High Profile: Boutique, Resort-Style Multifamily Sees Continued Growth

By: Michael Procopio

Throughout Greater Boston, we’ve undoubtedly seen a shift in recent years towards more boutique multifamily properties, offering luxury amenities and an experience that lives like a hotel.

ULI’s 2021 Emerging Trends report notes that within future developments, one will need to consider the renter or buyer’s expectation for “an array of services…that blends working, eating, sleeping, and playing.” It’s clear that in the past decade, more and more multifamily projects, even in the suburbs, are centering around transit-oriented development and locations offering convenience to local shopping and restaurants without the need for a vehicle. The pandemic has also exacerbated desires for improved technology throughout properties, whether for cleaning and safety or improved work from home capabilities.

Touchless technologies and flexible amenities providing a variety of work from home options have become critical. The Procopio Companies’ multifamily properties offer smart locks and touchless entries, so you can call an elevator or open a door from your phone, without touching either. We anticipate an accelerated implementation of technology throughout multifamily developments across the … [FULL ARTICLE]

By: Michael Procopio

Throughout Greater Boston, we’ve undoubtedly seen a shift in recent years towards more boutique multifamily properties, offering luxury amenities and an experience that lives like a hotel.

ULI’s 2021 Emerging Trends report notes that within future developments, one will need to consider the renter or buyer’s expectation for “an array of services…that blends working, eating, sleeping, and playing.” It’s clear that in the past decade, more and more multifamily projects, even in the suburbs, are centering around transit-oriented development and locations offering convenience to local shopping and restaurants without the need for a vehicle. The pandemic has also exacerbated desires for improved technology throughout properties, whether for cleaning and safety or improved work from home capabilities.

Touchless technologies and flexible amenities providing a variety of work from home options have become critical. The Procopio Companies’ multifamily properties offer smart locks and touchless entries, so you can call an elevator or open a door from your phone, without touching either. We anticipate an accelerated implementation of technology throughout multifamily developments across the … [FULL ARTICLE]

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