Leading Real Estate Investor, Owner and Developer
Customer Profile
Leading investor, owner and developer with over $4.1 billion of equity under management representing over 12 million square feet of office and retail space in the metropolitan Washington D.C. market.
Situation
- With building sizes ranging from 135,000 to 1.6 million square feet, there was a need for more consistent, streamlined recycling solutions to cut costs across all properties.
- As an aggressive developer, compliance with both LEED and local regulations was a critical concern.
Solution
- Implemented comprehensive recycling services for high-volume materials including cardboard, office paper, cans and bottles.
- Installed vertical balers at several locations to offset waste spend by streamlining cardboard recycling and negotiating rebates for bales.
- Converted a number of locations to compactors in order to reduce costs by better managing waste streams and improving reporting capabilities.
- Developed an innovative mercury recycling program encompassing fluorescent lights, batteries and ballast.
- Ongoing consulting with development teams and architects on new projects to ensure.
- Load docks meet the specific needs of each building’s waste and recycling programs, including appropriate equipment.
- LEED design and compliance.
- Full compliance with local waste and recycling regulations.
Financial and Environmental Benefits
- 20% savings on overall waste spend in 2007.
- Additional 20% savings projected for 2008.
- Printer rebates averaging $150 to $300 annually.
Working Towards Zero
- Working to ensure LEED silver certification on all upcoming new building development projects.