Presentation on theme: "Lifelong Learning and Sustainable Development Hampshire College and Beacon Communities Development LLC."— Presentation transcript:
Lifelong Learning and Sustainable Development Hampshire College and Beacon Communities Development LLC
Hampshire College – Self Zoned
Purpose for Building a Residential Community Source of revenue – build endowment to support academic program Compatible with Colleges mission Build critical mass to aid success of Atkins Corner Village Center Become model for sustainable community living within a college setting – lifelong learning, sustainable living environment, sense of community
The Preliminary Planning Process Conduct feasibility study to test concept – market survey, program identification, site location, revenue opportunities Preliminary design development – second market study, design various unit types to test site capacity, create development budget Evaluate risks and rewards of development options Developer selection process – RFQs, RFPs Beacon Communities – the right partner Board of Trustees Approval – Points of Go / No Go required at each phase of project planning
Hampshire College and the Development Site
Veridian Village at Hampshire College An innovative development project that will create a community of lifelong learning and cultural enrichment in Amherst A partnership between Beacon Communities LLC and Hampshire College A vital component of Hampshires Sustainable Campus Plan Illustrative of Hampshires long-range commitment to promoting intergenerational learning for students and alumni Maintains sustainable development and pursues a community of shared values
Program Project Area: 50.6 acres, of which 36.6 will be ground leased Development Footprint: 18.5 acres Conservation Restriction: 32.4 acres Unit Count: 129 units –72 flats in three 4-story elevator buildings –57 townhomes in duplex and triplex configurations. Unit Sizes: The flats will range from approximately 1,100 SF to 1,500 SF. The townhomes will be approximately 2,000 SF. Commons Building: 5,000 SF, located on a central green, adjacent to the community gardens. Green Design: Silver rating on National Association of Home Builders (NAHB) Model Green Home Building Guidelines.