- A market opportunity for the Baby Boomers who want to live in vibrant, walkable communities but cannot afford prime locations in America’s major cities. (Source: NAR Community Preference Survey)
- A focus on energy-efficient buildings and alternative mobility — shared electric cars, cycling and walking — is critical to slowing global warming and promoting healthy lifestyles.
- Enhancing the fit-for-purpose lifestyles and intergenerational communities associated with college towns – a proven improvement over typical age-separated communities built around golf courses. (Source: RCLCO own market study)
“As people become empty nesters, more and more are turning away from car-dependent, disconnected settings in homes that make up a large percentage of their net worth,” says David Fox, CEO of Live Give Play. “By offering rental housing in vibrant college communities, we offer more affordable and enhanced lifestyles.”
The Live Give Play rental model eliminates property taxes and house maintenance costs because it reduces transportation and energy costs — while “encouraging community engagement and a sense of purpose,” adds Fox, who has been in the real estate business since 2002.Quality, sustainability & price Designed by BKSK Architects, 79 King Street defines quality, sustainability and accessibility. Using a solid timber structure made from sustainably sourced timber and designed to passive house standards that reduce heating and cooling costs, the market-leading rental property will feature rooftop solar panels and an exceptionally airtight building envelope.
Amenities designed at 79 King Street include a shared rooftop garden for renters, electric vehicle (EV) charging, bike storage and a shared electric car program. On the second floor, tenants can enjoy a spacious gym and a multipurpose common room and lounge. Retail spaces on the ground floor will be programmed to serve bicycle enthusiasts using the adjacent trailhead.
Offering studio to three bedroom apartments, 79 King Street is scheduled to break ground in Spring 2023, with occupancy expected by the end of 2024.