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RESIDENTIAL ELEVATORS ON THE RISE

April 26, 2013

According to the London Free Press, many homebuilders are designing homes incorporating elevator shafts with future installations in mind. Known as “stacked closets,” the design allows homeowners to build their home and install an elevator later. Derek Moorse of Cambridge Elevating, Inc. in U.K. suggests residential elevators are recognized as a solution to density, making vertical designs more enticing than horizontal ones. He also believes the competition and popularity of residential elevators will decrease their price. “They can be put into a home quite easily and cost a lot less than people think,” Moorse said. Cambridge Elevating has seen a 15-20% increase in the residential market over the past four years.

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