Posts Tagged ‘Capital Outlay’

p style=text-align:center;a rel=nofollow target=_blank href=http://www.pkstudiosblog.com/wp-content/uploads/2009/09/Ole-Paseo-Clubhouse_005.jpgimg class=aligncenter size-full wp-image-665 title=Ole-Paseo Clubhouse_005 src=http://www.pkstudiosblog.com/wp-content/uploads/2009/09/Ole-Paseo-Clubhouse_005.jpg alt=Ole-Paseo Clubhouse_005 width=500 height=333//a/pp style=text-align:center;strongemWhat does the future community look like? /em/strong/ppAs architects, we#8217;re always thinking about cutting-edge design and how we can best advise our clients. When it comes to master planned communities, predicting future trends and consumer needs is ultra-important because of the long time span of construction and enormous capital outlay./ppWe need to think 5, 10, 20 years ahead of our time, because that#8217;s when sales and re-sales are going to occur and the concept of the community will be tested in the market. At times, it#8217;s a scary thought. But we accept the challenge with open arms and sharpened pencils./ppRecently at PK Studios, we#8217;ve really focused on looking at communities, and particularly #8211; clubhouses. We dusted off the crystal ball we#8217;ve been hiding in the mezzanine./ppTrying to come up with a future master planning concept is not an easy feat. We#8217;ve spent countless hours pouring over data, researching trends, understanding our target demographics, and interacting with other thinkers in the architectural and planning communities./ppstrongSo what do we think?/strong/ppTo understand the buying habits of consumers, we first need to understand the consumer. The US population of those aged 55-64 is rising rapidly, and will be about 35+ million by 2015. These are not your #8220;father#8217;s retirees.#8221; They love interaction, activity, experiencing new things, diversity, and a host of modern amenities. Until the current recession, they also had the money to back it up. But don#8217;t be fooled #8211; to a large extent, they still do./ppThe trends of what people want are pretty clear #8211; golf is down but not out, while outdoor activities like walking are in. So are fitness centers, spas, and cultural activities. #8220;Green#8221; hasn#8217;t caught on yet, but the indicators may be a few years behind, and eco-friendly living has the potential to emexplode /emout of the gate and into the spotlight./ppConsumers are increasingly inter-connected, Internet-ized, and pushed to get more done in less time. At the same time, they love the interaction of being with other people and want opportunities to connect on a personal level. Oh yeah, and they hate being thought of as #8220;old.#8221;/ppstrongTranslating Demand/strong/ppWith everything we know and trends we can measure, the challenge becomes designing a community that people will cherish for decades to come./ppWe believe we have the right solution. What are some of the components of our dream community?/pulliResort-style living./liliProximity and activity./lili#8216;Village Centers#8217; (like a rel=nofollow target=_blank href=http://www.pkstudiosblog.com/2009/05/project-profile-ole-at-lely-clubhouse/Ole/a) instead of traditional #8220;Clubhouses.#8221;/liliA lot of open space with integrated activities./liliFeatures that encourage a pleasant active/outdoor lifestyle./liliIncredible level of service and personalization./liliDiversity amp; authenticity in product./liliIntegration of high-performance green design, beyond the typical #8220;superficial#8221; features./liliDiversity in market reach, including senior care and employee housing./li/ulpThe list sounds like a tall order, but it#8217;s not impossible. With a strong idea about what the community should be, we turned our attention to the village center concept. What does the successful community center of the future look like?/pulliIt#8217;s a semi-private club, rather than completely private./liliThe emphasis is on activities and interaction./liliFitness and spa centers are emphasized and top-of-the-line./liliCatering to current emand /emfuture club demographics (think emyoung people/em)./liliThe atmosphere is fun, relaxing, and definitely emnot /emstressful./liliThere#8217;s a lot of choice when it comes to dining./liliServices are not only offered, but are customized and go beyond the basics./liliTechnology is prominent, cutting-edge, and perfectly integrated./liliCommercial components are integrated in the club, including hotel uses, entertainment, and services (like groceries and banking)./liliA lot of outdoor amenities, including a variety of water #8216;options#8217; and other activities./li/ulpThat#8217;s a lot to think about, for sure. In many respects, we#8217;re putting together the #8216;ideal#8217; community. Developers, with the help of their architects (and their investors) will have to prioritize the list and choose the most high-impact features./ppTomorrow#8217;s buyers are astute. They are looking for value, and they will know if you#8217;re selling them short. Through our inter-connected studios, we are creating the community concept of a lifetime as an integrated and well thought-out package. Get on board!/pimg src=http://feeds.feedburner.com/~r/PKStudiosBlog/~4/hj5Mb61ssoU height=1 width=1/

Tags: , , , , , , , , , , , , , , , , , , ,