One Jackson Square Earns LEED® Silver Certification

(NEW YORK) – Hines, the international real estate firm, announced today that One Jackson Square has received Silver certification under the U.S. Green Building Council’s LEED for Existing Buildings (EB) Rating System.

One Jackson Square, an 11-story, 30-unit luxury residential condominium facing a small urban park, is located in Manhattan’s Greenwich Village Historic District. The project contains 60,000 residential square feet and includes retail and residential amenity spaces totaling 7,300 square feet on the ground floor and basement levels.

One Jackson Square was designed by architect William Pedersen of Kohn Pedersen Fox (KPF), and was awarded an American Institute of Architects national design honor award in May 2011.

The property was developed by Hines and RFR.

A commitment to environmental sustainability is evident throughout One Jackson Square.

Responsible construction choices ensure energy efficiency, optimal indoor air quality and eco-friendly design, including multiple terraces and a green roof that comprises more than 20 percent of the overall site area.

Other green features implemented at the property include:

reduction of potable water consumption by selecting plantings that require only watering from rainfall, installation of ENERGY STAR® appliances in each of the 30 units, and providing secured bicycle storage for at least 15 percent of the building’s residential occupants.

“The residences at One Jackson Square truly embody a new way of mindful living as one of the first LEED certified, environmentally friendly buildings in the neighborhood,” said Hines Senior Property Manager Cliff Parker.

Hines Global Sustainability Officer Gary Holtzer added, “This modern landmark of progressive residential architecture in one of New York’s oldest and most treasured neighborhoods exemplifies the creation of private spaces that embrace their environments.”

The residential condominium units at One Jackson Square outsold the market, averaging $2,168 psf, and were 100 percent sold out in May 2011.

The retail condominium at One Jackson Square, which includes tenants Starbucks and TD Bank, was recently sold to American Realty Capital.

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

In 2012 Hines was recognized by the EPA, for the fifth time, with the ENERGY STAR Sustained Excellence Award. Hines manages 177 labelled buildings, representing more than 70 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 Earn the ENERGY STAR.

Hines is also a leader in the U.S. Green Building Council’s programs, with 198 projects, representing more than 100 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 the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, 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 1,192 properties representing more than 482 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 110 cities in 18 countries, and controlled assets valued at approximately $22.9 billion, Hines is one of the largest real estate organizations in the world.

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