Posts tagged ‘housing’

June 28, 2017, 9:00 am

The Implications of an Aging Population on Facility Managers

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Facility managers know every demographic and societal shift has its effect. When populations flocked to the suburbs, the demand for downtown multifamily facilities decreased while the demand for offices and retail centers with parking facilities increased. Recently, the purchasing power of millennials has made all things tech and green popular. As our society grow older, we will see another shift again.

According to leading U.S. demographer, John Maketa, “One baby boomer is retiring in this country every eight seconds.” The U.S. census bureau estimates that by 2050, the number of Americans over 65 will be double what it was in 2010, reaching 88.5 million people. And the number of Americans over 85 will triple, reaching 19 million. Everyone will need comfortable, safe places to live, work and play.

When it comes to housing, many members of our aging population will seek out multifamily buildings for the sake of convenience and community. Facility managers suddenly catering to older tenants will adjust to this population’s needs by developing a hyper-focus on physically safe spaces without losing focus on smooth day-to-day operation. That means reliable mechanical systems enabling healthy spaces will be more important than ever.

Outside of the home, commercial and public spaces will need to be managed with the aging in mind. Hospitality, workplace, healthcare and retail spaces will all need to be accessible, for example, by featuring wider hallways and doorways. Beyond being accessible, these spaces will also need to provide reliable, trouble-free comfort.

Ultimately, facility managers can be a voice for the aging, urging building owners or HOA boards to go beyond requirements. Separate entrances that accommodate this population can be stigmatizing, for example, as can systems focused on just a few individuals, like personal air purifiers. Facility managers can help ensure that a facility is welcoming to an aging populace. It’s a responsibility and an opportunity, and it’s one that will only feel more urgent as our population ages.

To read more about building livable communities, check out the most recent Facility Management newsletter here.

Written by MitsubishiHVAC
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February 21, 2017, 9:00 am

The Trend Toward Socially Conscious Multifamily Facilities

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The multifamily sector is seeing an amenities arms race. Residents want more and more, and the desired amenities now branch beyond obvious offerings like concierge services and rooftop terraces. Many new amenities are designed to draw in socially conscious tenants.

Building Design + Construction magazine recently named some popular new amenities. Among them were bike storage and car-sharing services – amenities that help tenants live a more socially responsible lifestyle. Likewise when it comes to new technology, tenants want amenities that help them (and the broader community) live sustainably, like advanced controls for HVAC and lighting systems.

Some tenants are socially conscious enough that they’re taking it a step further and signing so-called “green leases.” Green Building & Design magazine notes that in Boston’s Allston Green District, residents must sign a Green Declaration. In doing so, they commit to activities like minimizing energy and water usage, recycling and using public transit – the idea being that not only must the building be green, but so must its tenants. That might sound like a tall order, but finding tenants was no problem for this neighborhood: every unit was preleased before the building was completed.

Of course, not all tenants are ready for a green lease. Some just want to live in a building with green practices – particularly recycling. A recent National Multifamily Housing Council survey found that 80 percent of tenants consider recycling a “top lease decision factor,” and are willing to pay more in rent for that amenity.

This trend toward social consciousness may seem intimidating, but facility managers can rest assured that even small steps can make a difference. For example, a simple recycling program can help attract the new – and large – generation of socially conscious tenants. And those facility managers who can push broader green programs – they’ll be in good company!

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Written by MitsubishiHVAC
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