IRVINE, CA—The design trends of newly developed and renovated West Coast multifamily properties actually began on the East Coast, Samuel Simone, senior managing director of locally based national developer Mill Creek Residential, tells GlobeSt.com. Simone, who relocated to California from the Washington, DC, area in 2012, says trends like smaller unit sizes and enhanced common amenities got their start back East, where the recovery from the recession began earlier than out here.

“East Coast multifamily development rebounded quicker from the recession than the West Coast,” says Simone. “The new cycle started on the East Coast and moved west, so we were able to take some East Coast ideas and implement them in the new construction out here. Unit design and mix have evolved significant. The emphasis is on smaller, more-efficient units translating to more cost-effective units for residents. The other concept was to accentuate the amenities.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt. Multifamily Fall 2024Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.