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Calling all Grown-ups: Apartments Aren’t Just for Millennials Anymore

Philadelphia apartment living can conjure images of unkempt bachelor pads, cramped spaces and multi-tenant college digs. Unsurprisingly, these residences are often relegated to the Millennial set, far from the gazes of mortgage-wielding grown-ups. But there’s a new housing trend taking shape. Secure adults and empty-nesters are dropping their suburban dwellings in favor of luxury apartment complexes rife with amenities.

While adherents of the trend are downsizing in terms of square footage, they’re also investing in amenity upgrades. In apartment complexes like Presidential City, residents needn’t worry about mundane household chores like mowing the lawn, cleaning the pool and on-site maintenance  Instead, capable staff handles these tasks, leaving residents free to utilize the premises’ other top-notch facilities (think three private pools, a juice bar and an on-site gym) that beat any cul-de-sac homestead.

Folks fleeing suburban homes and looking for the plushest of residences should opt for one of  , a rarity in the rental market. The posh pads feature plenty of space including ultra-sized bedrooms, master bathrooms, half bathrooms, dressing rooms and custom storage, as well as floor-to-ceiling windows providing a stream of natural light and unprecedented panoramas of Philadelphia. Likewise, the chef-style kitchens boast waterfall islands, premium Bosch appliances, dual wall ovens, induction cooktops and a Euro-inspired chimney hood. Residents also have access to concierge and valet.

Residents don’t need to compromise on home-y characteristics, either. Inside the Presidential City apartments, there are premium kitchen appliances, ultra-deep soaking bathtubs, sustainable Sapele hardwood flooring throughout, in-unit Electrolux  washers and dryers, and oversized closets. Whereas outside you’ll find dog parks, full-size basketball courts and a deluxe outdoor kitchen to entertain guests. Plus, with an address on City Avenue, Presidential City straddles the boundary between the bustling city and serene suburbs, catering to commuters and visitors alike.

There’s also data to support the increasing exodus. According to a 2015 study by the Joint Center for Housing Studies of Harvard University, “While younger adults are most likely to rent their housing, the number and share of older renters have risen significantly over the last decade.” So if you’re looking to ditch your deed, you’re not alone. A simple downsize could turn into a huge upgrade.

For more information about Presidential City and planning your move, click here.