The New Approach to Condo Development

December 7, 2012 - Updated: December 7, 2012

While it is safe to say that there is no shortage of people in Toronto that call a condo their home, there is a new sense of what a condo should be from a communal perspective that is. Many condo developers are taking a new approach to how they are building and designing their condos to address this new perspective.

With more and more emphasis being placed not only on unit amenities, but also the building amenities that are offered to occupants, forward thinking developers have begun to implement these considerations into new projects.

Developers are now thinking about their projects outside of just unit layouts and other typical components of condo developments. Developers want to create a space within the building that people will want to hang out in and spend time. This is why we have seen an increase in things like coffee shops and other social spaces in the lobbies of condo buildings.

And, the truth is that condo residents of all ages want to embrace socialization opportunities not only in their neighborhood, but also within their building. This is why we have seen an increase in people using social spaces to read a book, surf the net, or just hang out.

It is all about the common areas

Common areas have become the focus of occupants and developers alike. More and more people are spending more time in the common areas of their building. Therefore, condo developers have begun to shift their focus on improving these common areas.

Here are some of the newer innovations that we are beginning to see in common areas of condos:

  • Café tables: Adding a few café tables gives people another place to sit and relax. We are seeing them in lobbies, at the end of hallways, and other common spaces throughout the building.
     
  • More inviting exercise space: No longer are we seeing gyms with a treadmill and a couple machines. We are now seeing more extensive set-ups that are more like fitness clubs with lounge areas and spa-like features.
     
  • Retail: Many developments are adding retail space such as bookstores, pubs, cafes, and small markets in the base of buildings.
     
  • Top of the line entertainment: Many developments have advantaged theatre rooms, basketball courts, games rooms, and even bowling alleys.
     
  • Libraries: These are popular with book and coffee lovers alike. A great place to get some work done, have a chat with friends, or exchange books with others.
     
  • Party rooms take to the next level: Many party rooms now look to resemble high end living rooms with elaborate set ups, fireplaces, bars, and patios.

The goal of new developments

The overall goal of these new developments is to create a level of communal comfort with residents. Developments want residents to feel as comfortable within the hallways of the building as they do in their own units.

A second goal of these building is to spread out the amenities throughout the space of the building. This will give residents the opportunity to explore the building a little more, rather than having everything housed on one floor like a central amenity hub. Think of this concept as creating a neighborhood within the building. Residents will want to walk around and explore.

This new approach to new developments is transforming the ideal of condos from single units. The focus is becoming less on the unit and more on the overall experience that residents will feel when living in that building.


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