Millennials Drive Development Focused On Work-Life Balance

By Kaitlin Ugolik (March 26, 2014, 2:44 PM EDT) -- The desire for more connectivity and a better work-life balance among members of the so-called millennial generation — roughly those born after 1982 — is driving developers to focus more on location, layout and amenities for projects across asset classes, experts say.

It's hard to generalize about such a large group of people — millennials are the biggest segment of the U.S. population, according to the 2010 census — but real estate experts and attorneys say that as businesses recruit young employees and 20- and 30-somethings continue to move toward urban settings, the impact on design and development has been profound.

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