The multi-family vertical is full of unique solutions for unique needs — and it’s growing. Michael Rooney, director, business development, multifamily, ASSA ABLOY, New Haven, Conn., points to a recent study from Dodge Construction Network. “They recently forecasted a 54 percent increase in new multi-family apartment units by 2029, according to their 2024 Construction Market Forecasting Service Residential Building Outlook,” he says.
In Rooney’s opinion, this increase in construction translates to a new opportunity for offering simplified access control systems that improve both security and quality-of-life for users. “This growth in demand and construction activity means higher expectations for aesthetic surroundings, more amenities, and special attention to security and safety,” he says. “This includes technology and features for controlling access to various openings, whether for the parking garage, perimeter entrances, or resident units.