How Builders are Responding to Changing Times

Connecticut, like many states, has deemed construction as an essential business. Builders and developers have quickly adapted to make worksites and client interactions safe for all. 

According to a recent survey of NAHB members, several measures are being implemented that allow the construction industry to continue to build and sell homes. 

The majority of those who responded stated that non-construction employees are working from home during these times. Also, instead of open hours for tours, 59% of those surveyed are scheduling private showings. 

Though not mentioned in the survey, many builders are also implementing virtual options. At the Residences at 66 High Street, interested parties can either schedule a private showing (two people per showing), or a virtual showing. We are able to utilize technology to best fit the needs of every individual. 

Even with an essential business status, not all construction jobs have continued. Of those surveyed, 48% have halted construction projects, or will do so in the near future. Fortunately, however, only 25% have needed to lay off or furlough workers. 

At The Horton Group, we continue to make adaptations and follow CDC guidelines so we can continue to move forward safely. 

 

Community Spaces in Development: More Important than Ever

We’re all seeing it: the Zoom calls, car parades, and balcony gatherings. People are supporting local businesses, showing thanks to those on the front lines, and donating to those in need. 

Even though we are physically separated, our communities are growing stronger than ever. It’s made us think about the growing trend we have seen in new developments – one that will likely continue long after this has passed. 

Master Planned Communities

From developments with single-family homes to mixed-use construction, developers have been focusing on incorporating more community spaces over the past few years.

At 66 High Street, the pool, once installed, will be a gathering place in summer. Before the current health crisis, residents often walked downtown together, and met up in each other’s units for a glass of wine and some conversation.  

At Overland Lofts in Springfield, community spaces will be available for residents only. Since the building is mixed-use, there will also be stores, cafes, and restaurants that people from all over downtown can enjoy together. 

Developments all over the country have already started adding in more community spaces. Why? Because it brings people together. Now, more than ever, we see how important connection is. 

What to Watch For

One thing we’ve all learned recently is that connection can still happen when we are separated. While we know developers will continue incorporating spaces for gathering in person, we anticipate that builders will also start thinking about how to integrate technology. Here are some things to watch for in development, according to Best in American Living:

  1. Personalized concierge sales experiences, including a mix of technology and human interaction.
  2. New ways to access amenities so people can gather utilizing technology. 
  3. Tech-enabled events and participation, such as online book clubs, art classes, or movie nights.
  4. Greater integration between homebuilders and community developers throughout real estate transactions, including virtual tours for potential buyers. 
  5. Doubling down on outdoor spaces for walking, biking, and gathering. 

 

What would you like to see in a residential development? Let us know!

Website Built with WordPress.com.

Up ↑