When it is complete, in Q2 2010, PNC/Vornado expects to seek LEED gold level core and shell certification the United States Green Building Council. Meanwhile, PNC occupies the existing buildings, has signed a lease for temporary space at 800 Connecticut Ave. Michael Harreld is PNC's regional president.
By now, PNC has accumulated a large store of green building knowledge, the spokesman says. "PNC is committed to green building--we have more LEED certified building than any other publicly traded company in the world." As the company continues to add to its green portfolio – all of its new branches are green, for instance--it is finding that the cost of the materials are falling as they are more widely used in the marketplace.
The new building will hold PNC's Greater Washington headquarters, the regional staff of PNC business lines, a PNC Bank branch, other office tenants, retail space, a concourse level and two levels of parking.
Gensler is the architect for the building and Paladino & Co. is the green building consultant. Vornado/Charles E. Smith will be the developer, leasing and management company.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
