Groundbreaking on Largest Geothermal Residential Building in NY State by Lendlease

Lendlease and joint venture partner Aware Super have commenced construction on 1 Java Street, an 834-unit residential development along the Greenpoint waterfront in Brooklyn. This project will be New York State’s largest geothermal residential building, setting a new standard for socially and environmentally sustainable living.

In addition to the geothermal system, 1 Java Street will be fully electric with no natural gas usage – aligning with Lendlease’s Mission Zero goal of achieving absolute zero carbon by 2040. The development also sets aside 30% of units as affordable housing and features a new public waterfront esplanade with a living shoreline plus 13,000 square feet of neighborhood-oriented retail space. As part of their joint venture Americas multifamily portfolio that achieved net zero carbon in 2021, this is the sixth project developed and operated by Aware Super & Lendlease together.

“1 Java Street pushes the boundaries for what is possible when it comes to sustainability,” said Claire Johnston CEO at Lendlease USA .

The groundbreaking event marks another milestone towards creating more sustainable communities across New York State while providing much needed affordable housing options within its borders.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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