Boston's Largest Property Owner Going Green

Equity Office Properties Trust is undertaking major green renovations for its Boston properties, citing fiscal benefits as the impetus. When complete, the work will likely serve as a model for the Company's holdings across the country.

"The city's largest property owner - spurred by high energy prices and rising demand from tenants - is seeking 'green' certification for all of its office buildings, marking a major milestone in Mayor Thomas M. Menino's push to make Boston the nation's most environmentally friendly city.

Equity Office Properties Trust, which owns 20 structures in and around Boston, is outfitting its buildings with features ranging from energy-saving heating and cooling units to new bike racks as part of a multimillion-dollar effort to stamp its buildings with the green label.

'We're doing this from a social responsibility perspective, but it's also become necessary to maintain tenants,' said Greg Shay, president of Boston operations for Equity Office. 'It's gotten to the point where not taking action is somewhat foolish.'

Full Story: Boston's biggest property owner going all green

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95
Book cover of Contemporary Debates in Urban Planning

Contemporary Debates in Urban Planning

Featuring thought-provoking commentary and insights from some of the leading thinkers and practitioners in the field.
$18.95