1-25-19

4A — January 25 - February 7, 2019 — M id A tlantic

Real Estate Journal

www.marejournal.com

M id A tlantic R eal E state J ournal Only 18 properties worldwide and the only U.S. REIT owned and developed LEED for Neighborhood Development Gold Certification granted to Federal Realty's Pike &Rose

ORTH BETHESDA, MD — Federal Real- ty Investment Trust recently announced that its 24- acre mixed-use development in North Bethesda, Pike & Rose, has achieved LEED for Neigh- borhood Development (LEED ND) v2009 Stage 3 Gold certi- fication under the U.S. Green Building Council's LEED rating system. LEED ND was engineered to inspire and help create better, more sustain- able, well-connected neighbor- hoods. The certification looks beyond the scale of buildings to consider entire communities. Pike &Rose is the only LEED ND Stage 3 certified project owned and developed by a U.S. REIT and one of only 10 LEED ND Stage 3-certified projects in the U.S. as well as only 18 worldwide. Pike &Rose is a transit-oriented develop- ment located 6 miles north of Washington, D.C. The project comprises 379,000 s/f of retail, 765 apartment units, 99 con- dos atop a 177-key hotel, and 80,000 s/f class A office building with an additional 212,000 s/f of office under development. N

and the environment, which are all critical components to long-term success." Further evidence of Federal Realty's commitment to sus- tainability initiatives include: Federal Realty completed its annual sustainability re- porting through the Global Real Estate Sustainability Benchmark (GRESB) and was awarded a Green Star recog- nition with 4 out of 5 stars. The Trust ranked first among its peers in the Health and Wellness category. In addi- tion, Federal Realty reduced energy consumption by 11.4% year-over-year which is enough energy to power 643 homes for a year. The Trust also reduced water consumption by 3% year- over-year which equates to 7.7 million gallons of water. Federal Realty was recog- nized as a Green Lease Leader Gold by the Institute for Market Transformation and the U.S. Department of Energy (DOE)'s Better Buildings Alliance for high-performance leasing prac- tices which drive shared energy savings and sustainability ben- efits in buildings. 

Pike & Rose

The neighborhood is also home to one of the Mid-Atlantic's largest rooftop farms, a 17,000 s/f green space above a residen- tial building which produces fruits and vegetables that are sold directly to tenants on site, local farmers markets, and neighboring restaurants on the

property. "Earning this important certification demonstrates Federal Realty's commitment to improving performance and creating a more resilient and sustainable future by minimiz- ing our environmental foot- print through energy and re-

source-efficient buildings," said Ronald Becker, CRX, CSM , director, National Property Operations & Sustainability. "As leaders in the industry, we believe we have a responsibil- ity and an opportunity to posi- tively impact our communities, employees, investors, tenants

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Mayor John E. McCormac Town Of Woodbridge

Ann Strauss Director Freight Planning North Jersey Transportation Planning Authority

Alan Lambiase Director of Sales and Leasing River Terminal Development Co.

Robert Sobol Manager Client Services Brinkerhoff Environmental Services, Inc.

Jose Cruz Senior Managing Director HFF

Some of last years attendees

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Impact Environmental J.G. Petrucci Co. Inc. Jarmel Kizel Architects and Engineers JLL JPH Realty Advisors, LLC Langan Engineering and Environmental Services Lee & Associates Levine Capital Management, LLC Liberty Property Trust M&T Bank March Associates Construction Inc.. Master form Mayor of Woodbridge

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