BKV Group: Co-Living

CO-LIVING

CO-LIVING LIVE+WORK+PLAY

A r chi t e c t u r e

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In t e r i o r De s i gn

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L an ds c ape Arc h it e c t u re

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En gin e e rin g

WHY CO-LIVING? WALKABILITY, AFFORDABILIY, AND COMMUNITY IN THE HEART OF WHERE YOUNG PROFESSIONALS WANT TO LIVE. • Smaller unit sizes = lower monthly rent for residents • 44% greater rent/SF vs conventional market-rate • 30% greater NOI • Location is key; proximity to walkable urban centers

DRIVERS Building design and programming are critical to bringing residents together into shared spaces to create community.

A PLACE WHERE FRIENDS BECOME FAMILY.

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

84% EXPECTED SUPPLY INCREASE IN CO-LIVING PROPERTIES 2022

CO-LIVING: LIVE WORK PLAY + MORE

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THE OPPORTUNITY TO DESIGN SPACES THAT ENCOURAGE RESIDENTS TO INTERACT, CULTIVATE A COMMUNITY, AND EMBRACE THE GREATER NEIGHBORHOOD Cafes, lounge areas, co-working spaces, event space, living spaces, and fitness spaces combine to bring residents together to create a holistic community.

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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WHO COMMUNITIES TARGETING YOUNG PROFESSIONALS WHO WANT TO LIVE IN URBAN CENTERS • Ages 25-35 • Highly Social • Active Lifestyle • Tech-Savvy Professionals

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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EXPERIENCES 85% TO 150% MORE AMENITY SPACE • Communal Lounges at each level • Commercial Quality Kitchens • Large Maker Spaces • Abundant Co-working Spaces • Elevated Entertainment & Gaming Spaces • Outdoor Experiences • and More...

ACTIVATED SOCIAL SPACES • Commuity Programming • Bringing People Together • A Place “Where the Neighborhood Gathers” to LIVE, WORK, and PLAY

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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LIFESTYLE PERSONAL

PROFESSIO

PERSONAL/PRIVATE Rest/Recharge Respite Slumber Dine/Sustenance Entertaining/Social Revitalize Adventure/Spontaneity

PROFESSIONA Co-Working Spaces Network Connectivity Shared Ideas Shared resources (copy/print/etc)

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

ONAL

SOCIAL

SOCIAL/PLAY Recreation Fitness/Wellness Gather Nourish/Cooking Classes Drink Entertain Splash/Pool Alfresco/Outdoor Adventure

AL/WORK Conference Spaces Private Offices Large Maker Spaces

CO-LIVING: LIVE WORK PLAY + MORE

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THE CHALLENGE SUCESSFULLY BLEND ACTIVE, SOCIAL, AND WORK SPACES WITH PRIVATE LIVING SPACE TO FORM A VIBRANT COMMUNITY FOR YOUNG PROFESSIONALS A new way of living is emerging of bringing together resort-style amentities, the best of coworking principles, and urban residential experiences to blend private and social intractions among residents for creative collaboration and lasting freindships – a community, a culture, a home.

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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THE CASE STUDY SUGAR HOUSE Located in the heart of Salt Lake City’s Sugar House neighborhood, Alta Terra’s Sugar House is a highly amenitized, market-rate/co-living residential community.

The property contains micro-units appealing to young professionals wanting the urban lifestyle of this hip, vibrant neighborhood. Smaller unit sizes offer a more affordable option with a wealth of amenities and programing to bring residents together. Social living and recreation spaces, as well as co-working and community work spaces, create an immersive co-living experience.

LIVING LIVING LIVING LIVING LIVING

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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SUGAR HOUSE A NEW LIFESTYLE

Key to this co-living design strategy is creating amenity spaces to promote community interaction and provide residents with a lifestyle they could not otherwise afford in a conventional housing product.

• Located in a vibrant urban setting • Resort lifestyle • Flexible living • Units being flexible, efficient, and meet privacy needs.

• Community programming • Amenity spaces bringing residents together to make the friends that become family.

• A sense of community

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

1121

1 & 1132 East Ashton Avenue - Salt Lake City, UT| 2367.04

CO-LIVING: LIVE WORK PLAY + MORE

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SUGAR HOUSE

CO-LIVING DESIGN STRATEGY | THE COMMUNITY The unique opportunity afforded by Sugar House is to develop a new type of design strategy founded on a co-living model. Coliving means walkability, affordability, and community where smaller unit sizes are offset by having 85-150% more amenity space than typical apartment buildings .

Level 8

Levels 5-7

Level 4

Level 3

Level 2

Level 1

NORTH BUILDING

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

PET SPA

S 1100E

FAIRMONT PARK

R ND D HLA S HIG

BIKE LANE

DN

REFER TO NORTH BUILDING DRAWINGS

COWORK

PARK CONNECTION

COFFEE SHOP

ART PLAZA BIKE LANE

BIKE LANE

ASHTON AVE

BIKE LOUNGE

ENTRY PLAZA 0"

DN

PROPERTY LINE 25' - 6 1/2"

DOG PARK ENTRY/LOBBY PROPERTY LINE

Residential

Amenity 1121 &Deck 1132 East Ashton Avenue - Salt Lake City, UT| 2367.04

Circulation

Parking

Amenity

Mechanical / Services Level 8

Levels 5-7

Level 4

Level 3

Level 2

Level 1

SOUTH BUILDING

CO-LIVING: LIVE WORK PLAY + MORE

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SUGAR HOUSE CO-LIVING DESIGN STRATEGY | LIVE

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

The key to our co-living design strategy is to provide residents smaller yet more affordable units with better shared amenities, in a walkable urban environment. Sugar House is located in a vibrant urban setting - a paradise for walkers and cyclists alike. Strategic connections including extra wide sidewalks/trails provide direct access to the neighboring park and public art plaza and the hip urban landscape of the neighborhood, while promoting a healthy lifestyle. Each living unit provides just what residents need: flexible kitchens, day/night spaces for living and sleeping, ensuite baths and ample well placed storage. Luxury amenity spaces bring residence together to create community.

NORTH BUILDING

SOUTH BUILDING

Residential Circulation Amenity Amenity Deck Parking Mechanical / Services Live

CO-LIVING: LIVE WORK PLAY + MORE

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SUGAR HOUSE CO-LIVING DESIGN STRATEGY | WORK

NORTH BUILDING

SOUTH BUILDING

BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

Designed for socially conscious residents, a new way of working has emerged employing flexible spaces which merge work and living functions. Sugar House combines the two with active community hubs -a series of private and social spaces to spur interaction, accommodate creative collaboration, and become home for residents seeking a uniquely accessible and blurred live/ work environment. This flexible use of space allows more functionality in a smaller footprint creating less environmental impact than larger single use spaces. Additional sustainable elements included are ingrained throughout including LED lighting for energy efficiency, locally sourced low VOC materials for air quality, and electric vehicle parking with charging stations.

DN

CO-LIVING: LIVE WORK PLAY + MORE

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SUGAR HOUSE CO-LIVING DESIGN STRATEGY | PLAY

LIVING ROOM

LAUNDRY LOUNGE BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

Inspired by the neighborhood’s independence, strong art community, oneof-a-kind retail, food and beverage scene, and offbeat, progressive energy dating to the 1970’s, Sugar House was created to become a key member of the community. Murals and art were commissioned from neighborhood artists and space was incorporated for pop-up retail to showcase work of local vendors. We took full advantage of the sites high walkability score (93 out of 100), access to public transit, bike routes which allowed up to a 50% parking reduction from base code requirements. With the additional space, we included a bicycle lounge and storage.

Living Room Mechanical / Services

Laundry / Fitness Mechanical / Services

CO-LIVING: LIVE WORK PLAY + MORE

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BKV GROUP | ENRICHING LIVES AND STRENGTHENING COMMUNITIES

CO-LIVING: LIVE WORK PLAY + MORE

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5

PRACTICE SITES

43 200+

YEARS OF O P E R AT I O N

EMPLOYEES

BKV GROUP IS A HOLISTIC DESIGN FIRM PROVIDING ARCHITECTURE, ENGINEERING, INTERIOR DESIGN, LANDSCAPE ARCHITECTURE AND CONSTRUCTION ADMINISTRATION.

ENRICHING LIVES AND STRENGTHENING COMMUNITIES

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