Over the last several months, we have been conducting research to understand the trends that will be driving residential and commercial design-build in the Capital District. We interviewed dozens of business owners, homeowners and developers and compared their needs to predicted design trends from industry experts. Additionally, we looked at business and demographic data.
What is clear is that 2016 represents a time of renaissance, renovation, redesign and refresh in the Capital District. For example, employment from new and expanding technology businesses has led to the renaissance of historic buildings such as the Wellington Row properties renovation, the redesign of old warehouse space into a new Druthers Brewing Company restaurant venue in Albany, and the plans to convert the apartments and retail space in the Troy Record Building.
Additionally, local baby boomers are redesigning and refreshing their homes in order to age in place. Design changes include wider hallways, lower windows and first floor bedrooms and full baths. Additionally, baby boomers along with millennials are moving into apartments, which are increasing multi-family housing projects in the area.
Our research also showed the number one trend across commercial and residential properties in the Capital District is creating healthier havens. Factors people mentioned were the use of natural and sustainable materials; the move toward simplicity; incorporation of wellness rooms; and use of smart technology.
In our next blog, we will discuss these factors. We’d love to hear your views.
Photo: Courtesy of Joe Putrock
