LaSalle Investment Management’s LaSalle Logiport REIT (“LLR,” a real estate investment trust established in Japan, or J-REIT) has several environmental objectives, including reducing the environmental impact of its business and its client’s real estate holdings. For LLR, on-site solar energy generation is one way to increase revenue in its existing portfolio. Thirteen of the J-REIT’s […]
The Tower Companies, a privately owned real estate developer and property management company, installed 122 kilowatts of rooftop solar on Blair House, a 12-story, 310-unit 1960s multifamily building in Silver Spring, Maryland. The solar installation is estimated to generate more than 150,000 kWh annually and about 10 percent of the building’s total energy demand. Tower […]
Tenant and Resident Survey Engagement with Clarion Partners Clarion Partners, a New York–based global real estate investment firm, focuses on healthy and active living through a variety of initiatives including Fitwel certifications, a heightened focus on indoor air quality (IAQ), Walk Score/walkability due diligence, and surveys of tenants and residents on health and wellness. While […]
Healthy Living and Community Showcases at theMART Vornado Realty Trust, a fully integrated real estate investment trust (REIT) focused primarily on office and retail properties, undertook the redevelopment of theMART, an iconic Chicago Riverwalk property. The project demonstrates how an existing building can become a community hub that also promotes health and well-being. theMART, located […]
Located in the Mission Bay South neighborhood, 1180 Fourth Street is a 150-unit affordable housing development in San Francisco. Anchored by a University of California, San Francisco, research campus and medical center, the mixed-income, mixed-use area is rapidly evolving. In addition to establishing an architectural identity for the neighborhood, this walkable and transit-oriented development advances long-term health and stability, family housing, and sustainability.
Originally built in 1948, Regent Park is undergoing a decades-long redevelopment from low-income public housing to a mixed-income neighborhood with a focus on community health, economic development, and relocation supports.
The impetus for redevelopment began 25 years ago, stemming both from residents who demanded neighborhood improvements and from the foresight of the Toronto Community Housing Corporation (TCHC), which also recognized the growing need for significant repairs. TCHC is leading the transformation—expected to be complete around 2030—and has prioritized health-promoting features such as parks, athletic grounds, a community center, and the area’s first supermarket. TCHC has also ensured that all original residents have the right to return to Regent Park and that they will be rehoused in an appropriate replacement unit.
High Point is a 129-acre (52 ha) mixed-income redevelopment project in Seattle focused on resident well-being and an enhanced quality of life in the surrounding area.
Health-promoting features at High Point include a community clinic, pedestrian-friendly design, and homes designed to reduce the risk and severity of asthma.
When complete, this ground up development in the City of Van Wert, OH, will have 56,000 square feet of space for 75 beds to serve senior citizens and memory care needs. The project was developed on an outparcel within an established retail center just off a highway interchange. This Deal Profile focuses on the process of placing and obtaining Property Assessed Clean Energy (PACE) financing as well as the intricate partnerships required.
The EastPoint Project, when complete, will have 41,202 square feet of renovated single-story retail and office space along a commercial corridor in northeast Oklahoma City. The 18,000 square foot first phase includes 10,000 square feet of medical space and complementary retail. This Deal Profile focuses on how that first phase overcame lenders’ doubts to deliver the first new retail space to a neighborhood in a generation.
The historic Hahne & Co. building was redeveloped by a joint venture between affiliates of L+M Development Partners Inc., Prudential, and Goldman Sachs from a once grand but vacant department store into a lively mixed-use development in the heart of downtown Newark, New Jersey.
