The cost of solar power is at a record low.

A typical solar home can save hundreds or even thousands of dollars per year on their electricity bill.

As a volunteer with the Boston-based solar program Solarize Massachusetts and a solar homeowner, Carl Elkin, Engineering Lead for Project Sunroof, has always been surprised at how many people think that “my roof isn’t sunny enough for solar,” or “solar is just too expensive.” Certainly many of them are missing out on a chance to save money and be green.

Enter Project Sunroof, his recent 20% project. Project Sunroof is a new online tool that is being tested to help homeowners explore whether they should go solar. Available in the San Francisco Bay Area, Fresno (in central California), and the Boston area for now, the tool uses high-resolution aerial mapping (the same used by Google Earth) to help calculate a roof’s solar energy potential, without having to climb up any ladders.ProjectSunRoof2

If you’re in one of our test regions, simply enter your address and Project Sunroof will crunch the numbers. It first figures out how much sunlight hits your rooftop throughout the year, taking into account factors like roof orientation, shade from trees and nearby buildings, and local weather patterns. You can also enter your typical electric bill amount to customize the results. The tool then combines all this information to estimate the amount you could potentially save with solar panels, and it can help connect you with local solar providers.

Google has always been a big believer in zero-carbon energy, and solar power has been a central part of that vision — from accelerating the growth of rooftop solar, to helping finance the largest solar farm in Africa, to building one of America’s biggest campus solar arrays in Mountain View. While Project Sunroof is in a pilot phase for now, during the coming months Google will be exploring how to make the tool better and more widely available. If you find that your address isn’t covered by the tool yet, you can leave your email address and you will be notified when Project Sunroof is ready for your rooftop!

View a video on the introduction of “Project Sunroof” below.

 

Source: Google Green Blog

It’s no secret that Miami has become one of the world’s most attractive markets for international investors.

South Americans in particular have had a heavy influence in local real estate as one of the main demographics snapping up properties throughout South Florida.

But data from CBRE, a commercial brokerage that tracks such international trends, indicates that one region of the world is poised to take a much larger role in South Florida’s real estate game and in the United States as a whole: the Middle East.

Miami Beach EDITION hotel

Miami Beach EDITION hotel

So far, buyers from the Middle East have stuck to high-profile properties in Miami. This was made evident in February with the Abu Dhabi Investment Authority’s acquisition of the Miami Beach EDITION hotel for an incredible $230 million. That sale accounted for the majority of the $280 million Middle Easterners have sunk into South Florida real estate during the first half of this year, according to CBRE data.

Plot on Indian Creek Island — the highest price ever recorded for vacant land in the neighborhood

Plot on Indian Creek Island — highest price ever recorded for vacant land in the neighborhood

Also in February, a corporate entity linked to Saudi Royalty paid $23 million for a plot on Indian Creek Island — the highest price ever recorded for vacant land in the neighborhood.

St. Regis Bal Harbour hotel

St. Regis Bal Harbour hotel

Compared to last year, buyers from the Middle East have spent $37 million more on Miami real estate, CBRE data shows. The previous year saw Al Faisal Holding, a private company based out of Qatar, pay $213 million for the St. Regis Bal Harbour hotel, among other smaller transactions. However, in the context of the region’s historically large purchases, that increase does not necessarily translate to a large uptick in activity.

The evidence of this emerging trend instead comes from looking at the huge amount of money that the Middle East is pouring into U.S. real estate.

For the first half of 2015, the region spent $2.7 billion on real estate in the Americas, according to CBRE. That’s a significant chunk of the $11.8 billion total that investors from the Middle East have spent on global real estate during that time period, and CBRE expects that number to grow by another $2.4 billion by the end of the year. Most of that money comes from sovereign wealth funds.

“There’s no question that Miami has arrived as a primary market for investors worldwide, in the same league with other U.S. cities like New York, San Francisco and D.C., as this Middle East investment report suggests,” Quinn Eddins, CBRE’s director of research and analysis for Florida, said in a statement.

“The amount of foreign investment in South Florida office, retail and industrial product during the first half of 2015 alone was over $775 million – more than that of all the previous two years combined. If we factored in apartment, hotel and land sales, that number jumps to more than $1.2 billion. A lot of capital is still coming from Canada, Europe and Latin America, but there’s definitely an uptick in Middle Eastern and Asian investment – it’s an exciting trend that we’re tracking closely.”

South Florida was the fourth hottest market in the U.S. for Middle Eastern investment during the first two quarters of 2015. It stands to supplant the third spot belonging to Washington, D.C., which saw only $1 million more in transactions from the region. Above D.C. is Atlanta with $338 million in purchases so far this year, and New York in the top spot with $1.1 billion, CBRE data shows.

 

Source: The Real Deal

Sitting between Apple’s Infinite Loop headquarters and the spaceship-like Apple Campus 2 in Cupertino, California is the failed Vallco Shopping Mall.

Vallco Shopping Mall 5Now Architect Rafael Viñoly has unveiled a proposed $3 billion plan for Sand Hill Property Company that starts with renaming the property The Hills at Vallco. The ambitious project will transform the old shopping mall into a sustainable and walkable LEED Platinum mixed-use community and include the largest green roof in the world.

Vallco Shopping Mall Green Roof 5The new neighborhood will feature a highly walkable and bikeable downtown anchored by two town squares. Parking will be hidden away underground and a transit center may be built at the shopping center. The complex will cover 15 blocks filled with 625,000 square feet of retail, 2 million square feet of office space, and 800 residential units — including 680 market-rate apartments, 80 affordable apartments, and 40 apartments for seniors.

The Hills at Vallco will turn the current shopping mall into a downtown-style street grid anchored by two town squares surrounded by a mix of retail, office, residential and entertainment. Sand Hill plans to integrate a 30-acre community park and nature preserve into the site. Rendering courtesy Sand Hill Property Co.

The Hills at Vallco will turn the current shopping mall into a
downtown-style street grid anchored by two town squares surrounded by a mix
of retail, office, residential and entertainment. Sand Hill plans to
integrate a 30-acre community park and nature preserve into the site.
Rendering courtesy Sand Hill Property Co.

Adding to the family friendly atmosphere, the development will include plenty of restaurant and entertainment options, such as an AMC movie theater, ice rink, bowling alley, and fitness club. The town squares may be used to host farmers markets and outdoor movie nights.

Vallco Shopping Mall Green Roof 4The Hills at Vallco’s crown jewel will no doubt be its $3 million, 30 acre green roof designed by Olin Landscape Architects. It will be an unprecedented engineering feat that is “at least twice as big as anything attempted before it.” The elevated community park will include 3.8 miles of walking and jogging trails along rolling hills, orchards, vineyards, meadows, organic gardens, children’s play areas, and a sanctuary for native fauna and flora.

Vallco Shopping Mall Green Roof 6The sustainable green roof will help The Hills at Vallco achieve LEED Platinum certification by growing native, drought tolerant and climate responsive plants; reducing the building’s energy demands with natural ventilation and insulation; improving air quality; and counteracting the heat island effect. Recycled water and recaptured rainwater will be used to irrigate the park.

“There will be nothing like it when we are done,” Reed Moulds, Sand Hill’s managing director tells the Mercury News. “We believe its community focus will make this a remarkable place to live, work, dine, play, learn, and recreate.”

Approval by the City of Cupertino is pending, according to Tree Hugger.

 

Source: Green Building Elements

The developer of Brickell City Centre has placed a larger bet on the office market, as it has converted a planned wellness usage into “Class A” office.

In 2014, law firm Akerman LLP signed a lease to occupy 80 percent of the 130,000-square-foot Brickell City Centre Green tower that was under construction as part of the $1.05 billion project in Miami. The rest of the space was supposed to be for wellness, but developer Swire Properties has made the 26,000 square feet available for office tenants. It also rebranded the tower Three Brickell City Centre. The project will include another office tower of the same size, Two Brickell City Centre.

“One of the two towers, Three Brickell City Centre, although designed with use flexibility, was originally designated as a wellness center, but current market conditions show demand for additional office space,” said Edward Owen, Swire Properties’ office leasing manager. “Swire decided that it was in the best interest of the market to create supply to further Brickell’s growth as a leading international business hub.”

Arquitectonica designed both buildings, which will have floor-to-ceiling glass and 10-foot high walls. Brickell City Centre will also feature a shopping center, restaurants, condos and a hotel. The office, condo and hotel parts of the project should be ready this winter.

According to Cushman & Wakefield’s second quarter report, the Class A office market in downtown Miami has a 13.3 percent vacancy rate and average asking rent of $41.81 per square foot. The last new office delivery was 2010.

CBRE reports that about 1 million square feet of office space is under construction in Miami-Dade County, with Brickell City Centre and All Aboard Florida’s Miami Central Station as the largest projects.

The Business Journal is tracking another 5.4 million square feet of office space that’s in the pipeline in South Florida, as described in a recent centerpiece.

Click here for a “Behind the Scenes” slideshow of the Brickell City Center

 

Source: SFBJ

Arguing before the Supreme Court Tuesday over whether a solar power constitutional amendment should go forward, supporters of Floridians for Solar Choice and opponents backed by utility companies didn’t pull their punches.

“You can’t make voters believe that there’s a problem when you have no basis for saying that,” Barry Richard, a lawyer representing four utility companies including Duke Energy, Tampa Electric Company and Florida Power and Light, told the justices, trying to convince them that the amendment is misleading.

“Right now, you are a captive customer of your big utility company,” responded Susan Glickman, Florida director of the Southern Alliance for Clean Energy, on the courthouse steps later. “That’s going to change” if the amendment passes.

The constitutional amendment at the center of the debate would allow companies to install solar panels on homes and businesses and sell that energy, without being treated as a utility by state and local regulators. It’s keying up what could become a contentious and very public battle between utility companies and amendment sponsors.

Supporters argue that it will drive down the cost of electricity and open up the market to competition for the monopoly utility companies. But utilities say it merely eliminates regulation meant to keep people safe and will put consumers at risk with limited protections.

The court’s role isn’t to weigh in on the merits of each argument, as Justice Barbara Pariente repeatedly reminded both sides during a public hearing. Rather, the justices have two questions to answer: Does the ballot language fairly show the amendment’s impact? And is it limited to just one subject?

Opponents say it fails both tests by misleading voters and changing the powers of multiple levels of government.

“The voters deserve to understand what this amendment does, and the ballot summary does not make that clear,” Florida Solicitor General Allen Winsor said.

But Bob Nabors, the lawyer for Floridians for Solar Choice, says that’s a hard argument to make. Voters will understand what they’re voting on, he said. The solar choice group also maintains that its language is focused on a single subject.

“There’s a oneness of purpose,” Glickman said. “You do not have to consider every single ramification when there’s a oneness of purpose.”

FloridaSolar4If the justices give them a green light, the amendment’s sponsors still need another 562,000 petition signatures to put the amendment language on the ballot in November 2016. Already, both sides are preparing for a hard-fought campaign.

Opponents have started a committee and constitutional amendment of their own: Consumers for Smart Solar, which aims to protect the existing rules around solar power. The Florida Chamber of Commerce — whose board of directors includes executives from five power companies — is a supporter.

Floridians for Solar Choice has collected $751,176 in contributions, nearly all of it from the Southern Alliance for Clean Energy, a group that refuses to make its donor list public for fears that supporters could be harassed. They said future funding will come from other groups pending the court’s go-ahead.

 

Source: Miami Herald

An Asia Task Force organized by the Greater Miami Chamber of Commerce wants to organize Miami trips for Chinese journalists, investors and developers to help market the city to businesses and entrepreneurs from the Far East, The Real Deal has learned.

Greater Miami Chamber of Commerce’s Asia Task Force

Greater Miami Chamber of Commerce’s Asia Task Force

At its first brainstorming session Friday morning, the eight-member task force laid out its objectives. Task force chairman Seth Gordon, a Miami publicist who represents Shanjie Li, the Chinese businessman whose company purchased a 2.39-acre site on Brickell Avenue for $74.7 million last year, said he wanted the Chamber to sponsor a delegation of reporters from China, who would then write articles about Miami’s business offerings. Gordon told other members he recently hosted a small contingent of eight Chinese journalists with assistance from Turnberry Associates founder Don Soffer and Carnival Cruise Lines.

“Don is very interested in working with the Chinese,” Gordon said. “He contributed a full week of rooms at the Fontainebleau Miami Beach hotel and we flew them in with eight round trip business class tickets provided by Carnival.”

While the reporters were in Miami, Shareef Malnik, owner of the Forge, had them over for dinner at the storied restaurant’s wine room, Gordon said. In addition, developers Armando Codina and David Martin briefed the reporters on their respective projects.

“If we do it as a chamber project, we can do something more serious,” Gordon said.

Peng Lu, Florida International University’s associate provost of international programs, said the college would like to coordinate events and activities, including meetings with top business leaders in Miami, for a delegation of 22 Chinese business people visiting the city in mid-September.

“Two of them are billionaires,” Lu said. “One is a frozen food king in China who wants to buy fish products from Latin America. They are all extremely interested in seeing what business opportunities are here.”

In exchange, Lu said FIU can assist the chamber in organizing a business delegation trip to important cities in China. Andy Perez, CEO of South Miami-based EB5 Visa Funds, also suggested the chamber consider sponsoring classes on how to conduct business with the Chinese.

“One of the most important things you can do is educate the chamber’s membership,” Perez said. “It’s very important, down to how you hand over your business card.”

The task force is scheduled to meet again at the end of September.

 

Souce: The Real Deal

Miami International Airport and FPL Services say they are undertaking one of the largest energy-savings programs ever in Florida – one that’s expected to create hundreds of jobs and save the airport more than $40 million in utility costs over 14 years.

MiamiAirport4 The companies officially launched the $32 million project on Tuesday and over the next two years, the airport will receive new energy-efficient lighting, air conditioning and ventilation upgrades, water conservation retrofits and other green initiatives. The energy-saving equipment is expected to reduce MIA’s carbon emissions by the equivalent of 5,110 cars and decrease water use by 28 million gallons annually. The installation phase will also create 300 jobs.

The Sustainability Project is expected to save the airport $2.2 million each year.

Miami International Airport, among the busiest airports in the world, has welcomed 21.9 million passengers from January to June. The airport is on pace to host more than 43 million passengers this year.

“As one of the largest energy consumers in Miami-Dade County, we are pursuing conservation measures like The Sustainability Project to be its most efficient consumer as well,” said Miami-Dade Aviation Director Emilio Gonzalez.

MiamiAirport3Its latest endeavor is among major upgrades the airport has been making in recent years, including its recently completed $2.7 billion North Terminal development program and its $6 million investment in 80 automated passport control kiosks to speed up lines for international passengers,

Its concessions also continue to be upgraded and along with more connections and added flights, and the airport is developing plans to rebuild its Central Terminal with work beginning after 2020.

 

Source: SFBJ

Public art, pedestrian-friendly developments, and a booming commercial sector are all part of the future of Coral Gables, commercial real estate experts discussed at a panel last Wednesday.

Clockwise from left: Renderings of Paseo de la Riviera, a curbless Giralda Avenue and the Mediterranean Village at Ponce Circle

Clockwise from left: Renderings of Paseo de la Riviera, a curbless Giralda Avenue and the Mediterranean Village at Ponce Circle

Paseo de la Riviera is among the new projects. The planned, mixed-use development will replace an existing Holiday Inn with a open-air “paseo,” hotel and residential tower, said developer Brent Reynolds, president and managing partner of NP International. “We felt the U.S. 1 corridor was the right location,” said Reynolds, one of the panelists at a CREW-Miami luncheon at the Four Seasons Hotel Miami on Brickell.

The 2.66-acre project, located at 1350 South Dixie Highway, will activate that corner of U.S. 1 and Caballero with transit-oriented development, which includes green space the 0.5-acre Paseo will provide. It will be across the street from the planned Underline linear park, which runs underneath the Metrorail, as well as the University of Miami.

The paseo, or walkway, will span 352 feet in length and 72 feet in width. A 10-story, 252-key hotel and an eight-story, 224-unit residential building with 838 parking spaces will replace the 155-room Holiday Inn. “There really is no amenity space like this in the south Gables,” Reynolds said during the event.

The developer plans to complete the approval process with the city in October and begin construction next year. Coral Gables architect Jorge L. Hernandez and international firm Gensler are designing the project.“There really is no amenity space like this in the south Gables,” Reynolds said during the event.

Also among new developments redefining the Gables is Mediterranean Village at Ponce Circle. The 6.7-acre, mixed-use complex, developed by Agave Ponce, will include a five-star, 184-key hotel; a 300,000-square-foot Class A office building; 300,000 square feet of retail; two condo towers; 15 townhomes; a rooftop restaurant; and parks. Panelist Eddie Avila, president of Key Realty Advisors Development, said the $500 million project will span three full blocks and keep all streets open.

It will also feature an underground loading zone, keeping most of the street parking. To maintain the pedestrian-friendly design, the developers have decided to move the hotel entrance to inside the complex. The developer will spend an additional $7.8 million for public spaces including art, Avila said during the panel.

Downtown Coral Gables by the numbers

Downtown Coral Gables by the numbers

The city is also investing in pedestrian-friendly and green spaces. Funding for the $20 million streetscape improvements was approved back in August 2014: 50 percent will come from the city of Coral Gables and the other half from the independent BID property owners. The Gables BID is fully funded by its members, Foglia said. Marina Foglia, a panelist and executive director of the Coral Gables Business Improvement District, has led the $20 million Miracle Mile and Giralda Avenue streetscape project. Foglia also advocates for the overlay district, which will “change the coding to activate downtown Coral Gables,” she said.

Cooper, Robertson & Partners designed plans for the project, which calls for more green spaces and improved pedestrian areas, such as wider sidewalks, outdoor dining areas and mid-block parks and plazas. Parking on the street will be entirely parallel, doing away with the 45-degree angled spots for more sidewalk space. Giralda Avenue will become curbless, with the option of closing the road off to vehicles for special events. Next, Coral Gables will hold a design workshop on Aug. 27. The streetscape project will break ground in January, Foglia said.

Panelist Jane Tompkins, development services director for the city of Coral Gables, named other new projects that are under construction, including the Aloft Hotel at 2524 LeJeune Road2020 Salzedo, a residential project; and the University of Miami Health Center. More have been approved, including 4311 Ponce de Leon and 1200 Ponce de Leon. “We have a lot going on,” Tompkins said. “We have several projects under way.”

 

Source: The Real Deal

Commercial buildings—our offices, schools, hospitals, restaurants, hotels and stores—consume nearly 20% of all energy used in the United States, and we spend more than $200 billion each year to power the country’s buildings.

Unfortunately, much of this energy and money is wasted. A typical commercial building could save 20% on its energy bills simply by commissioning existing systems so they operate as intended. If a facility manager knows where to look and what changes to make, unnecessary costs can be eliminated.

Here are five building areas that should be checked and strategies to minimize energy waste.

WastedEnergy-ElevatorAging Elevator Components

When was the last time your elevator’s efficiency was evaluated? Can you remember? You’re not alone if it’s been awhile, but new technologies can make a big dent in your elevator’s energy draw. If you have a hydraulic version for a low-rise building, improvements such as properly adjusting valves, implementing sequential standby modes, and improvements to the cab such as door-operating motors can save up to half of elevator energy use. Additionally, be sure to take a look at advanced software packages that can streamline elevator operations while improving efficiency.

WastedEnergy-BolersBoilers Left Unattended

It’s not the most glamorous of tasks, but keeping your building’s boiler properly maintained can not only ensure continued performance but can also maximize its efficiency. Make sure the tubes and traps are clean and clear – if they’re obstructed, they can block heat flow and compromise the boiler’s efficiency. Keep in mind that if your boiler uses #2 fuel oil rather than natural gas, you may have to check more often as the fuel oil does not burn as cleanly as gas, leaving soot that reduces efficiency.

WastedEnergy-MotorsMotors On Overdrive

Optimizing motor speeds with variable frequency drives can not only cut energy use, as a 20% reduction in speed creates up to 50% energy savings, but it can also extend the life of your equipment. VFDs can be useful for equipment such as chillers, cooling power pumps, air handling units, and others. Don’t forget to check to see if your state’s energy office or local utility offers demand-side management rebates for VFD implementation, which can help offset the initial cost and produce even bigger savings.

WastedEnergy-HVAC CoilsDirty HVAC Coils

How are your condenser coils performing these days? If their performance isn’t what it used to be, some cleaning may be in order as the DOE reports that a dirty condenser coil can increase energy consumption up to 30%! Not only that, but failing or degrading coil performance can cause IAQ to suffer and reduce your motor’s functional life. To avoid these issues, schedule annual HVAC coil cleanings to ensure nothing’s building up.

WastedEnergy-OverboardLightingGoing Overboard With Lighting

While your office space should be adequately lit, improperly placed or overpowered light fixtures can create strain for busy occupants and can also jack up your electricity bill. Polling your occupants to learn how they feel about the illumination in their space is a good start, but a light meter that measures footcandle readings can also be a valuable tool for interpreting light levels and assessing whether or not they should be changed.

 

Source: Buildings

An Argentine developer, who is not named, is planned on building a thirty story mixed-use apartment tower at 1700 Northeast 164th Street in North Miami Beach, currently a parking lot.

[Photo via Google Earth]

[Photo via Google Earth]

The site is further west than most new development in the area, which are concentrated along the Biscayne Boulevard corridor, but is a few blocks east of the old 163rd Street Mall and its Walmart Supercenter, and will be one of the tallest buildings in the area.

1700 Northeast 164th Street in North Miami Beach

1700 Northeast 164th Street in North Miami Beach

 

 

 

 

 

Source: Curbed Miami