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Lifelong Learning and Sustainable Development Hampshire College and Beacon Communities Development LLC Presented By Pam Goodman Beacon Communities Boston,

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Presentation on theme: "Lifelong Learning and Sustainable Development Hampshire College and Beacon Communities Development LLC Presented By Pam Goodman Beacon Communities Boston,"— Presentation transcript:

1 Lifelong Learning and Sustainable Development Hampshire College and Beacon Communities Development LLC Presented By Pam Goodman Beacon Communities Boston, MA 02110

2 Hampshire College – Self Zoned

3 Purpose for Building a Residential Community Source of revenue – build endowment to support academic program Compatible with College’s 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

4 The 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 – RFQ’s, RFP’s Beacon Communities – the right partner Board of Trustees Approval – Points of “Go / No Go” required at each phase of project planning

5 Hampshire College and the Development Site

6 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 Hampshire’s Sustainable Campus Plan Illustrative of Hampshire’s long-range commitment to promoting intergenerational learning for students and alumni Maintains sustainable development and pursues a community of shared values

7 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.

8 Aerial View

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