🚧 Intelligent Real Estate Investments - Hines

Hines Redevelopment Project in Washington, D.C. Achieves the U.S. EPA’s "Designed to Earn the Energy Star" for Energy Efficient Design

(WASHINGTON, D.C.) – Hines, the international real estate firm, announced today that 1200 Nineteenth Street, the firm’s redevelopment project in Washington, D.C., has been recognized by the U.S. Environmental Protection Agency (EPA) as “Designed to Earn the ENERGY STAR®” for excellence in pre-occupancy design and construction.

Using ENERGY STAR’s Target Finder tool, the design achieved an ENERGY STAR rating of 99, which means that if it performs as intended, the building will be in the nation’s top two percent in terms of energy performance.

Acquired by the Hines US Core Office Fund in 2003, 1200 Nineteenth Street is an eight-story office building originally constructed in 1964 and renovated in 1987.

Asset, leasing and property manager, Hines, identified an opportunity to add leasable space and enhance its marketability by upgrading the building to current sustainable standards.

The property was pre-certified Silver in the LEED® for Core & Shell rating system in December of 2008, though Hines anticipates a higher certification level when the building reaches substantial completion in late May or early June of this year.

The renovation effort is being managed by Hines in collaboration with architecture and engineering firm SmithGroup.

Clark Construction Group is serving as the general contractor with MEP firm TOLK, structural engineer Thornton Tomasetti, civil engineering firm Delon Hampton & Associates and landscape designer Lee+ Papa and Associates contributing to the project.

Hines is adding three stories to the building, recladding the shell in high-efficiency glass and replacing major mechanical and electrical systems.

Other green features include a green and reflective roof, which reduces HVAC loads and, in turn, reduces mechanical requirements and frees more leasable area.

Hines anticipates that the building will reduce energy consumption by approximately 64 percent and water usage by approximately 38 percent when compared with the national average building.

Anticipated annual greenhouse gas reductions are equivalent to annually removing almost 600 passenger vehicles from the road.

Hines Senior Vice President Bill Alsup said, “This building is an excellent demonstration of sustainable real estate practices.

We have taken an existing structure, redesigned it for optimal resource efficiency and reused and recycled a large portion of its materials.

But that’s only half of the equation.

Operating the building efficiently will be equally important to both the environment and tenant comfort, and that is where Hines applies intense focus.”

SmithGroup Vice President and Senior Designer Andrew Rollman, AIA, LEED AP, said, "This repositioning was a great opportunity to take a dated 1960s asset, add density, and create a fresh, modern design featuring the highest standards of sustainability and energy conservation."

1200 Nineteenth Street is approximately 30% percent leased to McKinsey & Company and a number of retail tenants, including JoS. A. Bank Clothiers and Sam & Harry’s Restaurant.

SmithGroup is one of the largest architecture, engineering, interiors and planning firms in the U.S.

With 287 LEED accredited professionals and28LEED projects, SmithGroup is a national leader in sustainable, environmentally intelligent design, which it has practiced for over two decades. SmithGroup is composed of client industry-focused practices serving the workplace, healthcare, education, and science and technology markets.The firm’s Washington, D.C. office is one of 10 locations nationwide.

For more information, visit www.smithgroup.com.

Hines is one of the most sustainable real estate companies in the world.

In 2009 Hines was recognized by the EPA, for the second time, with the ENERGY STAR Sustained Excellence Award; Hines has labelled more than 130 buildings, representing approximately 76 million square feet, in the ENERGY STAR program.

Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to the Earn the ENERGY STAR.

In aggregate, Hines’ projects represent more than 20 percent of the DEES program, as measured by square footage.

Hines is also a leader in the U.S. Green Building Council’s programs, with 98 projects, representing approximately 65 million square feet that have been certified, pre-certified or registered under the various LEED rating systems.

Hines was a founding member of the German Sustainable Building Council, and is active in the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes more than 1,100 properties representing approximately 454 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments.

With offices in more than 100 cities in 17 countries, and controlled assets valued at approximately $25.8 billion, Hines is one of the largest sustainable real estate organizations in the world. Visit www.hines.com for more information.

To learn more about sustainability at Hines, visit www.hines.com/sustainability.