Premium Property Trust’s Post

🏢 Compact Housing in Nanaimo: Progress at 2126 Meredith Road Nanaimo’s push for more affordable and compact living options continues with a newly approved 21-unit apartment complex on Meredith Rd. This three-storey development will offer a mix of studios and one-bedroom units (some with dens) ranging from 450 to 750 square feet. Approved by council on Dec. 2, this project reflects a broader trend in Nanaimo: smaller, efficient housing designed to meet growing demand. With underground parking, secured bicycle storage, and thoughtful site adaptations, it balances modern urban living needs with a compact design. While this project had to navigate heritage considerations and zoning variances, it highlights the ongoing challenges of building smart density in a city balancing growth with community values. This development joins other compact housing initiatives across Nanaimo, including 23 micro-units at 420 Albert St. and a 31-unit complex approved for Robson St. earlier this year. Each represents steps toward solving the housing crunch. #NanaimoHousing #SmartDensity #AffordableLiving #UrbanDevelopment #Sustainability #HousingCrisis #CommunityGrowth #ModernArchitecture #UrbanPlanning #NanaimoRealEstate #BuildingForTheFuture

Once a small town facing the pressures of Atlanta’s sprawl, Woodstock, Georgia, embraced a vision that preserved its historic charm while fostering growth. The 32-acre Woodstock Downtown project has transformed the heart of the city into a vibrant, mixed-use space with restaurants, retail, and residential options. New parks and open spaces, including a neighborhood amphitheater and conservation areas, further enhance the community’s appeal and sustainability. Thoughtful design has also integrated affordable housing and senior units, ensuring inclusivity and accessibility. Premium Property Trust admires this inspiring example of how smart growth strategies can balance progress and preservation, ensuring lasting value for communities and their residents. Source: https://lnkd.in/g_4G_CDs . . . #premiumpropertytrust #birminghamalabama #bhamal #realestateinvesting #realestate #architecture #pptreit #realestateinvestment #realestateinvestmenttrust #buildinggenerationalwealth #mixedused #newurbanism #generationalwealth #investing #reit #ppt #verticalintegration #premiumbydesign

Big news from Southlake City Council! 🏡✨ The council recently approved design plans for a new mixed-use development at 240 North Carroll Ave. This 9.6-acre project combines residential and office spaces, bringing together modern living and professional amenities in one thoughtfully planned community. Key Highlights: 1️⃣ Residential Area – Willow Tree Gardens: 14 villas and 6 larger lots designed with community and aesthetics in mind. Features include two scenic ponds, a cul-de-sac, sidewalks open to neighbors, and gated access for privacy. 2️⃣ Commercial Component – The Overlook: A two-story, 23,000-square-foot office building on 1.98 acres, setting the tone for a cohesive mixed-use space. What This Means for Southlake: This development reflects Southlake's strategic approach to balancing residential growth with commercial opportunity. By approving the second alternative design option, the council is fostering a blend of urban convenience with suburban tranquility. While some community members from neighboring Foxborough and Southview Estates expressed concerns, the developers and council incorporated several adjustments, such as: Limiting the residential area to 20 properties. Adding resident-only gate access and a full masonry wall for privacy and harmony with existing neighbourhoods. This project represents a growing trend in transitional zoning, where mixed-use developments meet evolving community needs. Such projects can enhance local property values, create economic opportunities, and attract professionals seeking live-work environments. However, balancing development with community concerns remains crucial for sustainable growth. #Southlake #UrbanDevelopment #MixedUseRealEstate #CommunityGrowth #RealEstateTrends

Exploring the Cottage Court Solution Cottage Court developments are gaining attention as a key solution to address the housing crisis. These thoughtfully designed communities provide compact, high-quality living spaces while fostering a sense of connection and belonging. Why is Cottage Court such a game-changer? - Community-Friendly: Integrates seamlessly into neighborhoods, offering more housing at a reasonable scale. - Appealing Design: Balances compact living with the charm and privacy of single-family homes. - Developer-Approved: Aligns with familiar construction methods, making it an accessible choice for builders. As cities and counties look for innovative ways to expand housing options, Cottage Courts represent a promising step toward more inclusive, sustainable neighborhoods. How do you see Cottage Court developments fitting into your community’s future? Source: https://lnkd.in/ghcG4jeK . . . #premiumpropertytrust #birminghamalabama #bhamal #realestateinvesting #realestate #architecture #pptreit #realestateinvestment #realestateinvestmenttrust #buildinggenerationalwealth #mixedused #newurbanism #generationalwealth #investing #reit #ppt #verticalintegration #premiumbydesign

The path to addressing the housing crisis isn’t just about building more—it’s about building smarter. Between high-density apartment complexes and sprawling single-family homes lies an underexplored middle ground: small lot detached homes. These housing options hit the “sweet spot,” providing individuals with an affordable chance at homeownership while offering thoughtfully designed community spaces that prioritize connection and convenience. Imagine homes with: A small yard: Manageable, low-maintenance outdoor spaces. Shared parks: Green spaces for recreation and community gatherings. Well-placed amenities: Cafes, grocers, and local shops within walking distance. This approach moves away from underutilized, oversized lawns and cramped urban developments, creating vibrant, livable neighborhoods that meet modern needs. By embracing this opportunity between traditional detached homes and attached housing, we can create dynamic communities where people thrive. Source: (https://loom.ly/sFfQK_k) . . . #premiumpropertytrust #birminghamalabama #bhamal #realestateinvesting #realestate #architecture #pptreit #realestateinvestment #realestateinvestmenttrust #buildinggenerationalwealth #mixedused #newurbanism #generationalwealth #investing #reit #ppt #verticalintegration #premiumbydesign

Transforming Historic Mass. Landmark into New Mixed-Use Hub 🏠 As our communities continue to grow, the need for affordable and attainable housing becomes increasingly urgent. But what if we could provide this much-needed housing while preserving our historic landmarks? That's exactly what adaptive reuse and property conversions are doing across the country. 🚧 Take a look at the transformation of a historic mass landmark into a new mixed-use hub. By repurposing existing buildings, we can create unique and affordable housing options for our communities while also preserving our rich history. 🔨 These projects not only provide much-needed housing, but they also bring new life to forgotten buildings and revitalize our neighborhoods. It's a win-win solution for both our past and our future. 💰 With the rising costs of new construction, adaptive reuse and property conversions offer a more cost-effective solution for creating affordable and attainable housing. Let's continue to support and promote these initiatives to tackle the housing crisis in our communities. #affordablehousing #attainablehousing #adaptivereuse #propertyconversions #historicpreservation #communityrevitalization #housingcrisis #sustainabledevelopment #buildingenclosure #preserveyourpast #createyourfuture

Pruitt Igoe, The High Cost Of Modernism Today, we are taking on a tale about the challenges of modernist architecture in addressing urban housing needs effectively, making it the most complex example in our series. The Pruitt-Igoe Housing Project in St. Louis, Missouri, is widely regarded as an architectural failure due to a combination of poor design choices, inadequate funding, and broader socio-economic issues that plagued its existence. Some of the issues are Flawed Architectural Design: With High-Rise Configuration and Poorly Designed Common Spaces, this design did not foster community interaction but instead quickly became sites of crime rather than places for social interaction. Maintenance Issues: The project’s reliance on rent from low-income tenants made it vulnerable to financial instability and physical neglect. Crime and vandalism: Widespread opposition to public housing initiatives limited financial support and contributed to the negative perceptions surrounding projects like Pruitt-Igoe. The complex became a hotspot for criminal activity, with gangs and vandalism rampant, earning it a reputation as a dangerous and neglected area. Today, the Pruitt-Igoe site remains vacant, with plans for new development pending. The project’s complex history serves as a cautionary tale about the importance of considering broader social, economic, and political contexts when designing and implementing public housing initiatives. The Lesson: Focus on human-centered design, strong funding, and supportive policy to build safe, sustainable communities in public housing. #architecturefailures #architecture #webdesign #interiordesign #story

I write this posting now several weeks after meeting the new residents of the HousingFirst Marlborough Street development. A workshop organised by HousingFirst Ltd presenting a unique opportunity for me to meet the community, now settled into their new homes. 
A chance to reflect on an experience which I believe our profession of architects needs to do more: engage with, more fundamentally, the people for which we are designing. Rather than designing purely through the matrix of our legislative apartment design manuals. 
I have benefitted from having met the real people who need a roof over their heads. To understand the safety they need to feel, the community stability they crave, the health and comfort we must offer and the cost-of-living burdens they endure. 
The benefit i have gained will be brought to the next project, then the next, as the State and Federal Governments seek to ramp up the construction of social and affordable housing. They must be delivered in the most meaningful way for these communities, so listening to the obstacles the residents face is an essential piece of the design puzzle. 
Designing and constructing empathetically and sustainably is the only way to ease the long-term cost of living woes for the residents, and create harmonious communities. Government targets are one part of this, and we must seek to exceed these where possible. However the real challenge will be meeting the initial increase of costs and this is where Government really needs to step in to support the industry. 
On a final note, I was deeply humbled by the connection between the residents and their flora and fauna. Seeing the residents bond with their pets and plants was touching. Fish, budgerigars and balconies over-flowing with flora. We must maximise opportunities for connecting our communities with biodiversity with each new social housing project! Let’s exceed our targets and create spaces that truly improve lives and foster community. #Melbourne  #HousingFirst #BaldassoCortese #CollaborateCreateConnect #AustralianArchitecture #ArchitectureAU  #CommunityHousing

🚀 Evolution of Commercial Property in Pinelands & Mowbray 🚀 The commercial property development in Pinelands and Mowbray has transformed these areas from residential suburbs into bustling commercial hubs. Their strategic location as vital links between Cape Town and the southern suburbs has played a crucial role in their growth. 🏢 Milestone Moments: The construction of the first commercial buildings marked a significant milestone, reflecting the increasing demand for commercial spaces. These structures showcased architectural trends and attracted businesses, stimulating economic activity and further development. 📈 Economic Drivers: Proximity to major transport routes, such as the M3 and M5 highways, has made Pinelands and Mowbray attractive to businesses seeking accessibility and convenience. The presence of educational institutions, healthcare facilities, and recreational areas has created an environment conducive to business growth. Their economic resilience and adaptability have solidified their status as competitive commercial hubs. 💡 Technological Advancements: Technological advancements have revolutionized the commercial property landscape, enhancing efficiency and connectivity. State-of-the-art office buildings and smart retail spaces have become the norm, attracting a diverse range of enterprises. 🏛️ Architectural Trends: Pinelands and Mowbray boast a vibrant mix of architectural styles, reflecting their dynamic evolution. The adoption of sustainable building practices and innovative design concepts has positioned these areas as leaders in progressive commercial architecture. 🏙️ Urbanization Impact: Urbanization and infrastructure development have driven commercial growth. The construction of new roads, public transport systems, and essential services has expanded commercial opportunities, making Pinelands and Mowbray hotspots for commercial real estate. The evolution of commercial property in Pinelands and Mowbray is a fascinating journey of transformation and growth. These areas have continually adapted to meet the changing needs of businesses and the community. With a strong historical significance, key economic drivers, technological advancements, and innovative architecture, the commercial property landscape is poised for a promising future. Urbanization and infrastructure development will continue to shape these areas, ensuring they remain vibrant commercial hubs. Juanita Igniting Commercial Property Potential #CommercialProperty #Pinelands #Mowbray #UrbanDevelopment #EconomicGrowth #TechnologicalAdvancements #ArchitecturalTrends #SustainableDevelopment #BusinessHub

Innovative Housing Types to Watch The future of housing lies in exploring the options between traditional single-family homes and dense, high-rise apartments. Innovative housing types such as courtyard homes and small-lot neighborhoods offer creative solutions for modern living, meeting the needs of diverse communities. These types of housing strike a balance by providing affordability, manageable maintenance, and a stronger sense of connection. Shared spaces such as courtyards and parks encourage neighbors to interact, while flexible designs accommodate families, individuals, and retirees alike. As housing challenges continue to evolve, so must our solutions. These innovative housing options bridge gaps in the market, offering people a way to live more comfortably and sustainably without sacrificing the quality of their surroundings. At Premium Property Trust, we see these options as essential to building thriving communities that work for everyone. . . . #premiumpropertytrust #birminghamalabama #bhamal #realestateinvesting #realestate #architecture #pptreit #realestateinvestment #realestateinvestmenttrust #buildinggenerationalwealth #mixedused #newurbanism #generationalwealth #investing #reit #ppt #verticalintegration #premiumbydesign