At the Operating Company level, we have undertaken a number of projects illustrating Grosvenor’s commitment to the environment.
TRUMPINGTON MEADOWS, CAMBRIDGE, ENGLAND - A 350 acre residential development site to the south of Cambridge. Grosvenor and joint venture partner USS have helped fund the restoration of the River Cam, which runs through it, providing resident access and improving fish spawning and invertebrate habits and encouraging kingfishers, otters and wading birds such as snipe back to this stretch of the river.
Credentials - Trumpington Meadows
400 GEORGE STREET, BRISBANE, AUSTRALIA - A new 43,700 sq m office tower in Brisbane, was awarded a Five Star Green Star Office Design Rating by the Green Building Council of Australia and is targeting an equivalent 'As Built' rating in 2010. Sustainability initiatives include: 100% recycled steel for reinforcing, high efficiency water fittings and fixtures; performance glazing and 280 bike racks which are proving popular with the tenants.
Credentials: 400 George Street, Brisbane, Australia
THE RISE, VANCOUVER, CANADA - A 28,100 sq m mixed–use retail and residential development in Vancouver’s uptown business district, was completed in September 2008, winning ULI’s Award for Excellence.
Credentials: The RISE, Vancouver, Canada
LIVERPOOL ONE, LIVERPOOL, ENGLAND - An innovative bio-diesel processor at Liverpool One, our retail-led, mixed-use development, converts used cooking oil from restaurants into fuel to run all of the on-site vehicles. This significantly reduces waste by diverting the used cooking oil from landfill, and lessens Liverpool One's dependency on fossil fuels and the impact of associated price volatility. Savings made in purchasing fuel are returned directly to the occupiers through a reduction in the service charge.
Credentials - Liverpool One
MAYFAIR AND BELGRAVIA, LONDON ESTATE, ENGLAND - We are completing a programme to install smart meters on Grosvenor owned and managed properties with the highest electricity use on our London estate. The data received from these meters allows us to monitor electricity consumption and identify buildings requiring energy efficient measures. It also helps meet our Carbon Reduction Commitment obligations, which come into force in the UK in April 2010.
We are also procuring 'green' electricity for our managed buildings, and trialling new technologies in building refurbishments and retrofits.
COURTYARD HOTEL BY MARRIOTT, CHEVY CHASE, MARYLAND, USA - In 2009, we received LEED Gold certification from the US Green Building Council for our Courtyard by Marriott Hotel redevelopment in Chevy Chase, Maryland. The redevelopment of this 39-year-old 226 room hotel has resulted in significant energy, water and waste savings. Sustainability initiatives include an on-site hybrid car and provides a bike-to-work programme for employees.
Credentials - Courtyard by Marriott
11 GROSVENOR CRESCENT, LONDON, ENGLAND - This refurbishment of an 1870 residential building, completed in June 2008 in line with our strategy of re–investing in our London estate, is the oldest property to achieve an ‘excellent’ Eco homes rating in the UK.
Key sustainability initiatives included: energy savings through improved insulation and secondary glazing; use of low energy lighting and installation of a dual coil hot water cylinder and water savings from low flow sanitary ware.