142-144 Old Colony Avenue Update 10/10/23

Burns Realty & Investments Launches Dryv, a Custom Car Share App

144 Old Colony Ave. located in the heart of South Boston is definitely a “Walker’s Paradise” earning a Walk Score of 90. The site is just 10 minutes from 2 different MBTA Redline stations, 10 minutes from the trendy restaurants and bars of West Broadway, and 20 minutes from the beach. However, as many South Boston residents know, sometimes you just need a car, maybe it's for that big Target run or perhaps a trip to the Cape. Of course, then you have to worry about parking (and what household item you might use for a space saver).

When Burns Realty & Investments was developing the mixed-use building along Old Colony Ave., the team wanted to offer a unique amenity for residents, one that would also boost sustainability of the project. The firm planned to provide a car share for residents but found options lacking or outdated so they bought an electric car and built their own custom app, Dryv. The Dryv app will allow residents to reserve the building’s electric car for up to 4 hours at a time. While the 19-unit project does offer parking on-site, the car share will give residents the option to live “car-free” in a very walkable neighborhood. The electric car arrived on-site and the Burns team launched the app in early October. 

For the growing real estate firm, technology has always been key across all verticals, development, construction, brokerage, and property management. Creating the app from scratch enabled the Burns Team to customize the car share program for the needs of their residents. Adam Burns, Owner of Burns Realty & Investments tells BLDUP,  “After conducting a thorough examination of the existing car-sharing solutions, we identified a notable gap in the market—a void that could be filled to the advantage of both residents and developers. Through our program, developers not only gain the flexibility to establish pricing structures aligned with usage patterns but also stand to share in the generated revenue. Simultaneously, tenants gain access to an affordable and environmentally sustainable means of transportation."

 

dryv car

View 142-144 Old Colony Avenue >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News