| IN THE
July 13,
2009 ISSUE |
Eco Hotel Reaches New Heights
Dennis Quaintance, CEO of Quaintance-Weaver Restaurant &
Hotels, landed his first job at age 15 as a houseman in a hotel in
Missoula, Mont., and never left the business. Today he is the proud
owner and developer of the Print Works Bistro and Proximity Hotel, a
147-room luxury hotel and restaurant in Greensboro, N.C., the first in
the hospitality industry to obtain the U.S. Green Building Council’s
Leadership in Energy and Environmental Design (LEED) platinum
certification, a designation reserved for the highest performing
buildings.
Why the Time is Ripe for Brownfield Development
| By Ed
Elanjian, CEO, EnviroFinance Group |
Despite the bleak short-term snapshot of the commercial
real estate market, we’re at a new cusp in brownfield
redevelopment.
As tightened lending standards and the lack of liquidity across all real
estate classes have slowed most development efforts to a grinding halt,
savvy investors continue to find opportunity in breathing new life into
brownfields. These are environmentally impaired parcels of land that
have typically suffered from years of contamination as a result of such
pollution-intensive industries as gas stations and dry cleaning
operations.
Green Tidbits
Behringer Harvard has been awarded LEED Existing
Buildings: Operations and Maintenance Gold certification for Bank of
America Plaza in New York, an asset in the portfolio of Behringer
Harvard REIT I…. Watson Land Co. has been awarded LEED Gold
certification for its 297,107-sq. ft. industrial Legacy Building in
Chino, Calif….. Millennium Partners-Boston has been awarded LEED Core
and Shell Silver certification for 179 Lincoln Street, a 220,000 sq. ft.
office building located in Boston’s Leather District…. Trammell Crow
Co. and Principal Real Estate Investors have been awarded LEED Core &
Shell Gold certification for Energy Center II in
Houston.
|