Real Estate Properties Group Development Initiatives provide real estate development projects and services to the public sector. Since our inception in 2015, we have millions of dollars in development project idea's currently on the drawing board.
Our Development Initiatives are tracking three major area's at this time, as well as many different city, state, and federal incentive programs that relate to real estate development, job creation and expansion, as well as job training. By engaging Real Estate Properties Group Development Initiatives at the idea stage of development, we can provide innovative approaches to guide our project's through the obstacles of the complex research and development process.
By researching, developing and assisting local Cities, Counties and States in implementing their master plans by creating economic development benefit business districts, Real Estate Properties Group Development Initiatives will be a proven track record for providing value to the area's we invest.
Sustainable Buildings
One of the foundations of our Development Initiatives is to build and provide Conservation and Sustainable Buildings, directing and incorporating sustainable building practices into the design, construction, and renovation of our project's buildings. Through this process, Real Estate Properties Group will maintain and practice the evaluation of life-cycle energy performance for alternative building designs on all of our projects. Additionally, we will follow a comprehensive plan to help reduce energy consumption and costs in all of our projects.
Sustainable Building Philosophy
After research about the many years of construction experience from construction companies, Real Estate Properties Group has become focused on “High-Performance Building” outcomes. The “High-Performance Building” concept was a predecessor to today’s “Sustainable Building” concept. Many of today’s sustainable building measures have been best practices in the construction industry for many years. In accordance with best practices, our buildings will strive to be energy efficient, functional, durable, and maintainable. In other words, they should be “sustainable.”
Sustainability and Cost-Effectiveness
Real Estate Properties Group believes that sustainable building practices must provide cost-effective results in order to be a maintainable practice going forward. Through years of experience, especially through recent efforts evaluating life-cycle energy performance, we conclude that sustainable building practices can be extremely cost-effective. Sustainability and cost-effectiveness are not mutually exclusive outcomes.
Sustainable Building Approach
We believe in using a sustainable green rating system as follows:
A Green Building Initiative’s Green Globes rating system
A Green Building Coalition rating system
The International Green Construction Code (IGCC)
The United States Green Building Council (USGBC) Leadership in Energy and Environmental Design (LEED) rating system
We strive for the highest possible sustainable building rating for each new construction and renovation project we propose, but then we intend to go further when possible by evaluating the total life-cycle cost of building and the systems and components as well. Through careful research and study of Life-Cycle Cost Analysis, we can now easily separate fact from perception when evaluating potential building design options.
In addition, when it comes to energy consumption in particular, we will consider at least one design option that far outperforms a preferred rating system. Nevertheless, our ultimate decision will be made on the basis of long-term cost-effectiveness.
Enhanced energy efficiency can often dramatically improve the cost-effectiveness of a building, but it takes a life-cycle cost analysis to prove which options are truly cost-effective. Determining the total cost to own, operate, maintain, and replace building systems over the long term (i.e., the total life-cycle cost) is crucial to making a good decision. We will apply this technique to all of our construction projects, including renovation projects that address major energy-consuming equipment in existing buildings.
“Our role is to apply due diligence to these important business decisions on behalf of Real Estate Properties Group. Our pursuit of cost-effective solutions is grounded in our belief that good business decisions yield good results,” said JW DAVIS, President & CEO.
Sustainable Results
Sustainable rating systems set minimum requirements for material selections, site usage, water efficiency, and energy consumption among other categories. These rating systems then encourage building owners to exceed those minimum requirements by awarding higher levels of green certification. When it comes to whole-building energy consumption, we are currently observing that outperforming the rating system by 30 to 40 percent typically demonstrates the lowest total life-cycle cost.
“New buildings and major renovations can be designed to be far more energy efficient and cost-effective than current minimum standards,” said JW Davis, President & CEO.
Real Estate Properties Group has also found that greatly enhanced energy efficiency in Heating, Ventilation, and Air Conditioning (HVAC) and lighting systems typically pays back the added costs within a few years. This is especially pertinent to existing projects we are proposing due to the regular replacement of energy-consuming equipment, not to mention the large number of buildings.
“When replacing energy-consuming equipment is warranted, the impact of greatly enhanced energy efficiency can be dramatic,” said JW.