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Reviving Multifamily Housing Development: - page 9 / 28

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DEMOGRAPHIC TRENDS – URBAN RESHAPING FAVORABLE IMPLICATIONS FOR MULTIFAMILY

March 23, 2010

¾ Intown areas and inner suburbs will remain on an upward trajectory

  • Diversity, walkability and proximity to 24/7 places will be

keys to site selection and premiums

  • Renters will represent a steady stream of demand

  • Gen Y will shift toward homeownership in 2018

  • Product types -- smaller and affordable and should have

focus on design over size ¾ Suburbs will need to evolve to remain attractive to Gen Y

  • More walkable areas, including new and existing town centers – urbanizing suburban commercial nodes

  • Master-planned communities with greater variety of product and higher connectivity

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