There really, actually, truly, factually, legitimately is a growing interest in living in more environmentally sensitive buildings. Even still, whether you’re looking for a single family home, urban townhome, downtown loft, or warehouse loft, the players in the green development field are few and far between (but increasing). I noticed an interesting developer that is building the "first ‘zero energy’ sustainable mixed-use building in Las Vegas." This green development, called the Green Valley Lofts, is minutes from the Vegas strip and neighbors all the urban amenities one could ask for (gym, restaurants, banks, dry cleaner, car wash, etc.). It’s lined to be LEED Certified, too.
The building will have a stainless steel substructure with floor to ceiling Heat-Mirror insulated glass (benefits include improved interior comfortability, reduced fabric fading, and maximum noise control), aka the EAG Facade. Also there’s a rooftop solar-photovoltaic system, energy-efficient (non-ozone depleting) closet-type water source HVAC system, low wattage lighting, Energy Star appliances, tankless water heaters, eco-space elevator, whole house central water filtration system, programmable thermostats, zero- to low-VOC non-toxic paints, and bamboo flooring. The company has a nice description of the benefits of these green features online.
The interior will include all the amenities that a modernist would desire: imported Italian kitchens, recycled glass countertops, bamboo flooring, remote controlled window shades, and the whole house lighting system. Note, some of these features are greener than others. There’s a glass enclosed roof-top spa as well.
As far as pricing is concerned, these lofts aren’t cheap, but that’s understandable because they aren’t built to be cheap. Phase 1 prices seem to range from the low $400s to $1.1 million. And some of the financial incentives that they offer include the popular energy efficient mortgage, the Nevada Power Solar Rebate Program, the usual Federal + State renewable energy tax incentives, and any other energy tax incentives. What’s better, there will be an raffle and one lucky owner will receive the New 2007 Toyota Camry Hybrid. Nice business model guys, really.
Article tags: alternative energy, Development, Lending, residential