in February 2023
Multifamily housing asking rents remained the same for a second straight month in February 2023, at a national average rate of $1,702, according to the new National Multifamily Report from Yardi Matrix. As the economy continues to adjust in the post-pandemic period, year-over-year growth continued its ongoing decline.
