As a plumbing and HVAC firm specializing in multi-family construction, we have collaborated with numerous developers in the Intermountain West area. The multi-family development sector is dynamic and moves quickly. We’ve seen many developers struggle to get their projects built.
One common obstacle faced in multi-family development is the stalling of projects during the planning stages. Delays or project cancellations can happen due to various factors such as community or policy regulations, financial hurdles, or environmental concerns. It’s always frustrating when this happens for everyone involved in developing a project, but there are some ways that the industry can reduce project delays or increase development. [Photo: The Village Apartments, Meridian, Idaho, 2023]
- Community Engagement: Successful projects often begin with a community-focused approach. Engaging with the local community and integrating their feedback early in the planning process is essential. Especially in densely populated areas, community support plays a crucial role in the success of multi-family developments. By prioritizing community engagement, developers can enhance project acceptance and streamline development.
- Embracing New Technologies: Incorporating cutting-edge technologies can significantly improve productivity and the quality of work in multi-family construction. New tools like 3D modeling, Virtual Design and Construction (VDC), and artificial intelligence (AI) can streamline planning and construction processes. By integrating these innovative solutions into their projects, developers can enhance efficiency and overcome traditional barriers to project completion.
- Investing in Green Building Practices: The demand for eco-friendly buildings is rising, with communities increasingly emphasizing energy efficiency and sustainability in construction projects. Developers can benefit from adopting green building practices. These practices will align with environmental goals and attract environmentally conscious tenants and buyers. By leveraging green building certifications, developers can access tax incentives and reduce long-term utility costs, making eco-friendly developments a strategic and appealing choice for sustainable multi-family projects.
The multi-family development industry can overcome hurdles and promote sustainable project development by implementing these strategies. While construction has soared in previous years, it’s beginning to slow in the multi-family sector. That’s a shame because these developments are significant for the community, increase housing access, and can be more affordable housing alternatives. We want to see the industry grow and new developments move forward. That’s why supporting the advancement of multi-family developments is so important to us!
