Live Give Play (LGP) and Spiritos Properties are partnering to build a 79 King Street housing project in Northampton Massachusetts. This development is intended to be a 70-Unit rental building for adults aged 54 years and above. Basically, the developers have come up with a concept that supports baby boomers trying to shrink in size. While still allowing them to maintain their lifestyle, without needing to move to a traditional senior living community.
79 King Street is designed to support healthy lifestyles (Live), community service (Give), and cultural engagement (Play) in environmentally progressive buildings. Therefore, its location is ideally positioned in the heart of downtown Northampton. The LGP property is in close proximity to Smith College on a walk/bike path and the Amtrak station. Consequently, the location offers residents connections to Northampton’s food, shopping, and cultural centers.
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Development plans for the 79 King Street project
Development plans for the 79 King Street project will cover construction on a five-story structure, spanning across 110,000-square-feet. This 70-unit building will feature a mix of one, two, and three-bedroom layouts, with prices starting at $2,000 monthly. Thus far, the developers have continued raising equity ahead of securing a construction loan for the project. However, the groundbreaking is expected to commence by spring of 2023, with an opening date slated for late 2024.
BKSK Architects, the designers of the 79 King Street project have incorporated building plans focused on sustainability. Therefore, the building was designed as a mass-timber structure, with Passive House standards. Additionally, the building features roof-mounted solar panels and also provides electric vehicles on-site for residents to rent and use.
According to the developers, the idea of having electric vehicles on-site would discourage residents from owning vehicles. Their goal is to get residents to scale down from two cars to one or eventually give up on using cars. Thereby, encouraging residents to access the nearby walking trails and shopping on foot.
Live Give Play’s CEO, David Fox said the company’s vision is to bring more Brooklyn-life feel projects to smaller cities. He said their goal was to build other apartment communities like 79 King Street throughout the country. In Fox’s opinion, people can also live happily in an urban in-fill apartment with a walkable neighborhood.
