- A market opportunity to serve Baby Boomers who want to live in vibrant, walkable communities but can’t afford prime locations in America’s large cities. (Source: NAR Community Preference Survey)
- A focus on energy-wise buildings and alternative mobility—shared electric cars, bicycling, and walking—crucial to slowing global warming and promoting healthy lifestyles.
- Elevating the purposeful lifestyles and intergenerational communities associated with college towns — a proven improvement over typical age-segregated communities built around golf courses. (Source: RCLCO proprietary market study)
“As people become empty-nesters, more and more are rejecting car-dependent, disconnected settings in homes that represent a large percentage of their net worth,” says David Fox, CEO of Live Give Play. “By offering rentals in dynamic college communities, we are providing more affordable and improved lifestyles.”
The Live Give Play rental model eliminates property taxes and home maintenance expenses as it reduces transportation and energy costs — all while “encouraging community involvement and a sense of purpose,” adds Fox, who has been active in real estate ventures since 2002.Quality, Sustainability & Price Designed by BKSK Architects, 79 King Street defines quality, sustainability, and attainability. Employing a mass timber structure of sustainably sourced wood and designed to Passive House standards that slash heating and cooling costs, the market rental property will feature rooftop solar panels and an exceptionally airtight building envelope.
Amenities designed into 79 King Street include a shared rooftop garden for tenants, electric vehicle (EV) charging, bike storage, and a shared electric car program. On the second floor, tenants can enjoy a spacious fitness room and multipurpose community room and lounge. Retail spaces on the ground level will be programmed to serve bicycling enthusiasts taking advantage of the adjacent trailhead.
79 King Street offers studio to three-bedroom apartments, and is slated to break ground in early spring 2023, with occupancy expected by late 2024.