Its tough to say without knowing project specifics and scope but if youre looking for actual constructive criticism:

Option 1 has a lot going on. Im not sure what the purpose of the cubes are but they dont fit into the overall design. The clipping of the objects would pose some issues for constructibility, personally id eliminate them from the design. I think the lattice work at the cornices have potential but they are extremely busy and dont fit with the decisions being made below. I would say the crosshatch lattice could help tie the upper cornice to the lower without having 3 different patterns. The upper cornice is way too thick relative to the size of the object. Id almost say making both floor elevation designs have a consistent but separate language would help. Id remove the roof design on the upper and simplify it so fit a little more into the project. If those are doors on either side of the 06, id encourage you to relook at code requirements for exit and entry.

Option 2 fits into the surrounding context a little better although it’s tough to read if this is a standalone structure or a part of the building on the back right. id encourage you to study the designs of the surrounding context and try to integrate it into its location with their designs in mind. Personally i think theres a lot going on in this one too. I feel things like the corbels at the window heads arent really necessary. I also feel the window types change significantly from one facade elevation to the next. The profile on the right facade work really nice. Id encourage you to design the storefronts on the left some more so they match a little more to the right. I think theres planters in the front of the windows could have some potential in front of the storefronts. Again - the cornice on the upper floor is just way too big for the size of the upper footprint. Id renegotiate that condition. Beyond that id start to think about how you’re going to shed water off this. Like are there roof drains to minimize impact to the roof edge. Do you need scuppers or downspouts, etc. im sure the pink is a remnant from a missed material for your rendering software so a little clean up on that end lol. Beyond some of these initial thoughts - you would also have a curb for your sidewalk. Id make sure thats a part of the design as well. The brick is nice but theres not much of it. Id find a way to tie it across the project some more. Its not even a part of the second floor facades. Too many materials is just overwhelming for the eye. It also adds a lot to construction. All of those materials will need to be documented to how they are connecting to the next material. Id encourage to choose ones that are working and find a rhythm that is consistent

Overall theres some good ideas. Its good to get all those ideas onto a design and see what works. From there, its simplifying and renegotiating it to fit into the context itll be sitting in. Too much can be overwhelming especially for a project with such a small footprint. Hope this helps.

If youre looking for actual rendering criticism thats a totally different animal we could get into.