KTGY and Greystar Commence Construction on Old Ivy: A Transformative Build-for-Rent Community Redefining Charlottesville Living

WASHINGTON, D.C. - KTGY, an award-winning design firm focused on architecture, interior design, branded environments and urban design, and Greystar, a global leader in the investment, development, and management of real estate, today announced construction has commenced on Old Ivy [https://ktgy.com/Work/old-ivy/], an expansive build-for-rent residential community in the heart of Albemarle County in Charlottesville, Virginia. This landmark development is poised to redefine the rental experience, offering a variety of living options and unparalleled access to both nature and urban amenities.

Old Ivy: A Community Designed for Connection and Well-being

Strategically located within close proximity to the prestigious University of Virginia's Darden School of Business, Old Ivy will provide a unique mix of rental housing for those seeking a sophisticated and connected living experience. Drawing inspiration from the area's rich architectural heritage, blending timeless aesthetics with modern amenities, Old Ivy aims to create a truly unique residential environment.

A Diverse Portfolio of Living Options

Old Ivy will feature a total of 525 thoughtfully designed residences, encompassing a diverse range of housing types:

* Garden-Style Apartments: Offering 336 stylish apartments with one-, two- and three-bedroom floorplans, providing modern conveniences and comfortable living spaces.
* Spacious Detached Homes and Townhomes: Featuring 189 build-for-rent residences, consisting of three-bedroom standalone homes clustered around inviting green spaces or parklets (some with surface parking, others with one-car garages), fostering a sense of community and connection; and elegant three-bedroom townhomes offering a balance of personal space and shared amenities.

Unparalleled Amenities and Access to Nature

Residents of Old Ivy will enjoy an exceptional array of amenities designed to enhance their lifestyle and promote well-being:

* Two community-related amenity buildings with pools
* A leasing center
* Parks, common open space, recreation and playgrounds
* Parking is located in a series of interconnected parking areas at the rear of most buildings plus on-street parking
* Trails connected to the 20-mile rustic "urban wilderness" Rivanna Trail, which links six parks and serves as a community-wide resource for exercise, relaxation and nature-related recreation and education

A Commitment to Sustainable and Connected Living

Old Ivy is designed with a commitment to sustainability and connectivity, fostering a sense of community and promoting a healthy lifestyle. The development's pedestrian-friendly design and direct access to the Rivanna Trail encourage active living and reduce reliance on automobiles. The community's thoughtfully planned green spaces and parklets create inviting spaces for residents to connect with nature and each other.

Address: East of Highway 29, between Old Ivy Road and Leonard Sandridge Road in Charlottesville (Albemarle County), Virginia

Developer/Owner: Greystar

Architect: KTGY

Density: 14.48 du/ac

Number of Units: 525 du

Unit Plan Sizes: 685-1,434 sq. ft.

Site Area: 35.37 ac

Number of Stories: 4-5

Parking: 787 onsite parking spaces

Features: Build-for-rent community consisting of apartments, standalone dwellings, duplexes and townhomes, including two community-related amenity buildings with pools, a leasing center, parks, common open space, recreation and playgrounds, and trails connected to the 20-mile rustic "urban wilderness" Rivanna Trail.

About KTGY

Design lives at KTGY. Founded in 1991, KTGY is an award-winning firm of architects, designers and planners that realize new possibilities through inspired design. Everything we do, from architecture and interior design to branded environments and urban design is based on a people-centric storytelling and design process that creates memorable experiences nationwide. Guided by our mission to bring innovative design to all people and places, we partner with our clients to envision spaces that make a positive impact on people and their communities. Visit www.ktgy.com [https://ktgy.com/].

Media Contact
Company Name: KTGY
Contact Person: Brianne Wagner, Director, Demand Marketing
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=ktgy-and-greystar-commence-construction-on-old-ivy-a-transformative-buildforrent-community-redefining-charlottesville-living]
Phone: 18884565849
Address:17911 Von Karman Avenue Suite 200
City: Irvine
State: CA
Country: United States
Website: http://ktgy.com

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