{"id":33330,"date":"2022-08-25T03:51:00","date_gmt":"2022-08-25T10:51:00","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=33330"},"modified":"2022-08-25T09:15:35","modified_gmt":"2022-08-25T16:15:35","slug":"take-it-from-the-top","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/take-it-from-the-top\/","title":{"rendered":"Take It from the Top"},"content":{"rendered":"\n

Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet services and clubrooms, among others. But there\u2019s a special location that can provide a key differentiator in the competition to attract and retain occupants: the roof.<\/p>\n\n\n\n

\u201cToday, particularly at higher-end properties, unique rooftop amenities have proven to be a deciding factor in community selection for future residents,\u201d says Brandon Reed, chief visionary officer at Salt Lake City-area rooftop amenity designer Loft Six Four. Moreover, they offer revenue opportunities like higher retention rates, higher rental yield and sale prices per square foot.<\/p>\n\n\n

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\u201cOnce a forgotten space used only for cooling towers, water tanks and elevator machine rooms, or private amenities to attract tenants, building rooftops and setbacks are getting long overdue appreciation. Rather than being a sign of exclusivity, these rooftop spaces are becoming an essential part of any well-positioned office building,\u201d adds Ambrose Aliaga-Kelly, a technical director <\/strong>for <\/strong>global architecture, design and planning firm Gensler.<\/p>\n\n\n\n

Popular rooftop amenities include safe play areas for children; swimming pools; gardens; lounges; outdoor kitchens; putting greens, games, yoga studios and lockers; outdoor TVs, Wi-Fi, USB ports, charging stations and other technology; and pet amenities like dog parks and washing stations.<\/p>\n\n\n\n

Aside from being space-efficient, an especially important consideration in high-demand metros with low vacancy rates and limited space for extras, rooftop amenities offer something that isn\u2019t available at lower levels: a view. \u201cA roof terrace with breathtaking city skyline views can be a major draw for potential tenants and buyers,\u201d according to Reed.<\/p>\n\n\n\n

And there\u2019s an energy angle too. Repurposing roofs on older residential and commercial buildings can reduce their carbon footprint. Green or planted roofs can help lower a building\u2019s energy consumption by insulating it and providing a thermal barrier. Rooftop solar panels can also create a renewable energy source to offset the building\u2019s energy needs.<\/p>\n\n\n\n

\u201cRooftop amenities add value in the eyes of the customer, meaning it captures value from future tenants. People are willing to pay more for a premium product, and this in turn raises the overall property value,\u201d according to Bullock Tice Associates, an architecture and design firm in Pensacola, Fla. \u201cCommercial buildings are a long-term investment, meaning that either the developer or the future property owner will be profiting from this investment for years to come.\u201d<\/p>\n\n\n\n

Obviously, property owners need to engage designers, structural engineers and building code experts to consider load capacities, fire protection, ADA accommodations, occupancy constraints, waterproofing, egress and other requirements before they consider repurposing a rooftop. But the effort can be well worth it, opening new possibilities for revenue and occupant satisfaction. As Ben Meisel, a leasing director of leasing at Washington, D.C. commercial real estate developer Akridge, notes, the roof of a commercial and residential building isn\u2019t \u201cjust a place to go eat lunch anymore.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet services and clubrooms, among others. But there\u2019s a special location that can provide a key differentiator in the competition to attract and retain occupants: the roof. \u201cToday, particularly at higher-end properties, unique rooftop amenities have […]<\/p>\n","protected":false},"author":610,"featured_media":33331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[103,29],"class_list":["post-33330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-amenities","tag-multifamily"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/take-it-from-the-top\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Take It from the Top\" \/>\n<meta property=\"og:description\" content=\"Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/take-it-from-the-top\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-25T10:51:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-25T16:15:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2022\/08\/rsz_adobestock_404768673.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/take-it-from-the-top\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/take-it-from-the-top\/\",\"name\":\"Take It from the Top - 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