JACKSONVILLE, FL-Imagine living in a parking garage or a tiny closet-sized apartment with secret compartments. Or how about living with your luxury car in the next room? All of these ideas are becoming realty as developers are getting creative to satisfy the demands of different types of dwellers.
If you'd like to have your car as a roommate, it won't come cheap. In Sunny Isles Beach, near Miami, luxury car brand Porsche and Dezer Development have created a concept for a new condominium building where cars are the focal point of the design. The building—called "The Porsche Design Tower"—is around 60-stories high and houses 132 units. The market for these car-lover condos is in the millions and will target the globe's billionaires, hoping to open in 2016.
So how do you incorporate cars into a condo building? It's easy—you create "sky garages" that enable residents to keep tabs on their metal friends while sitting in the comfort of their own homes. To get your gas-guzzling babies up to your condo, the building features innovative glass elevators that carry you and your vehicle straight up to your condo's garage.
Don't have the money to spend on a million dollar car condo? Then you might be interested in the "micro apartment" lifestyle. These tiny apartments are about half the price of your average one-bedroom unit but also are half the space.
Ranging around 300 to 500 square feet in living space, these new units are popping up in highly-populated urban areas. According to the Wall Street Journal, because of rent costs rising throughout the nation, "developers believe that single people in their 20s and 30s will accept less space in exchange for lower rent, even in cities where rent levels aren't especially lofty." WSJ references New York, Seattle, and Washington, D.C. as the common areas where you'll find these apartments gaining popularity.
Renters don't have to give up all of their space though. Most "micro apartments" have social areas in their lobbies or are equipped with restaurants in the building, offering alternative space to socialize with friends and family. The market for this type of unit is aimed at people who have a busy lifestyle and don't spend too much time at home.
Now, what about the parking garages? No, we don't expect you to want to be homeless. What is actually being suggested is living in a newly renovated parking garage that was transformed into a fresh, new apartment building. To meet the demands of housing in urban areas, developers decided that it might be in their best interests to flip their concrete car storage units. Especially since less and less people in big cities drive cars.
Tom Fisher, dean of the University of Minnesota's College of Design and leading developer of parking garages gone housing in Minneapolis, recently said that the reasoning behind this big change is "People will still have cars, they won't disappear, but the mass storage of autos because everyone's on a 9-to-5 schedule will definitely decrease."
So whatever kind of living situation you're in, know that developers are looking out for their consumers. Whether you can't afford rent in the big city or are really attached to your car, home builders in the US are getting creative to satisfy your needs.
Patrick Cruz is the founder and CEO of Jax Media Team, a Jacksonville, FL-based web marketing firm. Patrick has worked with Dream Town Realty for several years amongst other high-profile clients in expanding their web presence. The views expressed in this column are the author's own.
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