Developer Pledges 20% Energy Cut for Military Privatized Housing
- July 19, 2011
Lend Lease last week announced it will strive for at least a 20 percent cut in energy use within five years for its privatized family housing portfolio consisting of approximately 40,000 homes, 800 historic structures, 19 offices, and 19 community centers.
The commitment, encompassing more than 65.3 million square feet of real estate nationwide, is part of President Obama’s Better Buildings Challenge, an energy-efficiency program developed to create jobs and reduce the nation’s dependence on foreign oil. Lend Lease will work with the U.S. Department of Energy to establish best practices for energy efficiency within 10 mixed-use community developments across the country.
“Working collaboratively with the United States Departments of Energy and Defense will allow us to have a significant and positive impact not only on our environment, but also on the more than 140,000 people who live and work in our communities today and for years to come,” Bob McNamara, CEO Lend Lease Americas region, said in a written statement.
Lend Lease now will begin to assess energy consumption across its communities and will evaluate opportunities to improve efficiencies based on geographic climates and the age and long-term plans for each of its building types. The company also will seek new strategies for promoting efficiency, including a continued focus on renewable energy solutions such as solar energy generation, fuel cell technologies, wind and ground source heating and cooling technologies.
Lend Lease currently manages the nation’s two largest solar powered communities at Island Palm Communities in Hawaii and Soaring Heights at Davis-Monthan AFB in Arizona.