2020 Lawrence breaks ground early next year, but it’s already making headlines. With prices ranging from $290k-$800k, 20 of the 60 units have been pre-sold. But there’s a compelling financial scenario lurking in the numbers of this $20 million development: buyers that go with the 2-kw photovoltaic system will get a quarter point break on the 30 year mortgage (assuming buyer’s go with Countrywide Financial). The result is that it becomes cheaper to buy a unit with the pv system, than without the system. Nice.
Additionally, 2020 Lawrence will be built to LEED silver certification and will be the first condo community in the region to receive a Near-Zero Energy Home designation. As far as green amenities, 2020 Lawrence will have dual-flush toilets, sustainable hardwood floors, reserved hybrid vehicle parking, and rooftop solar power, to name a few. Via BGTV.
Article tags: alternative energy, Development, residential