More Business News:
The Fitzgerald to Become Baltimore's Largest LEED Certified Residential Development
The Fitzgerald at UB Midtown is on track to become the most sizeable LEED certified apartment community in the Baltimore area, according to Greenbelt, MD, The Bozzuto Group.
The development, comprised of 275 apartments, 24,000 square feet of street-level retail and a 1,245 space parking garage, is registered with the U.S. Green Building Council (USGBC) and is being constructed to attain LEED certification. The Fitzgerald garage opened on January 11th, residential leasing will commence in March, and retail will begin to deliver in early summer.
A Barnes & Noble College Booksellers Superstore will serve as the anchor of the retail portion of The Fitzgerald. The store, featuring 20,000 square feet of retail space on two levels, a Starbucks-branded cafe, and designated areas for UB textbook and institutional sales, is expected to open for business this fall.
The Fitzgerald is a joint venture between The Bozzuto Group, Gould Property Company, NYSTRS and former Baltimore Raven Michael McCrary, and sits on 4.6 acres of land owned by the University of Baltimore. The project is developed by Bozzuto Development Company, Bozzuto Construction Company is the general contractor, and Bozzuto Management Company will professionally manage the community.
To achieve LEED certification, The Fitzgerald's sustainability strategy includes implementing a number of environmentally-conscious design features, construction tactics, water efficiency technologies and air quality practices.
- Energy Reduction: The Fitzgerald has been designed to operate no less than 14 percent more efficiently than current standards require, achieved through fluorescent lighting and Energy Star appliances, among other sustainable aspects of the building. In addition, 70 percent of the building's electricity will be purchased from renewable sources.
- Water Reduction: Reduction of water consumption will be achieved through use of plumbing fixtures such as dual-flush toilets, low-flow faucets and low-flow showers, collectively reducing consumption by 40 percent.
- Air Quality: The Fitzgerald will be 100% smoke free, inside and out. All carpets, adhesives, sealants, paints and coatings used in the building will meet or exceed low VOC standards to ensure the best possible indoor air quality.
- Recycling: Easily accessible recycling areas will maximize participation by residents and retailers. During construction, no less than 75 percent of waste has been diverted to recycling rather than to landfills. In addition, no less than 10 percent of the building will be constructed with recycled content and no less than 10 percent of the building will be constructed with materials and products that have been sourced within 500 miles of the project site.
- Transportation: The Fitzgerald is a transit-oriented development located at a light rail stop and within two blocks of Penn Station. This urban location promotes minimal vehicular use, reducing the carbon footprint of its residents and patrons. The community also offers significant bicycle accommodations, including an enclosed area with racks, as well as preferred parking for hybrid vehicles and car sharing.
The Fitzgerald's 1,245-space parking garage provides convenient public parking for the neighborhood, most notably serving the University of Baltimore, the Lyric Opera House, and MICA, as well as local businesses, commuters, and residents. Parking rates begin at $6 for two hours, with modified rates for monthly plans and special events, and preferred rate structures for UB staff and students and Fitzgerald residents.
"As a longtime multifamily developer, we have for many years believed that growth can be both economically and environmentally sound," said Tom Bozzuto, CEO of The Bozzuto Group. "We believe The Fitzgerald takes that notion to the next level."
For more information, visit www.FitzgeraldBaltimore.com.