Cramer Hill Waterfront Park Overcoming Camden’s history of economic and environmental justice challenges, Cramer Hill Waterfront Park has turned an 86-acre (35 ha) municipal landfill into an urban oasis containing abundant green space and direct access to two rivers. With the community’s vision, nonprofit organization support, and effective intergovernmental collaboration, Cramer Hill was able to […]
Community-Serving Park and Comprehensive Neighborhood Investment at the Schuylkill Yards Development At Schuylkill Yards, Brandywine Realty Trust—a national, fully integrated REIT—went beyond bricks and mortar to respond to the needs of the West Philadelphia community in the long-term master plan for the 14-acre site. The team has prioritized health and social equity with a $16.4 […]
[Project Summary] [The Site] [Planning] [Development] [Project Profile] [Under Construction] [Funded] [Permitted] [Financing] [Community Building] [Observations and Lessons Learned] [Project Information] [Interviewees] [Credits] QUICK FACTS Location Salem, Massachusetts Project Type District/Corridor/Community Site Size 195 acres Land Uses Community center Health care facility Affordable housing Transitional housing Multifamily rental housing Park Parking Public open space Recreation […]
St. Hilda’s Towers Inc. underwent a deep energy efficiency retrofit to improve the property’s efficiency, resilience, and affordability—and did so in a cost-effective, replicable manner for other high-rise multifamily assets in cold-weather climates. The project investment history is unique in that the owner had limited reserves and did not contribute to the retrofit at the […]
For one building owner, a tenant in a triple-net lease established the goal of reducing its carbon emissions in line with the Paris Accord by purchasing 100 percent renewable energy for its offices by the year 2030. To achieve this goal, the company had already begun purchasing Green-e certified RECs to cover 100 percent of […]
Hang Lung, a builder, owner, and manager of commercial properties in Hong Kong and Mainland China, is increasing its purchase of renewable energy to achieve the company’s sustainability targets, including a goal of meeting 25 percent of its mainland China portfolio electricity demand with renewable energy. Although both on-site and off-site opportunities are being considered, […]
A global owner, operator, and developer of logistics real estate, Prologis incorporates the global energy team into Prologis Essentials, a platform to help its customers (building tenants) access various services and solutions for their warehouses. This platform seeks to resolve customer pain points, from racking and forklifts to meeting renewable targets and accessing renewable energy. […]
Hudson Pacific Properties, a real estate investment trust (REIT) with over 19 million square feet (1.8 million sq m) of office and studio properties, believes that climate change is one of the greatest risks to the environment and recognizes real estate’s critical role in being a part of the solution. Reducing the portfolio’s carbon footprint […]
In January 2022, Brookfield Properties signed a five-year contract to purchase 100 percent of the electricity needs of One Manhattan West from New York–based renewable energy providers. The deal is one of the largest intrastate renewable energy agreements for a single building in New York City, and it makes One Manhattan West the first building […]
Heitman, a global real estate investment management firm, carefully considers ESG principles during the investment process. This provides opportunities to create value, reduce risk, and enhance investment returns. Heitman is also committed to reducing operational carbon emissions of the private equity portfolio under its control to net zero by 2030. Acquiring assets that have implemented […]