AVALON ACTON: PROPOSED PHASE II Presentation to Zoning Board of - - PowerPoint PPT Presentation

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AVALON ACTON: PROPOSED PHASE II Presentation to Zoning Board of - - PowerPoint PPT Presentation

AVALON ACTON: PROPOSED PHASE II Presentation to Zoning Board of Appeals February 21, 2019 1 1 AGENDA AvalonBay Introduction Site History and Existing Conditions Permitting Proposed Project Infrastructure Sustainability


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AVALON ACTON: PROPOSED PHASE II

Presentation to Zoning Board of Appeals February 21, 2019

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AGENDA

  • AvalonBay Introduction
  • Site History and Existing Conditions
  • Permitting
  • Proposed Project
  • Infrastructure
  • Sustainability
  • Development Timeline
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AvalonBay Communities, Inc.

NATIONALLY RECOGNIZED APARTMENT DEVELOPER WITH A STRONG LOCAL PRESENCE Regional Capabilities:

  • Regional headquarters in Boston, MA
  • 20+ years experience in Greater Boston
  • >40 communities (>10,000 apts) in MA
  • 4 communities (~1,000 apts) under

construction in MA

National Presence:

  • Public Company (NYSE:AVB)
  • Market cap $27B
  • Sole focus: apartment development &

management

  • In-house Development / Construction /

Management

  • 288 communities (~85,000 apts) in 6

regions

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EXISTING CONDITIONS & HISTORY

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PROPOSED CONDITIONS

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PERMITTING STRATEGY

  • Modification to Existing Comp Permit
  • Local Initiative Program (DHCD)
  • Memorandum of Agreement (MOA)
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  • Site access

through existing Avalon Acton

  • 13 buildings:

townhome & direct-entry

  • 86 units (incl. 22

affordable)

  • Pedestrian

connectivity

  • Amenities
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  • Targeting empty nester population
  • 2- and 3-story buildings
  • Townhome & Direct Entry units
  • Each unit has own front door
  • Ample storage
  • Majority of units have their
  • wn garage
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UNIT DISTRIBUTION THROUGHOUT SITE

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REPRESENTATIVE IMAGERY

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REPRESENTATIVE IMAGERY

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INFRASTRUCTURE

  • Water
  • Sewer
  • Gas
  • Electric
  • Access
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CORPORATE

  • Corporate commitment to setting science-based emissions reduction targets to be approved by the

Science-Based Targets initiative (SBTi)

  • 2020 Total Portfolio Goals: 15% reduction in energy use intensity (EUI) and 15% reduction in water use

intensity (WUI) of entire portfolio

  • Boston: Joined the Mayor’s Carbon Cup in 2015 and are members of the Green Ribbon Commission.

As Mayor’s Cup participants we are committing 1MM square feet of our Boston properties to a 35% reduction in energy use intensity by 2020

  • Individual unit sub-metering
  • EnergyStar appliances
  • Low flow plumbing fixtures

GREEN CONSTRUCTIONS STANDARDS (including, but not limited to)

  • Recycling programs
  • Tank-less water heaters
  • EnergyStar Low-E windows
  • Zero VOC paint
  • EV car charging
  • LED lighting
  • Drip irrigation and native /

drought resistant planting

ADDITIONAL PROJECT-SPECIFIC

  • Solar

SUSTAINABILITY

  • EnergyStar Certification
  • Stretch Energy Code
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DEVELOPMENT TIMELINE

Permitting Commence Construction First Occupancy Construction Completion Winter/Spring 2019 Spring/Summer 2019 Spring 2020 Summer 2020

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QUESTIONS?

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PROPOSED CONDITIONS:

ORIGINALLY PERMITTED LOT 4 SITE PLAN (2005)

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EXTERIOR ELEVATIONS

BUILDINGS A & M

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EXTERIOR ELEVATIONS

BUILDINGS B, D, F AND J

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EXTERIOR ELEVATIONS

BUILDING C

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EXTERIOR ELEVATIONS

BUILDING E

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EXTERIOR ELEVATIONS

BUILDING G

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EXTERIOR ELEVATIONS

BUILDINGS I & L

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EXTERIOR ELEVATIONS

BUILDINGS H & K