Dive summary:
- JP Morgan and U.S. property company Hines, have paired up to build the largest carbon-neutral building in the United States.
- The 13-storey building in San Diego will use on-site fuel cells and biogas to generate energy, possibly more than is required by the tenants.
- The building should be completed and fully leased and occupied by the middle of 2014.
From the article:
Jeff Hines, president and CEO of Hines, said, ‘LPL Financial at La Jolla Commons is one further step in our objective to put new building strategies and technologies into practice in an economically viable way, using our experience to continually reset our own standards of quality.
‘First and foremost, we designed a Class A, commercially viable property, then we devised strategies to make it net-zero. We could not have made this project net-zero without the commitment and participation from LPL Financial.’ ...