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  • Studio Living Works: at Nicholson Lane

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    The document proposes a residential development called aPAD (affordable personalized apartment dwelling) at Nicholson Lane that would provide affordable housing options for single residents through small, efficient studio units. The development aims to promote affordability, convenience and sustainability near transit while providing economic and neighborhood benefits. It is estimated to generate millions in annual revenue for the county as well as affordable housing gains, with traffic relief through alternative transportation options due to the low vehicle trips of aPAD residents.

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    The document proposes a residential development called aPAD (affordable personalized apartment dwelling) at Nicholson Lane that would provide affordable housing options for single residents through small, efficient studio units. The development aims to promote affordability, convenience and sustainability near transit while providing economic and neighborhood benefits. It is estimated to generate millions in annual revenue for the county as well as affordable housing gains, with traffic relief through alternative transportation options due to the low vehicle trips of aPAD residents.

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    16 views16 pages

    Studio Living Works: at Nicholson Lane

    Uploaded by

    M-NCPPC
    The document proposes a residential development called aPAD (affordable personalized apartment dwelling) at Nicholson Lane that would provide affordable housing options for single residents through small, efficient studio units. The development aims to promote affordability, convenience and sustainability near transit while providing economic and neighborhood benefits. It is estimated to generate millions in annual revenue for the county as well as affordable housing gains, with traffic relief through alternative transportation options due to the low vehicle trips of aPAD residents.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    of 16

    STUDIO LIVING WORKS

    at Nicholson Lane

    Bob Eisinger
    Jody Kline
    March 19, 2009
    MNCPPC Work Session
    EXISTING
    IMPROVEMENTS N

    opportunities:
    economic development - environmental protection - neighborhood benefits
    RESIDENTIAL
    PROGRAM full build out at 4.0
    RESIDENTIAL
    PROGRAM retail and recreation

    aPAD development promotes affordability, convenience, and sustainability


    LOCATION
    transit oriented
    ADVANTAGE

    metro
    1/3 mile

    bus out
    front
    Nicholson

    Huff
    MARC down
    Nicholson
    Executive

    355
    aPAD 1 aPAD = 380 affordable square feet
    1 unit in Draft Plan = 1200 square feet
    model units
    Phasing and density implications

    Economic and energy efficiency

    Studio layouts total only 0.9% of the County’s existing housing stock
    (10% in Arlington)
    aPAD
    residents

    Paniz, Financial Services Costa, Dept of Defense Joy, DC Dept of Education

    25% of MoCo households are residents living alone = 85,700 people


    200,000 households in MoCo meet the salary requirements for aPAD ownership
    aPAD
    housing model units

    BRINGING NEW PEOPLE TO OLD NEIGHBORHOODS


    • workforce residents
    • regional commuters
    • empty nesters
    • recent college graduates
    • NIH/BRAC employees
    • government employees
    • health care specialists

    Floor plans can be combined into one and two-bedrooms


    aPAD
    housing model units

    TARGET DEMOGRAPHIC
    • 22-42 years old
    • unmarried
    • first time homeowners
    • no kids
    • average household size: 1.15

    Market, not the Plan, determines unit mix


    CIVIC
    AMENITIES

    contributes to the vision for a sustainable community rich in neighborhood amenities


    PUBLIC
    BENEFITS

    $3.0 million in net


    revenues to the County
    annually ($1600 per unit)

    $21.9 million in impact


    fees and taxes

    $86 million annually to


    the County economy
    from spending by
    residents and visitors
    PUBLIC
    BENEFITS

    major affordable and workforce housing gains at a TOD site

    240 MPDUs
    190 Workforce Units
    PUBLIC
    BENEFITS
    transportation demand management

    Zip cars

    Metro shuttles

    aPAD units have a low vehicle trip generation rate


    TRAFFIC
    CONGESTION RELIEF

    prioritizes routes off the Pike


    Executive Boulevard Extended
    ENVIRONMENTAL
    BENEFITS N

    sites developed in the 1970s


    EXISTING

    imperviousness of Mall District

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