National Academies

Urban Susta inab il i ty

Workshop

transformational buildings,vibrant communities,and investment quality assets,creating prosperity.

3

overview

� Founded in 1996, Gerding Edlen has 45 professionals specializing in mixed-use urban infill acquisitions, asset and property management, development, sustainable retrofits, finance, and accounting

� Managed $600 million of equity

� Developed or retrofitted approximately $5 billionworth of assets, with more than 60 total development projects and retrofits

� Offices in Seattle, Los Angeles, and Portland

full-service real estateinvestment, development,and asset management firm

4

Track record

experience

� 68 projects developed and in the pipeline, with 13 retrofits

� Institutional equity and asset management experience

industry leadership

� Solid reputation in sustainability with more LEED certified & registered buildings than any other private development firm (51)

o 1st LEED Gold condominium in United States: The Henry

o 1st LEED Gold condominium in California: Elleven

o 1st LEED Platinum condominium in United States:The Casey

o First building on the National Register of Historic Places to receive LEED Platinum: Gerding Theater

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principles of place

� Build CommunityBuild CommunityBuild CommunityBuild Community

� Create Inviting SpacesCreate Inviting SpacesCreate Inviting SpacesCreate Inviting Spaces

� Minimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to Nature

� Encourage Transportation Alternatives

� Craft the First Thirty Feet

� Inspire Communities with Art

� Make 20 Minute Living Real

� Integrate Schools and Neighborhoods

� Preserve Historical Symbols that Matter

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

6Source: ULI Emerging Markets 2012

principles of place

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

� Build CommunityBuild CommunityBuild CommunityBuild Community

� Create Inviting SpacesCreate Inviting SpacesCreate Inviting SpacesCreate Inviting Spaces

� Minimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy DependenceMinimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to Nature

� Encourage Transportation Alternatives

� Craft the First Thirty Feet

� Inspire Communities with Art

� Make 20 Minute Living Real

� Integrate Schools and Neighborhoods

� Preserve Historical Symbols that Matter

7

� Build Community

� Create Inviting Spaces

� Minimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to NatureConnect People and Buildings to NatureConnect People and Buildings to NatureConnect People and Buildings to Nature

� Encourage Transportation AlternativesEncourage Transportation AlternativesEncourage Transportation AlternativesEncourage Transportation Alternatives

� Craft the First Thirty FeetCraft the First Thirty FeetCraft the First Thirty FeetCraft the First Thirty Feet

� Inspire Communities with Art

� Make 20 Minute Living Real

� Integrate Schools and Neighborhoods

� Preserve Historical Symbols that Matter

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

principles of place

8

principles of place

� Build Community

� Create Inviting Spaces

� Minimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to NatureConnect People and Buildings to NatureConnect People and Buildings to NatureConnect People and Buildings to Nature

� Encourage Transportation AlternativesEncourage Transportation AlternativesEncourage Transportation AlternativesEncourage Transportation Alternatives

� Craft the First Thirty FeetCraft the First Thirty FeetCraft the First Thirty FeetCraft the First Thirty Feet

� Inspire Communities with Art

� Make 20 Minute Living Real

� Integrate Schools and Neighborhoods

� Preserve Historical Symbols that Matter

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

9

principles of place

� Build Community

� Create Inviting Spaces

� Minimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to Nature

� Encourage Transportation Alternatives

� Craft the First Thirty Feet

� Inspire Communities with ArtInspire Communities with ArtInspire Communities with ArtInspire Communities with Art

� Make 20 Minute Living RealMake 20 Minute Living RealMake 20 Minute Living RealMake 20 Minute Living Real

� Integrate Schools and NeighborhoodsIntegrate Schools and NeighborhoodsIntegrate Schools and NeighborhoodsIntegrate Schools and Neighborhoods

� Preserve Historical Symbols that MatterPreserve Historical Symbols that MatterPreserve Historical Symbols that MatterPreserve Historical Symbols that Matter

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

10

� Build Community

� Create Inviting Spaces

� Minimize Carbon Footprint and Energy Dependence

� Connect People and Buildings to Nature

� Encourage Transportation Alternatives

� Craft the First Thirty Feet

� Inspire Communities with ArtInspire Communities with ArtInspire Communities with ArtInspire Communities with Art

� Make 20 Minute Living RealMake 20 Minute Living RealMake 20 Minute Living RealMake 20 Minute Living Real

� Integrate Schools and NeighborhoodsIntegrate Schools and NeighborhoodsIntegrate Schools and NeighborhoodsIntegrate Schools and Neighborhoods

� Preserve Historical Symbols that MatterPreserve Historical Symbols that MatterPreserve Historical Symbols that MatterPreserve Historical Symbols that Matter

principles of place

standards for creating vibrant, inspiring, sustainable places where people can live, work, and learn

11

Creating Value

� People

o Existing context – Transit, Green Spaces, etc.

o Complement – New Connections

� Planet

o Energy, Air and Water shown in annual savings

o Translate these savings into easily understood units of measure

� Prosperity

o Value created in the community

o Jobs created

Livable Place Index

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Creating Value

� Engage the residents and tenants in our buildings in unique ways

o Amenities

o Events

o Social Media

� Measure and report on building performance

o Utility monitoring

o Surveys

� Pursue innovation

o New technology & services

o Challenge the status quo

The Human Factor: Behavior Change

National Academies

Urban Susta inab il i ty

Workshop