While developers race to offer the biggest and most spectacular amenities to their residents, one luxury amenity that can never be overlooked is a building’s walkability factor. The ability to walk to great schools, amazing shopping or to the office can greatly enhance a resident’s quality of life and even increase a home’s value. A recent study by RedFin highlighted that a property’s Walk Score led to a direct increase in home price, with an increase from 19 to 20 resulting in home price increases of about $181. For an increase of 79 to 80, that price increased over $7,000, implying that “high demand is relative to supply for homes in high scoring city areas.”
The factor of walkability has become even more important since the pandemic began. Walkability can enable residents to avoid high volume areas during surges, such as public transportation, and allows them to spend more time outside, which has been shown to reduce viral spread. As a result, the demand for homes with high walkability factors is even higher than ever.
These developments emphasize walkability as a high priority for buyers:
Residence: ALINA Residences Boca Raton
Location: Boca Raton, Florida
Description: ALINA Residence Boca Raton is luxury at its best. With wellness as its focal point, ALINA’s rich environment provides an abundance of options for active lifestyles and the opportunity for outdoor fitness and recreation. Its landscaped outdoor promenades connect to the heart of Boca Raton, where Royal Palm Place, Mizner Park, al fresco dining, upscale galleries, and couture boutiques are all just a stroll away. Surrounded by nature in a peaceful resort atmosphere, ALINA is quietly tucked away in historic downtown Boca Raton, yet so close to a world of conveniences. Residents are enveloped in the energy of downtown living, the captivating greenscape of the Boca Raton Resort and Club golf course, and the beauty of nearby beaches and fresh ocean breezes.
Residence: Pendry Residences West Hollywood by Montage Resorts & Hotels
Location: West Hollywood, California
Description: Pendry Residences West Hollywood, located on Sunset Blvd and Olive Street, gives residents the privacy of secluded single-family living, with close proximity to the lively West Hollywood. West Hollywood is both the geographical and cultural heart of LA, readily accessible to the best of everything the city has to offer. Bounded by Beverly Hills to the west, the Hollywood Hills to the north, dynamic Hollywood to the east, and vibrant Beverly Grove and the Fairfax District to the south, the neighborhood is packed with buzz-worthy restaurants, a world class design district, trendy pop-up shops, innovative concept stores and energetic nightspots. Pendry West Hollywood stands out among West Hollywood’s legendary landmarks and joins the fabric of the fabled Sunset Strip.
Residence: Springline
Location: Menlo Park, CA
Description: When fully open summer 2022, Springline will be a connected community filled with creative offices, modern hospitality-driven residences, destination dining and outdoor experiences all centered on a culture of innovation, exploration and new encounters. Situated in the heart of the Peninsula, Springline was designed to be a walkable city within a city to live, work, think, play, conveniently located adjacent to downtown Menlo Park and steps from the Caltrain Station. As a testament to this vision, the 6.4-acre mixed-use development will feature a robust line-up of San Francisco restaurant staples with new outposts and concepts at Springline including award-winning Italian taverna Che Fico and the first ever Che Fico market, Andytown Coffee Rosters, Barebottle, Burma Love, and two new concepts from Menlo Park favorite Camper. The Residences at Springline, pre-leasing this spring, will further integrate the theme of placemaking infused with hospitality and tech and are expected to draw residents seeking a walkable, interactive, indoor-outdoor community that is fast becoming the Peninsula’s most desired destination.
Residence: Bloom on Forty Fifth
Location: New York, New York
Description: Bloom on Forty Fifth offers residents an urban oasis in the midst of the hustle of New York City. Located in the historic neighborhood of Hell’s Kitchen, Bloom’s stunning 92-residence condominium offers homeowners everything they need, right outside their front door. Steps away, residents will find Hudson Yards, boasting over 100 luxury shops and fine and casual dining experiences. Just to the south, The High Line’s impeccably designed landscaped pathways offer access through Chelsea to its southernmost point next to the new Whitney Museum. Furthermore, Hudson River Park’s biking and running paths are located directly west of Bloom and offer awe-inspiring views of Manhattan’s iconic skyline. The building is also just a 15-minute walk to Bryant Park and some of Midtown’s biggest office buildings.
Residence: Four Seasons Private Residences Nashville
Location: Nashville, Tennessee
Description: Located in the upmarket neighborhood of SoBro, Four Seasons Private Residences Nashville offers homeowners easy access to many of Nashville’s hottest spots. Right outside Four Seasons doorstep, residents will find riverside Cumberland Park, with over 6.5 acres to explore. For those looking to explore Nashville’s famous music scene, the building is a close walk to some of Nashville’s most renowned performing arts venues like the Ryman Auditorium and the Ascend Amphitheatre, and nearby the city’s famous nightlife. As Nashville’s most coveted address, Four Seasons Private Residences Nashville is a peaceful oasis set amongst the hustle and bustle of the lively downtown entertainment scene.
Residence: Anagram NoMad
Location: New York, New York
Description: Anagram NoMad, a luxury rental development is located in the heart of NoMad, a neighborhood of Manhattan known to be a focal point for culture, business and entertainment. Residents living at Anagram NoMad have access to historic landmarks including the Empire State and Flatiron Buildings and are nearby eateries including Scarpetta, ABC Kitchen and Gramercy Tavern.
Residence: Mandarin Oriental Residences, Fifth Avenue
Location: New York, New York
Description: Mandarin Oriental Residences, Fifth Avenue not only offers residents a move-in, turn key experience, it is located on Manhattan’s most iconic stretch, the 29-story historic conversion — once headquarters of fashion house Gucci—is surrounded by renowned luxury retail, fine dining and cultural landmarks, with Central Park a short stroll away. Mandarin Oriental Residences, Fifth Avenue offers the unparalleled—five-star hotel services, with none of the guests; and the comfort of home, with none of the upkeep.
Residence: Mandarin Oriental Residences, Boca Raton
Location: Boca Raton, FL
Description: Located on the historic Via Mizner strip, Mandarin Oriental Residences Boca Raton offers residents with an unprecedented experience – designed with the intention of never having to leave. Residents will have access to conjoining Mandarin Oriental Hotel and the Shoppes at Via Mizner, on top of all downtown Boca Raton’s offerings including Mizner Park, al fresco dining, a blossoming arts and culture scene, beaches, and more.
Residence: RISE
Location: Long Island City, Queens
Description: RISE, a new luxury rental development designed by award-winning architecture firm Fogarty Finger, is located in the vibrant Dutch Kills area of Long Island City, a hidden locals favorite with some of the most diverse restaurants, cafes and shopping just minutes from the building. RISE residents can also easily hop around the enclaves many art galleries or check out the ever popular MOMA PS1. Modern Spaces is the exclusive leasing and marketing brokerage.
Residence: NOVA
Location: Long Island City, Queens (specifically Dutch Kills and Queens Plaza)
Description: Long Island City’s newest luxury condominium, NOVA, designed by award-winning architecture firm Fogarty Finger, considers its front door the beautiful Queens Plaza Park, a 1.5 acre 1.5 acre urban oasis with elevated walkways, open green spaces, dog park and play areas. The 24-story boutique condominium with architecture inspired by the Flatiron building is steps from evertyhing LIC’s Queens Plaza and Dutch Kills neighborhoods offer including MOMA PS1, Landmarked LIC Clock Tower, Michelin star-rated restaurants, artisan coffee shops and bakeries, Brooklyn Boulders and more. Modern Spaces is the exclusive sales and marketing brokerage.
Residence: The Anable
Location: Long Island City, Queens
Description: The Anable, a newly launched boutique condominium in Queens is surrounded by Long Island City’s cultural institutions including MoMA PS1, Museum of the Moving Image, the Fisher Landau Center for Art, and the Noguchi Museum. Residents can leave their front door and quickly walk to the neighborhood’s best galleries and restaurants or take a stroll to the iconic East River waterfront and Gantry State Park for unbeatable views of Manhattan. Modern Spaces is the exclusive leasing and marketing brokerage.
Residence: 55 Jordan
Location: Jersey City, New Jersey
Description: Located in the heart of Journal Square in Jersey City, 55 Jordan is in one of the most walkable areas of Jersey City with a walkability score of 95.
This brand new 267-unit luxury rental development gives residents access to the best of Jersey City’s restaurants, bars, art galleries and the over 1200-acre Liberty State Park and its Empty Sky Memorial. Modern Spaces is the exclusive leasing and marketing brokerage.
