Tesla may have just posted revenues that fell short of Wall Street’s
expectations, but luxury property developers are still banking on its
popularity, anticipating that electric cars could become commonplace
among their buyers.
Across the U.S., high-end residential buildings are including electric vehicle charging stations as amenities.
In South Florida, for example, developer Mast Capital is building
3900 Alton, an eight-story condominium in Miami Beach. Designed by
Spanish architect Ricardo Bofill, the 78-unit building will offer
multiple electric vehicle, or EV, charging stations, as well as a “Tesla
house car” to chauffeur residents to and from the beach club at Nobu Hotel Miami Beach. And, yes, residents will have VIP access.
“When designing 3900 Alton, the team recognized our buyers’ profile was
aligned with the rise in electric car ownership within the luxury
sector,” said Camilo Miguel Jr., CEO and founder of Mast Capital. Mr.
Miguel noted the inclusion of charging stations and a chauffeured Tesla
complemented the building’s location in Mid-Beach, an area rife with
shopping, dining and nightlife.
In Miami’s South of Fifth neighborhood, the boutique condominium
Louver House will offer four EV charging stations for its 12 residences,
and on nearby Fisher Island, a private island community off Miami
Beach, the ultra-luxe condo Palazzo del Sol offers wiring for electric
car charging.
All these properties are betting on the increasing popularity of electric cars. And they could be right.
According to a recent study from Bloomberg New Energy Finance,
big reductions in battery prices lie ahead, which means electric
vehicles could become a more viable alternative to gasoline or diesel
cars. The study predicts that sales of electric vehicles will reach 41
million by 2040, representing 35% of new car sales across the globe.
With green design in mind, here’s a look at five luxury developments
that may appeal to those with a Model S parked in their garage.
On The Market
Manhattan
Coming to the TriBeCa riverfront in 2018, the 46-unit condominium 70
Vestry will have eight EV charging stations, as well as a residents’
garage with an automated parking system. Amenities will include a squash
court, a swimming pool, a children’s pool and two plunge pools.
Brooklyn
The days of fighting for parking in Brooklyn are (almost) over. At
the condominium 610 Warren in Boerum Hill, residents will have access to
a private parking garage with 10 EV charging stations. The seven-story
building will have 31 residences. Completion is expected in the spring
of 2017.
Staten Island
Located on Staten Island’s North Shore, the 900-unit rental building
Urby offers its residents a parking garage with 300 spaces and electric
car chargers. Other green amenities include a 5,000-square-foot urban
farm, a rooftop apiary with several beehives and a communal kitchen
boasting a chef-in-residence. The kitchen will offer culinary classes
and gourmet tastings.
Boston
Perched above Boston’s newest Four Seasons hotel in the Back Bay, the
Private Residences at One Dalton will have a 300-car garage that comes
with a decadent twist—six EV charging stations operated by valet. When
finished in 2018, One Dalton will be New England’s tallest residential
building.
Honolulu, Hawaii
Developed by the Howard Hughes Corp., Ward Village is a 60-acre
master planned community, home to the luxury residential towers Waiea
and Anaha. Nick Vanderboom, senior vice president of development, said
electric vehicle charging stations are a popular upgrade at both towers,
and many buyers are selecting this option even though they don’t yet
own an electric car. To date, 50 stations are planned for Waiea and 26
for Anaha. Mr. Vanderboom said these upgrades are reflective of
forward-thinking buyers who realize that environmentally sustainable
transportation is the wave of the future.
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