1. Create a Welcoming Atmosphere
When tenants walk into the common area, it should be inviting and make them feel at home. Consider what decorations or features can help create this atmosphere, such as artwork, plants, comfortable seating, and lighting.
2. Provide Amenities for Residents
Provide amenities that can benefit residents in their daily lives. Adding amenities could include a laundry room for shared use, a lounge area with television or games, and Wi-Fi access. You can also provide outdoor recreational areas such as a pool or playground if there is space for it.
3. Keep It Clean and Well-Maintained
Ensure to keep the common area free from clutter, dust, dirt, and other debris. Regular cleaning will ensure that the space remains safe and comfortable for tenants. Also, check regularly for necessary repairs such as painting or plumbing issues.
4. Establish a Rental Fee
A rental fee is a great way to cover maintenance and upkeep costs for the common area. You can decide on how much to charge based on the area’s size and consider any additional features such as Wi-Fi access or a pool.
5. Partner with Local Artists
Many of today’s common areas feature artwork and sculptures that match the aesthetic and ambiance of the surrounding area. Consider partnering with local artists to provide artwork that fits in with your property’s theme and vibes.
6. Develop A Clear Lease Term
Outline what is expected from those using the common area regarding behavior and maintenance. Ensure that tenants understand that they are responsible for maintaining the area’s cleanliness and any damage caused by them or their guests.
7. Designate Appropriate Use Areas
Whether it’s an outdoor courtyard or a shared lobby, designate different areas for tenants to utilize. For example, some areas could be used as outdoor seating or play areas while other areas are designated for quiet reading or studying. Area designation will allow tenants to enjoy the space without feeling overcrowded.
8. Utilize Commercial Space
If your building has commercial space in the common area, consider renting it out to local businesses. Not only will renting it out help you generate additional income, but it may also attract more people to visit your property due to the presence of nearby businesses.
9. Invest In Quality Furniture
Investing in high-quality lobby furniture and fixtures will make your common area look more inviting and comfortable. Consider purchasing aesthetically pleasing furniture and durable enough to withstand wear and tear.
10. Utilize Technology
Incorporate technology into your common areas where possible, such as adding Wi-Fi access or installing digital signage. Additional tech appliances can enhance the user experience and attract more people to visit the place.