Location Ventures‘ project Villa Valencia featured in Forbes Magazine article titled “Can Your Luxury Condo Keep You Healthy?”
From the article:
In the past decade lots of new ideas have found their way into residential construction — aging-in-place, green initiatives, sustainability. It seems only natural, pun intended, for wellness to be part of the equation. Turns out that wellness real estate makes up $134 billion of the of the $4.2 trillion global wellness economy. Home builders like KB Homessigned on earlier this year to develop and sell wellness real estate. But other custom builders and developers, who may not have KB’s volume of scale are seeing wellness as a great value proposition and differentiator.
One such developer taking the gamble is Rishi Kapoor, CEO of Miami-based Location Ventures, with Villa Valencia.
The project, which broke ground in Coral Gables earlier this year, will have 39 luxury condominium residences and feature the Darwin system. “Every one of our residences will be controlled by smart home systems. Darwin can plug right into that and residents can, among other things, monitor air quality and lighting temperature,” says Kapoor.
Created by Delos, Darwin is both a “hardware and software platform,” says company founder and CEO Paul Scialla. “The software is a whole algorithm that acts as a wellness brain for the home.” The system checks air and water quality, thermal and acoustic comfort and circadian lighting. “The sensor is constantly reading everything.”
For example, tap on “air quality” to learn about the level of volatile organic compounds (VOCs) in your home. The levels will rise and fall as you come in from outdoors with nasty stuff on your shoes and clothing; if you’re cooking; if you’re using hair spray. The system will let you know if the particulate level is harmful. The same goes for what’s in your water.
Click HERE to read more from the Forbes article.
