Sustainability
Manhattan Office Tower Joins LEED League
The Cushman & Wakefield-managed Heron Tower aimed for LEED Silver certification, but achieved LEED Gold status due to upgraded plumbing and air conditioning fixtures, as well as a brand new building management system.
Polski Solar to Develop Deer-Shaped Solar Farm
The 10-megawatt facility, estimated to generate sufficient energy to power 4,500 households, will comprise 30,000 black and blue colored photovoltaic panels shaped like a reclining deer.
The Critical Bridge Between Engineers, CRE
Engineers must combine technical and business savvy with extensive knowledge of real estate finance in order to manage the risk-return balance, optimize efficiency and resiliency or generate value from long-term investments, says Joe Derhake, who leads Partner Engineering and Science, a national environmental and engineering due diligence consulting firm.
NYC’s 10 Hudson Yards Achieves LEED Platinum Status
The 1.8 million-square-foot office tower at Related Cos. and Oxford Properties Group’s $20 billion Hudson Yards mixed-use development becomes the first commercial office building in New York to achieve the coveted Platinum rating since USGBC’s launch of the LEED v2009 rating system.
Bolstering Revenue with Solar Rooftop Leases
With the cost of PV solar installations at a low, rooftop solar leases have more income potential than ever before. Gabriel Schnitzler of Mintz Levin shares key operational and legal considerations for property owners to keep in mind when diving into this new opportunity.
Alliant Energy Takes Over 170MW Wind Farm in IA
Through its Iowa utility subsidiary Interstate Power and Light Co., the company will begin construction of the 15,000-acre wind farm in 2018.
Trends in Cost-Effective, Energy-Efficient Technologies
In the aftermath of recent extreme weather events, commercial real estate players are turning to alternative energy sources to ensure continued operations during disasters, notes Kate Moore, deputy director of the National Renewable Energy Laboratory’s Innovation & Entrepreneurship Center.
Sacramento Nabs Largest On-Airport Solar Facility in CA
With capital investment from NRG Energy, the project is expected to provide nearly one-third of the city’s airport with electricity, cutting energy costs by $850,000 per year.
Rock Falls Wind Project Begins Commercial Operation
Kimberly-Clark Corp. has signed a power purchase agreement at the 154-megawatt wind facility in Oklahoma, which has been under construction since July 2017.
Oilfield to Hold California’s Largest Solar Project
Aera Energy and GlassPoint Solar will deliver the first-ever solar project to power oilfield operations. Located in the San Joaquin Valley, the 850-megawatt project is estimated to save more than 376,000 metric tons of carbon dioxide emissions per year.