Mil­len­ni­als start­ing fam­i­lies look to sub­urbs for work and homes

The Buffalo News - - BUSINESS - Com­pany Con­nec­tions

So­lu­tions bragged that it got five times the job ap­pli­cants it had in the sub­urbs. Sub­ur­ban land­lords like Charles Lam­phere kept hear­ing a com­mon re­frain from ten­ants: “We need to go to the city to get mil­len­ni­als.”

Fresh col­lege grad­u­ates might be at­tracted to down­town bars and car­less com­mutes, but th­ese days, for older mil­len­ni­als start­ing fam­i­lies and tak­ing out mort­gages, a job in the sub­urbs has its own ap­peal. “What peo­ple find is that the city of­fers a high qual­ity of life at the in­come ex­tremes,” said Lam­phere, who is chief ex­ec­u­tive of Van Vlissin­gen & Co., a real-es­tate de­vel­oper based in the Chicago sub­urb of Lin­colnshire, Ill. “The city is a dif­fi­cult place for the av­er­age work­ing fam­ily.”

Many em­ploy­ers, hop­ing to at­tract mil­len­ni­als as they age, are try­ing to marry the best of ur­ban and sub­ur­ban life, choos­ing sites near pub­lic tran­sit and walk­a­ble sub­ur­ban main streets. “What’s de­sired down­town is be­ing trans­ferred to sub­ur­ban en­vi­ron­ments to at­tract a sub­ur­ban work­force,” said Scott Marshall, an ex­ec­u­tive man­ag­ing di­rec­tor for in­vestor leas­ing at CBRE Group.

Mar­riott In­ter­na­tional’s re­cent search for a site to re­place its old of­fice park in the Wash­ing­ton sub­urb of Bethesda, Md., led it into not Wash­ing­ton but just across town, into Bethesda’s more tran­sit-ac­ces­si­ble down­town. Jim Young, Mar­riott’s vice pres­i­dent of cor­po­rate fa­cil­i­ties, cites ac­cess to “some of the na­tion’s top pub­lic schools” – some­thing mil­len­ni­als will care more about as their kids get older.

When Cater­pil­lar an­nounced its move from Peo­ria, Ill., to the Chicago sub­urbs ear­lier this year, CEO Jim Um­pleby noted that the

Mil­len­ni­als

new site “gives em­ploy­ees many op­tions to live in ei­ther an ur­ban or sub­ur­ban en­vi­ron­ment.”

Sub­ur­ban land­lords are up­grad­ing of­fice parks with ameni­ties to mimic ur­ban life, too. At Van Vlissin­gen’s prop­er­ties, that’s meant fit­ness cen­ters, food-truck Fri­days, beach vol­ley­ball courts, and a fire pit and am­phithe­ater where monthly con­certs are staged. Ori­gin In­vest­ments, a real-es­tate in­vest­ment firm, re­cently spruced up a dated of­fice build­ing out­side Den­ver with a 4,000-square-foot fit­ness cen­ter and a “barista-driven” cof­fee lounge and sta­tioned a ro­tat­ing cast of food trucks out­side a build­ing it owns near Char­lotte, N.C.

Sub­ur­ban of­fice parks ap­peal be­cause they’re cheap com­pared to down­town build­ings, said Dave Welk, a man­ag­ing di­rec­tor at Ori­gin, which is based in Chicago. But his firm’s sub­ur­ban the­sis builds on the be­lief that city-lov­ing mil­len­ni­als will even­tu­ally opt for sub­ur­ban ac­cou­trements.

“The think­ing has been, ‘We’re in a 20- to 30year su­per­cy­cle of ur­ban­iza­tion,’ ” Welk said. “I be­lieved that five years ago. I don’t be­lieve it any­more.”

None of this means the sub­urbs will sup­plant cen­tral cities as job hubs. Af­ter all, jobs tra­di­tion­ally based in cities – jobs in pro­fes­sional in­dus­tries as well as the ser­vice jobs that sup­port them – are grow­ing faster than those typ­i­cally based out­side of them, ac­cord­ing to Jed Kolko, chief econ­o­mist at In­deed.

At the same time, Amer­i­cans are more likely to live in the sub­urbs to­day than they were in 2000, and even the young, af­flu­ent ones drawn to cities tend to move once their kids reach school age, Kolko’s re­search shows.

Jack Danilkow­icz, 29, moved to Chicago in 2012 for a job at a fi­nan­cial job down­town, but within a few years, he mar­ried and started plot­ting his move to the sub­urbs. He landed a job at Hori­zon Pharma, a drug­maker with of­fices in the north­ern sub­urb of Lake For­est, and moved with his wife to nearby Lib­er­tyville, trad­ing city night life for the good pub­lic schools.

“I grew up in the sub­urbs,” he said. “Prob­a­bly in the back of mind, I al­ways thought the sub­urbs would be the place to raise a fam­ily.”

Hires/Pro­mo­tions/ Hon­ors Dan D. Ko­hane,

se­nior mem­ber and leader of the Hur­witz & Fine P.C. In­sur­ance Cov­er­age Prac­tice Group and an ad­junct pro­fes­sor of in­sur­ance law at the Univer­sity at Buf­falo Law School, was se­lected as a mem­ber of the Amer­i­can Law In­sti­tute.

Ben­jamin E. Wis­niewski

,an at­tor­ney with Lippes Mathias Wexler Fried­man LLP, re­ceived the first ever En­vi­ron­men­tal Law LLM con­ferred by the Univer­sity at Buf­falo School of Law.

All­state ex­clu­sive agency owner Michael Hu­ber of Michael Hu­ber Agency has been des­ig­nated an All­state Premier Agency. The Premier Agency des­ig­na­tion is awarded to All­state agency own­ers who have demon­strated ex­cel­lence in de­liv­er­ing an ac­ces­si­ble, knowl­edge­able and per­sonal cus­tomer ex­pe­ri­ence while achiev­ing out­stand­ing busi­ness re­sults.

Crunch Time Ap­ple Grow­ers an­nounced that Wal­ter Black­ler (District 4) and Jim Bit­tner (District 6) were re-elected to the or­ga­ni­za­tion’s board of di­rec­tors.

Ellen Doyle,

R.N., was awarded the 2017 Ruth and Wil­liam O. Sass, M.D. Schol­ar­ship. Doyle is a 2017 grad­u­ate of Ni­a­gara County Com­mu­nity Col­lege and a re­cip­i­ent of the Grad­u­ate Nurse Mem­ber­ship Award from the Pro­fes­sional Nurses As­so­ci­a­tion of Western New York.

Ser­vices PayME LLC.

in Amherst ac­quired

Com­put­erSearch, founded in 1967, is a pay­roll pro­cess­ing and time man­age­ment com­pany, serv­ing more than 4,000 client busi­nesses. Lippes Mathias Wexler Fried­man han­dled the trans­ac­tion on be­half of Com­put­erSearch.

Lippes Mathias Wexler Fried­man LLP has formed a Fi­nan­cial

Tech­nol­ogy prac­tice team. The Fin­Tech prac­tice team will con­tinue to as­sist clients with com­plex struc­tured fi­nance, se­cu­ri­ti­za­tion, fund for­ma­tion and fi­nance, con­sumer fi­nance, merg­ers and ac­qui­si­tions, cor­po­rate gov­er­nance, lever­aged and non-re­course fi­nance, ven­ture cap­i­tal and pri­vate eq­uity in­vest­ment, in­tel­lec­tual prop­erty and nav­i­gat­ing reg­u­la­tory, data, and cy­ber-se­cu­rity in­tri­ca­cies.

LPCiminelli

an­nounced three of its projects were rec­og­nized for their qual­ity and ex­cel­lence. Ever­green Lofts was hon­ored as a top his­toric preser­va­tion project in New York State, while the Buf­falo High-Tech Man­u­fac­tur­ing In­no­va­tion Hub at River­bend and the Buf­falo and Fort Erie Pub­lic Bridge Author­ity’s U.S. Cus­toms Plaza Com­mer­cial Build­ing earned dis­tinc­tions as top projects in the Buf­falo Ni­a­gara re­gion.

WUFO Mix 1080,

most re­cently known for gospel, throw­backs and talk ra­dio an­nounced they switched to FM fre­quency as “Power 96.5”, giv­ing them a more clear trans­mis­sion and wellde­fined ser­vice ar­eas.

Dae­men Col­lege

has been se­lected for the 10th con­sec­u­tive year as a na­tional Col­lege of Dis­tinc­tion in recog­ni­tion of the in­sti­tu­tion’s ex­cel­lence in un­der­grad­u­ate higher ed­u­ca­tion and in­no­va­tive learn­ing ex­pe­ri­ences of­fered to stu­dents. They also have earned new spe­cial field of study dis­tinc­tions in busi­ness, ed­u­ca­tion and nurs­ing in honor of its ex­pert blend­ing of the lib­eral arts with pro­fes­sional pro­gram­ming .

Curbell Plas­tics,

one of the na­tion’s premier sup­pli­ers of plas­tic sheet, rod and tube as well as ad­he­sives and pro­to­typ­ing ma­te­ri­als, re­leased a tech­ni­cal pa­per ti­tled, High Per­for­mance Re­tail Store Fix­tures Made from KYDEX Ther­mo­plas­tic Sheet. The pa­per de­scribes how KYDEX Ther­mo­plas­tics are be­ing used to cre­ate durable, aes­thet­i­cally pleas­ing re­tail store fix­tures.

Pro­mark As­so­ci­ated In­sur­ance Agen­cies Inc. cel­e­brated its 40th

an­niver­sary with Mer­chants In­sur­ance Group. Pro­mark spe­cial­izes in a va­ri­ety of com­mer­cial and per­sonal in­sur­ance cov­er­ages.

Sweet­Works Con­fec­tions

,a di­vi­sion of Cho­co­lat Frey, cel­e­brated the grand reopening of the Ni­a­gara Choco­lates Store.

Cardea Health In­te­gra­tive

an­nounced the open­ing of its new “des­ti­na­tion well­ness cen­ter” on East Main Street in East Aurora. Cardea will be merg­ing its two cur­rent fa­cil­i­ties, in Cheek­towaga and Dunkirk, into one lo­ca­tion de­signed to bet­ter ser­vice all their clients’ needs.

Law­ley

has ranked 54 on the Busi­ness In­sur­ance rank­ings of the Top 100 largest in­sur­ance bro­kers in the United States, based on 2016 bro­ker­age rev­enues of U.S. clients.

Derek Gee/Buf­falo News

Mil­len­ni­als are turn­ing to sub­ur­ban liv­ing as they be­gin rais­ing fam­i­lies, and em­ploy­ers are fol­low­ing them.

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