A fascinating article written by Tim Blackwell, concerning lowering building construction costs to respond to renter demands.
Noticing the importance of efficiency costs to potential renters, CEO Mark Humphreys believes lowering the building costs needs to be done. His Dallas-based architectural firm is focusing on creating efficient design concepts such as their most popular design, e-Urban. E-Urban has an 86-88% efficiency rating with lower construction costs. This design has also increased total rentable space due to the reduction or absence of corridors, better positioning of elevators, parking spaces, and common areas.
With efficient design concepts, developers get more for their money on construction costs.
Read full article here: https://www.propertymanagementinsider.com/efficiency-design-cost-saving-apartment-concepts
