Latest Developments and Trends in the Construction Industry for Interior Designers

The construction industry is in full swing with numerous significant projects and developments that interior designers should be aware of. These projects not only highlight the latest trends but also reflect evolving market dynamics that could impact your business.

In Brooklyn's Park Slope, the 11-story mixed-use building, Kay’s Place at 487 4th Avenue, is making substantial progress. Designed by Aufgang Architects and developed by Procida Companies, the building will feature 44 affordable rental units and ground-floor commercial space. Completion is anticipated by July 2025. The building will cater to residents with developmental disabilities and the formerly homeless, making it a project of social significance.

Meanwhile, in Philadelphia's Fishtown area, the Northbank development is transforming into a self-contained neighborhood with 387 single-family townhomes and 104 duplex units. The project, while progressing rapidly, still requires significant work to complete the remaining housing units and finish street and landscaping installations.

Chicago also sees numerous developments. A new construction permit has been issued for a three-story, three-unit residence at 5157 South Wabash Avenue in Washington Park, with an estimated cost of $380,000. Additionally, a demolition permit for 1150 West Diversey Parkway has paved the way for a new four-story building with residential units.

In San Francisco, permits have been filed for a new single-family home at 1 Helen Street in Nob Hill, designed to replace an old garage. The structure will span 2,500 square feet and will include modern amenities such as a rooftop deck and open-air patio.

In Astoria, Queens, Phase Two of the Halletts Point development is gearing up with new renderings for two residential towers. These buildings will house 647 rental units and feature an array of amenities, including a fitness center, pool, and coworking lounge. Leasing is set to begin in February 2025.

Interior designers should pay close attention to these developments as they signal potential new business opportunities in the form of new residential and commercial spaces. Understanding these projects can help you align your design offerings to meet the needs of modern, socially-conscious living environments.

Key Highlights

• Kay’s Place in Brooklyn: Significant social impact with affordable housing and developmental disability units.
• Northbank in Philadelphia: Transforming into a pedestrian-friendly, self-contained neighborhood.
• Halletts Point in Queens: Offers a mix of luxurious amenities and modern living spaces.