This is the sixth project by Skyline Innovations, a small but creative, new enterprise of young energy professionals taking on all the start up, installation, and maintenance costs of solar panel construction, so to encourage green investment. Clients, in this case Crosstown Properties, simply agree to purchase the generated energy from Skyline at a guaranteed discount rate. In eliminating nearly 70 percent of their natural gas consumption, 3501 13th Street residents are taking a commendable step in reducing their carbon emissions and impact on the environment.
It all came together yesterday, on July 21st - an excellent day if you're a sun-soaking solar panel, if not for a journalist. Scott Friedman, CEO of Greenavise, gathered at 3501 alongside Skyline CEO Zach Axelrod and several team members to unveil their newest and most impressive project to the press, city officials, and several local residents. As many of the involved parties are citizens of Ward One, they stressed their pride in bringing an important project like this into their own neighborhood. Zach Axelrod and
Aaron Block, Skyline's head of market development, both insisted that six projects in a year was not keeping them busy enough, and declared their business anxious to expand. With what seems to be a unique and winning business model and pricing formula, Skyline may indeed convince many new companies that going green is not just ethical, but good economical sense.Ward One Councilman Jim Graham (pictured) was in attendance along with Ward Three Councilwoman Mary Cheh. Each briefly took the microphone to express their gratitude and support for this kind of environment-focused business venture, and pledged to continue their work at making sure D.C. maintains its course towards becoming one of the greenest cities in the country. Later in the evening, Skyline Innovations celebrated their one year birthday party.
Washington real estate development news
1 comments:
Though it is laudable that Crosstown has allowed Greenavise and SkyLine to potentially lower their energy costs with renewable energy, 3501 13th St NW is a long way from being a Green building. As a resident of the building, I can attest that Crosstown’s reluctance make capital investment in being green extends to even those required by DC law. Currently the building has no facilities or systems for residents to separate and recycle their waste stream. So before we give Greenavise and Crosstown a big pat on the back for going Green we should take holistic look at the property.
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