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Competition on MF Amenities to Increase | Tony Seruga
Dec
15

Competition on MF Amenities to Increase

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Crescent Heights’ Walton on the Park tower in downtown Chicago also includes a meditation garden

CHICAGO—Multifamily developers once considered it sufficient to include a pool and clubhouse in new communities, but renters and buyers alike are beginning to expect more, and 2016 should see increased competition among builders to provide unique amenities.

“We’re seeing an evolution to more emphasis on overall wellness rather than strictly entertainment and recreation,”David Kennedy, principal at KTGY Architecture + Planning’s Chicago/Midwest office, tells GlobeSt.com. “And this is not just happening on the East Coast or West Coast; it’s a national phenomenon.”…

Competition on MF Amenities to Increase

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