Now this is what I’m talking about. Sexy green skyscrapers and platinum green prefabs are cool, but now we’re moving into a new realm of green real estate development. Dallas-based Koll Development Company (KDC) is speculating on a new generation of buildings. Actually, they’re going to be LEED CS (Core + Shell) certified, but they’re also going to be modern and tech-savvy. I noticed the construction of one on the way back from DFW airport in Irving, at the southwest corner of Beltline and LBJ. KDC’s new product will be called the "Intellicenter" and they’re "Developing for the Future."
Here’s the thing that will really knock your socks off: click here to go see a webcam view of the progress. Keep watching because in about December 2006, this thing will be complete.
Intellicenters will feature raised floor design and energy efficiency all around. Individual workstations will have HVAC controls. The lobby will feature Terrazzo recycled glass and natural stone flooring. The green features list could go on and on. But KDC is also thinking of the bottom line and the necessary benefits to companies; their buildings aim for the following: (1) higher performance systems, (2) reduced operating expenses, (3) maximum design efficiencies, (4) increased flexibility for technological advances, and (5) environmental stewardship. For LEED design, these buildings command a premium of $2-3 more per square foot (on construction cost), which comes out to around 25 cents per square foot on a lease rate. Not bad. Customers will get that back in energy savings, increased employee productivity, and other intangibles.
In addition to this Dallas Intellicenter, KDC has Intellicenter’s under construction in Houston, Atlanta, Riverside (CA), and Charlotte. They’ve teamed up with Prudential Real Estate Investors to offer 2 million square feet of office space valued at around $200-250 million (each building will be about 150,000-200,000 sq. ft). Interestingly, each building will be almost entirely the same, which allows the developer to minimize costs (as opposed to reinventing the wheel at each location). KDC enlisted Forum Studio Inc. and Gensler for the design aspects.
Jetson Green prediction:
Not only will these office buildings be green but going forward, medical facilities, mixed-use condo developments, office condo parks, trailer home parks, educational facilities, government buildings, skyscrapers, houses, etc., will be green. You name it, it’s all going dark green.
Article tags: Development