Here’s a potentially hypothetical question.
If you were in the market for a 3-bedroom penthouse, and its 1,100 sf wraparound terrace with skyline views just so happened to have an enormous neon-like sign above it, would you consider this to be a feature or a bug?
The sign does turn off at 11PM, but before then, it creates this awesome/lovely pink glow on the terrace. My sense is that this will be fairly divisive. You’re either going to love it or you’re going to hate it. Which side are you on?
Let me know in the comment section below.
This morning I toured a site/project that is using a balcony glazing system from a company called Lumon. The product looks like this from the outside:
Like this from the inside (from on the balcony):
And it retracts/opens up like this (the glass panels stack neatly to one side when you want to create a traditional balcony and guard condition):
Obviously the idea here is to create outdoor spaces that can be enjoyed for more months of the year. In the summer it opens up so you get a typical balcony condition. And then in the cooler months or on a windy or rainy day, you get a solarium. Maybe it even works in the winter with the right sun exposure.
But obviously there is a cost to adding something like this to new projects. So my development question to all of you today is: Would you be willing to pay a premium for a balcony glazing system like the one shown here? And if so, how important would you rank a feature like this for multifamily buildings?
If you have a few minutes, please let me know in the comment section below.
Perhaps the two most distinctive features of Montreal's low-rise architectural landscape are (1) lots of exterior stairs and (2) lots of balconies. (Their density is, of course, also noteworthy, particularly in a North American context.)
The exterior stairs are somewhat curious to outsiders given all the snow the city gets. But it's maybe a good case study and follow-up to yesterday's post about 1925 Victoria Park Road and its proposed exterior corridors.
As for the second feature, the Globe and Mail recently published this wonderful little ode to the Montreal balcony. It is a great reminder that, when designed well, people really do love balconies and exterior spaces.
This is an ongoing debate in the world of multi-family development, and the outcomes often vary by city and sometimes by housing tenure. But at the end of the day, I have yet to meet anyone who doesn't appreciate getting outside in the summer.