The developer of a new $16 million, 112-unit apartment building in Salt Lake City say the structure was built to net zero specifications at a cost on par with standard construction—a first for the state.
The developer, a nonprofit called Giv Group, says its structure, dubbed “Project Open,” is the tallest net zero building in Utah. All of the electricity residents use is offset by 3.5 acres of solar panels offsite.
This allowed the project to avoid the expense of rooftop solar panels. The project is said to have achieved a savings of $565 per unit in mechanical and electrical systems. The cost premium for net zero projects is typically 5% to 10% higher than standard construction.
70% of the apartments are affordable units with rents starting as low as $250 a month.
Related Stories
Codes and Standards | Jul 5, 2016
State legislature fails to pass law to extend design-build for New York City projects
Would have allowed five city agencies to use alternate delivery method.
Energy | Jun 30, 2016
Energy Department partnership with CoStar Group will study sustainability impact on property valuation
Database will offer rich data set on energy-efficient buildings in the U.S.
Contractors | Jun 30, 2016
Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses
Alleged to have been sham business in bid to win city public works contract.
Codes and Standards | Jun 29, 2016
OSHA starts evaluation of construction industry noise standards
New studies indicate significant number of construction workers suffer hearing loss.
Seismic Design | Jun 28, 2016
ASTM International updates seismic risk standards
Expected to improve consistency of risk evaluation on commercial real estate transactions.
Codes and Standards | Jun 17, 2016
Feds publish framework for evaluating public-private partnerships
No single factor determines whether a project yields stronger benefit as a P3.
AEC Tech | Jun 17, 2016
Driverless cars could soon start impacting commercial, retail project design
Offsite parking and more space for valet parking lines are among the foreseeable changes.
Codes and Standards | Jun 17, 2016
Bay State moves toward single BIM protocol on state projects
Massport’s guidelines a step forward for integrated BIM initiative.
Multifamily Housing | Jun 14, 2016
San Francisco voters approve tougher affordability requirement on new housing development
Critics charge that the measure may backfire and actually reduce new affordable units.
Concrete | Jun 13, 2016
American Concrete Institute releases new Guide to Shotcrete
Includes information on application procedures, testing.