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January 12, 2011 
CHA's Green Assessment

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It's the nation's largest survey of affordable housing for environmental friendliness: the Chicago Housing Authority has teamed up with HOK to evaluate more than 580 buildings on 62 different sites.
CHA's David Anderson and Edie Cruz and HOK's Colin Rohlfing
The study, which ends in February, and could save up to 15% on heating energy costs, will determine what can be done to each building to bring it up to LEED-EBOM standards. We stopped by the CNA building where both HOK (the prime on the project) and the CHA have offices to chat about the seven-month project. CHA's energy managers David Anderson and Edie Cruz and HOK's sustainable design leader Colin Rohlfing say the survey was funded partially by a $66M HUD grant to restore boilers and heating systems. They agreed as part of the grant to do the survey, which included an evaluation form for property managers and resident surveys to see what they thought of potential new green measures like sustainable cleaning and maintenance practices.
HOK's Colin Rohlfing, Isilay Civan, Brian Dolan and Susan Heinking
Helping out with the project was HOK's sustainble design team Isilay Civan, Brian Dolan, and Susan Heinking. Siemens assisted in the energy evaluation, Environmental Systems Design on the engineering front, and TAG International on property management. The CHA is already close to meeting the year 2030 emissions reduction goal established in the Chicago Climate Action Plan, which calls for city agencies and private partners to reduce energy use by 60% compared to 1990 use levels. Even once the study ends, 22 residents (trained to be LEED-GA accredited by TAG) will help put energy conservation measures in place. These include installation of low-flow shower heads and sink aerators in all of the development properties, which could save an additional 30% of water use, leading to a 10% to 15% energy savings from hot water heating.

No New Development
DePaul's Susanne Cannon
It's mixed reviews for what to expect in 2011, reports DePaul University's Susanne Cannon. At yesterday's AIRE luncheon, she predicted slow and steady job growth, an increased appetite for lending, and some increases in banks and lenders finding ways to work through delinquency. She hopes commercial real estate will hit bottom, and fresh equity will start to come off the sidelines, but she doesn't think we'll see new development for another year or two.
DSI's Jacob Karamol, Gabriel Environmental Services' Cathy Small and Circle Realty Advisor's Alyssa Helgesen
We snapped DSI's Jacob Karamol, Gabriel Environmental Services' Cathy Small, and Circle Realty Advisor's Alyssa Helgesen. Jacob is working on a 25k SF office buildout for Avnet in Hoffman Estates. Cathy was celebrating her first day on the job at the environmental due diligence firm.
Krusinski's Jeff Krusinski, Venture One's Matt Goode, Jacob & Hefner Associates' William Bohne and Cushman & Wakefield's Sean Henrick
Krusinski's Jeff Krusinski, Venture One's Matt Goode, Jacob & Hefner Associates' William Bohne, and Cushman & Wakefield's Sean Henrick were ready to hear more about the future. Matt just bought a 79k SF building in Libertyville for his company's first fund. William is working on designing a building for the Carol Stream Park District and doing a survey for Venture One.

Evanston REO Building Sells
1732 Central

Converged Communication Systems has purchased a 4,700 SF building at 1732 Central St in Evanston for $580,000. Building Equity RE's Dan Rosenberg and Peter Lynn repped the buyer and the seller in the sale of the REO building with 10 parking spaces, which closed Friday. The new owner will bring about 25 jobs to the Central Street corridor, and this after the building stood vacant for several months. If our math is right, a car pool of 2.5 people per vehicle will fit everyone. We look forward to learning which person is the half.


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