Niches

This page is a place to track possible Market Niches for SODO. This is more like a brainstorm than an analysis of the market demand (though the latter is needed).

Mother-in-Law Apartment. Noting the number of families that are finding a need to support a (mostly) independent parent, this niche is for a ground floor, wheelchair ready apartment for 1-2 people with independent entrance for the parent below a townhouse unit for the children/family.

Adult-child Apartment. This article reports on the recent rise in the number of adult children (age 25-35) who are living with their parents. This niche is for an apartment for 1-2 people with an independent entrance.

Live-work arrangements. This niche is for a person with a business activity that does not require high visibility or have large amounts of customer traffic (examples, hair stylist, lawyer, artist). It might involve either a ground-floor business space with residence above, or a top floor studio. It might be better suited to the sides of the site with more public access.


Alumni-Retiree homes. This article in NYTimes suggests a trend of alumni and other retirees seeking out smaller college towns that provide living opportunities in the heart of the action on the edge of campus.