I just recently sold a unit at 340 Randolph Street also known as 340 On The Park and was surprised to see that the hallways are all green. It seems that this is the color everyone is talking about since this building is Leed’s Certified. The Leed Rating System stands for Leadership in Energy and Environmental design. All the finishes are environmentally appropriate.
The certification provides an independent review of a building, with a third-party verifying that the building project is environmentally responsible, profitable and a healthy place to live and or work.
In addition to the Leeds Certification,The 340 On The Park now has a number of resales on the market with units facing south that have the most spectacular protected views in the city.
It appears the green trend is being picked up my other developers as well. The Peshtigo & 9 West Erie, in Streeterville, which started marketing their respective buildings in October, all are planned to be Leeds Certified.
Another new construction green project, is Smithfield’s, who is planning to build a grocery store, strip mall, and bank on a 3.9- acre site on Ashland and Webster in Lincoln Park which would be Leeds Certified. The grocery store is slated to be over 250,000 square feet with a green roof and permeable-surface parking lot.The project moves forward once the City Council gives its approval.
Get comprehensive information on Chicago real estate.