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Presented By Pam Goodman Beacon Communities Boston, MA  02110. Lifelong Learning and Sustainable Development. Hampshire College and Beacon Communities Development LLC . Hampshire College – Self Zoned. Purpose for Building a Residential Community.

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Lifelong learning and sustainable development

Presented By Pam Goodman Beacon CommunitiesBoston, MA  02110

Lifelong Learning and Sustainable Development

Hampshire College and Beacon Communities Development LLC



Purpose for building a residential community
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


The planning process
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



Veridian village at hampshire college
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


Lifelong learning and sustainable development

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.