(WASHINGTON, D.C.) – The Washington D.C. office of Hines, the international real estate firm, announced today that One Franklin Square (1301 K Street, NW) has received Gold certification under the U.S. Green Building Council’s LEED® rating system for Existing Buildings.
One Franklin Square is a 599,217-square-foot, 12-story office building located in downtown Washington, D.C.
Designed by Hartman & Cox and completed in 1990, the property was acquired in 1996 by a joint venture between Hines and the General Motors Pension Fund.
One Franklin Square has earned the ENERGY STAR® label nine times since 2000.
With a current score of 86, the building is 35 percent more energy efficient and annually saves $1.28 in energy costs per square foot when compared to the average U.S. office building.
This translates to estimated annual greenhouse gas reductions equivalent to removing 590 passenger vehicles from the road.
Hines General Manager Timothy R. Lowery said, “We are very proud to introduce the LEED Gold certification to our tenants and visitors. This certification validates our ability to deliver long-term cost savings and an enhanced indoor environment to the tenants of One Franklin Square.”
Hines Vice President Michael Allen added, “In addition to our new building certification program, this achievement marks the latest success in our effort to earn LEED across Hines’ entire Washington D.C. portfolio of existing buildings.”
Green features implemented at One Franklin Square include the installation of low-flow sinks and water closets, a fully automated building management system, a high-efficiency lighting program, and the institution of an E-Waste recycling program.
One Franklin Square is leased to a roster of notable tenants that includes SNR Denton, PricewaterhouseCoopers and Reed Smith. Hines is responsible for managing and leasing the building.
Hines is one of the most sustainable real estate companies in the world. In 2010 Hines was recognized by the EPA, for the third time, with the ENERGY STAR Sustained Excellence Award; Hines manages 153 labeled buildings, representing more than 77 million square feet, in the ENERGY STAR program. Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.
Hines is also a leader in the U.S. Green Building Council’s programs, with 202 projects, representing more than 107 million square feet that have been certified, pre-certified or registered under the various LEED® rating systems. Hines was a founding member of the German Sustainable Building Council and the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,119 properties representing more than 457 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 100 cities in 17 countries, and controlled assets valued at approximately $23 billion, Hines is one of the largest real estate organizations in the world. Visit www.hines.com for more information. To learn more about sustainability at Hines, visit www.hines.com/sustainability.