Properties near Purdue and the University of West Virginia are certified under the Green Building Initiative for sustainability. Other properties will soon follow suit.
ALISO VIEJO, California – Jul 14, 2017 – Three Nelson Brothers student housing properties have been certified under the Green Building Initiative for their sustainability features and practices.
Grant Street Station and South Street Station near Purdue University in West Lafayette, Ind., each received two Green Globes, and Mountain Valley Apartments near the University of West Virginia in Morgantown received one Green Globe for its apartments, one Green Globe for its clubhouse and one Green Globe for its gym.
All the properties were rated in the Existing Building category under the nationally recognized green-building certification program.
Two other Nelson Brothers’ properties – Campus Commons near Washington State University in Pullman, Wash., and The Factory near Utah State University in Logan, Utah – are in the process of being certified.
“Nelson Brothers is committed to sustainable practices, and we also know this is something that’s extremely important to our student tenants,” said Patrick Nelson, principal and co-founder of the 10-year-old family-owned company. “We’re constantly evaluating our properties for ways to conserve water and be more energy-efficient.”
In addition to energy and water conservation, the rating program grades buildings on everything from indoor air quality and heating and cooling emissions to pest management and storage of hazardous materials.
Buildings can be awarded up to four Green Globes. Two Green Globes “demonstrates excellent progress in achieving reduction of environmental impacts and use of environmental efficiency practices,” according to Retrofit magazine.
“Receiving two Green Globes is really pretty impressive,” said Barbara A.W. Clarke of John W. Lister Architects, the Green Globes professional who conducted the initial survey of the properties.
The Green Globes’ assessor’s report commended Grant Street Station for its Energy Star appliances, water-friendly landscaping, secure bike storage facility, access to public transportation, elevators that use machine-less technology, and HVAC systems in common areas that are controlled and monitored.
The report praised South Street Station for its rooftop photovoltaic panels, high-efficiency toilets, bi-annual monitoring of water consumption, integrated pest management methods and for prohibiting smoking in and around the building.
Mountain Valley Apartments was recognized for its use of ceiling fans, energy-efficient doors and windows, sub-metered tenant spaces, operating a shuttle service to the university, and for space heating and cooling for each apartment provided by dedicated heat pumps.
Grant Street was built in 2013 and South Street was completed in 2015. The two properties combined have 176 units and 364 beds. Both are located within two blocks of Purdue University. The properties were purchased by Nelson Brothers for $44 million this spring.
Mountain Valley Apartments, Nelson Brothers’ newest acquisition, has a 24-hour fitness center, a full-size indoor basketball court, an outdoor volleyball court, two dog parks, a game room with billiards, and a resort-style pool with a hot tub and sundeck. This property is still available for investing.