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Brian M. Taylor, AIA, MBA, LEED AP5 min read

The Medium-Sized Multifamily Redevelopment Surge in New Jersey & Philadelphia

The Medium-Sized Multifamily Redevelopment Surge in New Jersey & Philadelphia
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At Taylor Architecture & Design, we're known for focusing on making medium-sized apartment buildings better. 

We pay close attention to what's happening in the world of real estate, especially in New Jersey. 

We've noticed a trend: lots of old buildings need to be updated to fit how people want to live today. 

This article is all about how we're helping to make these changes happen, especially in places like Morristown, Jersey City, and Philadelphia.

We'll talk about the drivers and trends that affect these projects and show how we're making neighbourhoods better for everyone. 

Come along as we explore how architecture and community needs come together to create great places to live.

Understanding The Redevelopment Opportunity

In places like Morristown, Jersey City, and Philadelphia, there's not much open space left for new buildings. Many of the existing ones are old and not very good for modern life. 

Here's the interesting part: these old buildings can be changed to fit how people want to live now. That's where medium-sized apartment buildings come in. 

They're just the right size to make these changes happen.

In New Jersey's bustling urban areas, finding space for new buildings is like looking for a needle in a haystack. 

Years of city growth have filled up almost every available spot, leaving us surrounded by old buildings that need a makeover. 

These buildings are not cutting it anymore – they're outdated and not very good for modern life. But here's the thing: people want to change them, to make them better.

Take towns like Morristown and Jersey City, for example. 

In Morristown, a town with a lot of history and cool old buildings, people are itching for new, modern places to live. And in Jersey City, where the city vibe is strong, there's a big demand for updated apartments that fit the diverse community.

And it's not just New Jersey – even in Philadelphia, the redevelopment buzz is strong. 

From sprucing up old brownstones in Center City to giving new life to old industrial areas in neighborhoods like Fishtown and Northern Liberties, there's a whole lot happening.

In these towns and cities, medium-sized apartment projects are the stars of the show. With around 50 to 200 units, they're just the right size to make big changes without getting too overwhelming. 

They're like Goldilocks – not too big, not too small, just right. And the best part? They come with all the things people want, like parking and nice places to live. 

Plus, towns and cities usually like them because they make neighborhoods better.

So, in a nutshell, there's a big opportunity to turn old buildings in places like Morristown, Jersey City, and Philadelphia into awesome places to live. 

And we're right in the middle of it, helping to make it happen and turn outdated spaces into vibrant communities.

 

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Most Redevelopment Sites Fit 50 to 200 Units

In the world of redevelopment, it's often the medium-sized projects that steal the spotlight.
We're talking about those apartment buildings with around 50 to 200 units – they're not too big, not too small, just right. And let me tell you, they're like a sweet spot for developers.

Why? Well, for starters, this size range hits the perfect balance. 

It's big enough to make things economically viable – meaning developers can make money while still creating cool places for people to live. But it's not so big that it becomes overwhelming. 

These projects allow developers to get creative with their designs, making buildings that are both practical and eye-catching.

But it's not just about the buildings themselves. These medium-sized projects come with all the bells and whistles that people want. 

Think essential amenities like gyms, community spaces, and maybe even a rooftop garden. 

And let's not forget about parking – there's usually enough space for everyone's cars, which is a big plus in busy urban areas.

And here's the kicker – local authorities love these projects too. They see them as a win-win. Not only do they bring new life to old buildings, but they also help make neighborhoods better. 

That's why they're often more than happy to give developers the green light.

So, when it comes to redevelopment, it's clear that medium-sized projects are where it's at. They're not just buildings – they're the key to creating vibrant, thriving communities that people are proud to call home.

 

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Taylor Architecture & Design: Making It Happen

Here at Taylor Architecture & Design, we're right in the thick of it all. We're the ones finding those old buildings just waiting for a makeover and turning them into something special. 

We're not just about slapping on a fresh coat of paint – we dive deep into every aspect of the project. 

We crunch the numbers to see how much money can be made, we dream up what the building could become, and we work tirelessly to get the thumbs-up from the town or city. 

It's all about teamwork and making neighborhoods the best they can be.

So, in a nutshell, there's a golden opportunity to breathe new life into old buildings in places like Morristown, Jersey City, and Philadelphia. 

And guess what? Taylor Architecture & Design is leading the charge, making dreams a reality and transforming forgotten spaces into vibrant communities that people are proud to call home.

 

Parking Solutions: Enhancing Accessibility

Achieving the perfect balance between architectural vision and structural feasibility is crucial. Our concept studies offer insights into the optimal height of your building and the most suitable construction methods, ensuring your project stands tall while remaining grounded in reality.

In addition to these critical aspects, it's essential to acknowledge the significance of strategic partnerships in accessing opportunities as they arise. 

Taylor Architecture and Design has cultivated strong relationships with local brokers and clients, providing us with unparalleled access to emerging opportunities in the New Jersey real estate market. 

Through these partnerships, we're poised to seize opportunities and position your projects for success from the outset.

Contact Us Today

Interested in exploring the potential of partnering with Taylor Architecture and Design for your next project? 

Whether you're a real estate developer seeking land entitlement expertise or a property owner looking to maximize the value of your investment, we're here to help. 

Our team brings a wealth of experience and a track record of success to every project we undertake.

Contact us today:
T: +1 (908) 226 5515
E: info@taylorarchdesign.com

 

 

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Brian M. Taylor, AIA, MBA, LEED AP

With 25+ years of experience in the design and construction industry and 18 years as a licensed architect in my own practice, I have acquired a wealth of knowledge in this industry. Coupled with my MBA education, I also have the management, technical and business related skills applicable to the design and construction industry, real estate and beyond. My goal is to leverage my experience in the real estate development industry to give our firm the edge in delivering added value to our developer and investor clients. With licenses to practice in New Jersey, New York, Pennsylvania, Maryland, Virginia and Washington DC, we are poised to serve our clients in a broad variety of markets. Specialties: Site selection, zoning and land use approvals process, mixed use development, project feasibility studies, building structure analysis, financial modeling and analysis, smart growth cities and project management & coordination

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