November 13, 2020

Multi-Family Developments and COVID-19

After the rise of COVID-19 back in March, it was unclear if multi-family developments would take a toll. Because multi-family units are more at risk of a viral spread than those in single-family homes, developers had to go through innovative precautionary measures to ensure the safety of resident wellbeing in both existing locations and pre-construction ones. Based on current trends thus far that show promising results, here are some documented ideologies that residents may have to adapt, or already have.

Improved Ventilation

From allowing fresher air inside to advanced ventilation restructuring, air quality is a prime factor, as it should be. COVID-19 is known for being an airborne virus, so striving for better air circulation should help fight against the spread of the virus. Simple air duct upgrades and perhaps redesigning to add in balconies could all be excellent solutions. Not to mention right now there is a profound desire for outside world connection, and an open balcony can give residents a bit of psychological relief.

Virtual Tours

Though virtual tours have been evolving heavily throughout recent years, it is likely to become much more utilized and seen as essential. While in the middle of COVID-19, this is a way for multi-family developers to still showcase their vacant units to seekers while still maintaining social distancing standards. They are able to virtually walk through the unit and see if it is something they would be interested in from the comfort of their current home. This makes virtual touring not only a safety regulation during the pandemic, but a competitive market advantage to reach many more potential buyers due to the convenience it has.

Work from Home Alterations

Millions of people have been forced to work from home for the last several months. Even though society is slowly opening back up, there are still many people who are opting for remote work due to fear of viral exposure. Because of this, multi-family homes have seen a rising need for things such as bandwidth and desire for working space alterations to accommodate this new lifestyle. With this, many multi-family homes have become much more flexible when it comes to common area utilization, allowing people to diversify their space usage to accommodate their working/life needs. This, along with increasing connection services, can help support people long-term or until they can safely return to back work as before.

Economic Reality of COVID-19

The economic reality of COVID-19 means that multi-family development will shift to a new norm. Current structures may begin or have already started, implementing social distancing practices such as leveraging technology and redesigning spaces to optimize safety. But, as with anything, hindsight is 20/20. No one knows for sure when this pandemic will end, which is why developers are working diligently to come up with win-win scenarios to favor both sides. Regardless of knowing the timeline of what to expect, multi-family development personnel are working hard at making sure residents can be confident that they are as safe as possible now, and well into the future.

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