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There is a significant and growing interest in green design and development by leaders of the real estate community. Through our many news scans, we come across a great deal of relevant and applicable subject matter.
Our objective is to further our knowledge base while serving as a centralized point for articles of interest to our clients and site visitors. Please contact us with any green design or relevant environmental news items.
Please contact us with any green design or relevant environmental news items.
NEWS ARTICLES
Developer Unveils USC's Only LEED Platinum Student Housing Project
USC Students’ Facebook Comments Lead to L.A.’s Greenest Student Housing
Apr 21, 2011
By Barbra Murray, Contributing Writer
Los Angeles–It’s sage advice. Give the people what they want, and Symphony Development did just that when it built West 27th Place, a premier 161-unit student housing apartment scheduled to debut in May near the University of Southern California in Los Angeles. The commercial real estate company didn’t just consult statistical reports when planning the project, ...more
DOE Opens Net Zero Office in Colorado
GOLDEN, Colo. — One of the nation’s largest net zero-energy office building's, the 222,000-square-foot Research Support Facility will house over 800 employees from the United States Department of Energy’s National Renewable Energy Laboratory.
Construction wrapped up this summer on the $64 million RSF, which is expected to consume 50 percent less energy than equivalent-sized commercial buildings.
Currently pursuing LEED Platinum certification, the RSF was built in a “lazy H” for...more
Fannie Mae's LEED Data Center Saves $1.7 Million Over 5 years
URBANA, MD — With Earth Day around the corner, companies and organizations of all kinds are highlighting green achievements large and small. And mortgage company Fannie Mae is taking the opportunity to provide a look at the impacts of its green data center.
Fannie Mae's 247,000 square foot data center (pictured at left) was the first such facility certified by the U.S. Green Building Council to earn the LEED rating, back in 2005. In the ensuing years, the data center has saved the agency ...more
Architect Magazine Overviews LoraxPRO
Given the proliferation of free or inexpensive sustainable design tools on the web, ARCHITECT asked three green leaders to tell us their go-to gadgets.
By:Katie Gerfen
Greg Mella
Sustainable Design Director, SmithGroup
Washington, D.C.
NASA Weather Data
eosweb.larc.nasa.gov
The NASA weather service has detailed meteorological information for virtually any location in the world. “The truth is, we start to use this site before we even get the job,” says Mella...more
NY TImes: SEC Adds Climate Risk to Disclosure List
S.E.C. Adds Climate Risk to Disclosure List
By JOHN M. BRODER
WASHINGTON — The Securities and Exchange Commission said on Wednesday for the first time that public companies should warn investors of any serious risks that global warming might pose to their businesses.
Although the agency has long required companies to reveal possible financial or legal impacts from a variety of environmental challenges, it has never specifically cited climate change as bringing potentially signif...more
Globe Street - Green Buildings Expect Lower Financing Rates in Future
WASHINGTON, DC-Today few lenders place much significance to a building’s green status – whether it is LEED certified or not – when putting together financing for the project. Even Wells Fargo, a bank that has financed a number of green buildings, does not have special criteria in place for these projects, according to comments made by James Finlay, VP - Commercial Appraisal Manager, at the bank at Real Estate Media's RealShare Green Building conference, held in Washington, DC recently. These bui...more
Chipotle Restaurant Earns LEED-R Platinum Rating
A Chipotle Mexican Grill in Illinois with its own wind turbine and a 2,500-gallon underground water cistern to harvest rainwater was certified by the U.S. Green Building Council at the organization's highest rating.
The Denver-based "fast-casual" dining chain of more than 860 restaurants and the USGBC announced the certification today.
The restaurant in Gurnee, Il., which opened last fall, is the first to receive the top green rating under the USGBC's retail pilot...more
Pension Funds Representing $1.4 Trillion Petition SEC For Climate Risk Disclosure
Investors with US$1.4 trillion in assets call on the SEC to improve disclosure on ESG using GRI Framework
Members of the Investor Network on Climate Risk (INCR) and other leading global investors sent a letter to the U.S. Securities and Exchange Commission (SEC) on June 12 2009 requesting that the Commission address corporate disclosure of climate change and other material environmental, social, and governance (ESG) risks in securities filings.
The letter’s 41 signatories include s...more
BofA, Durst Refinance One Bryant Park LEED Platinum Building For $1.29BB
June 26 (Bloomberg) -- A group of banks has provided Bank of America and the closely held Durst Organization almost $1.28 billion to refinance their environmentally “green” tower near midtown Manhattan’s Bryant Park in New York.
Chairman Douglas Durst described the deal as the first major real estate financing completed in the U.S. since capital markets crashed last fall. The money will continue to pay construction costs for the nation’s first commercial tower certified by the U.S. Green ...more
Sears Tower Unveils $350MM Sustainability Upgrade Plan
Sears Tower Unveils $350M Sustainable Plan to Transform Tallest Building in Western Hemisphere
Edited: Jennifer Brenner
Source: Sears Tower
The Sears Tower has announced plans for the most significant sustainable modernization projects of an existing building ever undertaken. The project will result in unparalleled energy savings and reduced CO2 emissions to the tallest building in the Western Hemisphere, reducing the base building electricity use by up to 80 percent, which inc...more
CoStar Update - Green Building Review
The Green Building Review: Re-Skinning and ... Matlock?
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By Andrew C. Burr
June 2, 2009
Hines earned LEED certification for the 48-story tower at 101 California Street, in San Francisco.
The environmental group Zerofootprint on Tuesday launched its Building Re-Skinning Competition in New York, an international contest that will publicize energy efficiency measures that can be reproduced in cities worldwide. The competition is open to ar...more
Broadway Opening For Nation's First LEED Certified Theater
Another Step for Sustainability as Curtain Rises on Broadway's First Green Theater
May 22, 2009
By: Eugene Gilligan, Senior Editor
Call it the "Great Green Way." Following on the heels of Manhattan's iconic Empire State Building going green, Broadway is getting its first green theater.
Built to green standards, Henry Miller’s Theatre has received a temporary certificate of occupancy. The 1,055-seat house is located in the new 55-story Bank of America Tower,...more
Google Partners With Eight Utilities For Smart Meter Projects
MOUNTAIN VIEW and SAN DIEGO, Calif. -- Eight utilities in the U.S., Canada and India are teaming up with Google in smart meter projects that will enable customers to monitor their energy use online and better manage their power consumption, the Internet giant announced.
In Southern California, San Diego Gas & Electric is among the first of the utilities to launch its program -- a $572 million effort that will bring smart meters and access to the Google PowerMeter gadget to the energy comp...more
First City Tower in Houston Received LEED-EB:OM Gold
HOUSTON-The one-million-square-foot, First City Tower has been awarded LEED Gold certification from the U.S. Green Building Council. The class A CBD office tower is the first existing building in Texas to receive the designation.
CB Richard Ellis associate director and First City Tower general manager Dave Johnson says the goal of certification began two years ago. However, building owner FC Tower Property Partners LP began greening up the office tower at 1001 Fannin St. in 2000.
&...more
Watt Plaza in LA Received LEED-EB:OM Gold
Watt Plaza Becomes First Office Building in Los Angeles to Receive Prestigious Gold LEED® Certification in ‘Existing Buildings Operations and Maintenance’ Category5-19-09 2:28 PM EDT | E-mail Article | Print Article
Watt Plaza, a twin 23-story office tower complex encompassing 900,000 square feet in the heart of Century City, has been awarded Gold LEED Existing Buildings Operations and Maintenance (EB O&M) certification by the U.S. Green Building Council, making it the first office buildi...more
WSJ: Insurance Discounts For Green Buildings
Your insurance company may give you a break if you go green.
After years of inertia, the $16 trillion industry has begun to address climate change with mandatory risk disclosures and more products to help businesses and individuals reduce energy use. Insurers have begun to offer lower premiums on car, homeowner and property insurance for people who drive less, own hybrid cars or build green homes.
"Climate change represents an opportunity for insurance companies to reduce ...more
Empire State Building Implements Green Makeover
News clip on the Empire State Building's energy efficiency and green efforts
California Adopts Low Carbon Fuel Standard
California Adopts a Low-Carbon Fuel Standard
The California Air Resources Board (CARB) adopted a regulation last week that aims to achieve a 10% reduction in greenhouse gas (GHG) emissions from California's transportation fuels by 2020. The new Low-Carbon Fuel Standard (LCFS) is aimed not at reducing the total amount of fuel consumed, but rather the GHG emissions associated with each gallon of gasoline or diesel fuel sold, or associated with the equivalent amount of substitute fuel sold. The ...more
DOE Announces $777 Million in Low Carbon Energy Research Grants
nergy Frontier Research Center (EFRC) Awards
April 27, 2009. The White House today announced that the U.S. Department of Energy Office of Science will invest $777 million in Energy Frontier Research Centers (EFRCs) over the next five years. In a major effort to accelerate the scientific breakthroughs needed to build a new 21st-century energy economy, 46 new multi-million-dollar EFRCs will be established at universities, national laboratories, nonprofit organizations, and private firms acros...more
Corporate Real Estate Continues Pursuing Green Initiatives
Economic Update - Corporate RE Plays New Role in Tough Times
April 28, 2009
By: Dees Stribling, Contributing Editor
It's a whole new world for corporate real estate owners, according to the 2009 State of the Industry Report by CoreNet Global, which was released Monday. The report distilled the views and opinions of more than 60 corporate real estate executives from around the world, along with information gleaned from various corporate real estate case studies.
In some ways,...more
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