National Real Estate Advisors is pleased to announce the approaching completion of 200 Squared, an apartment building located in Chicago Illinois with a focus on sustainable design. Multi-Housing News (MNH) recently featured 200 Squared in an article and noted that the 42-story apartment property will be one of the greenest residential high-rises in the Loop. The full article can be read here. Below is an edited version:
Midwest Property Group Ltd., who developed the project in partnership with National Real Estate Advisors, turned to architects Solomon Cordwell Buenz (SCB) to ensure the 329-unit tower’s design would incorporate an emphasis on sustainability. “We are always trying to advance our designs and stay in touch with the desires of the occupants,” Jim Curtin, principal with SCB, toldMulti-Housing News.
The focus on energy conservation at 200 Squared goes a long way toward increasing the property’s efficiency. “The Chicago energy code does a nice job of establishing a basic foothold of green design. It’s a good program in terms of reducing and monitoring energy use,” Curtin said. One energy-saving feature is floor-to-ceiling windows in the building, allowing for more natural lighting. “We also utilized translucent glass to soften the light.” notes Curtain.
One of the most dramatic green elements at 200 Squared is literally green. “There are 8,500 square feet of green roof–but we see it as an amenity,” Curtin notes. “There are two levels of green roofs–on the 11th and 13th floors. One will incorporate a dog run, and on the amenity deck there are green patches of vegetation. And on the very top, there is an additional green roof to help dissipate heat.”
The building’s sustainable features extend beyond design; location plays a role, too. The building sits across from an L station, so as a transit-oriented development, 200 Squared was green before the first shovel hit the ground. With the Windy City’s eco-friendly drivers in mind, the garage offers charges for electric cars. Bikes are also available for rent.
The sustainability theme continues inside the residences with Energy Star appliances and water-saving plumbing fixtures. “Sustainability is a good thing,” says Curtin. “We think people enjoy having a building that is responsive to that.”
Curtin expects to get an official green thumbs-up from the U.S. Green Building Council. “We’re looking to get LEED certification finalized this summer.”
Specializing in real estate investments on behalf of large institutional investors, National Real Estate Advisors, LLC (National) manages more than $1 billion of client capital. To learn more about National, please visit our website atwww.natadvisors.com