Gables Residential Receives 2009 Environmental Award
Gables Takoma Park honored for outstanding sustainable development
Atlanta (Vocus) November 6, 2009
Gables Residential (www. gables. com]) was recently awarded the 2009 Environmental Award for Green Building in the multifamily category by the Maryland National Capital Building Industry Association (MNCBIA). The award recognized Gables Residential’s exemplary environmental stewardship in developing Gables Takoma Park, a 145-unit infill development in the environmentally conscious Takoma Park community in Washington, DC.
“We are honored to have Gables Takoma Park recognized by MNCBIA for our environmental efforts,” said Jorgen Punda, Regional Vice President, Investments of Gables Residential. “Careful attention and planning went into developing this project, which allowed us to achieve a LEED NC Silver Certification. Our team of consultants and subcontractors helped to make this project a success.”
According to the MNCBIA, the judges awarded Gables Residential and Gables Takoma Park the 2009 Environmental Award because of its progressive example of environmentally-friendly living and the number of green features. More than 30 percent of the project’s materials were extracted, processed and manufactured locally and regionally. The project also uses building products that included recycled content. The landscaping consists of native plants and a drip irrigation system that minimizes water use. The building itself has a solar reflective roof, energy-efficient lighting and Energy Star appliances, low-flow fixtures and three separate recycling chutes in the trash room. The environmental consulting engineer was GreenShape, LLC.
The MNCBIA Environmental Awards showcases builders and developers throughout Maryland and Washington D. C. who comply with a broad range of environmental regulations dealing with open space, water runoff, tree protection, sediment control and storm water management at the local, state and federal levels. Many members of the industry go to extra lengths to preserve, enhance and protect the environment and the MNCBIA Environmental Awards recognize and honor this outstanding commitment.
About Gables Residential
Gables Residential is a privately held REIT owned by a closed-end fund managed by a joint venture between ING Clarion and Lehman Brothers. With a mission of Taking Care of the Way People Live, Gables Residential has received national recognition for excellence in the management, development, acquisition and construction of luxury multi-family communities in high job growth markets. Gables residential owns, develops and manages multi-family communities and mixed-use developments in Atlanta, Austin, Dallas, Houston, South Florida, Southern California, and metropolitan Washington, D. C. Additionally, it has third-party management operations in the Chicago, New York, Phoenix, Central and North Florida, and Washington State markets. Gables Residential enjoys a healthy portfolio with nearly 35,000 (please update per previous press release) apartment homes under management, including a corporate-owned portfolio of 64 communities comprising more than 16,000 apartment homes. An additional 10 communities are under construction, comprising more than 2,000 apartment homes. Gables also has the ability to develop another 5,000 apartment homes through its shadow pipeline of undeveloped land owned. For more information please visit www. gables. com.
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