News: Owners Developers & Managers

Lighthouse Electrical Contracting and Zapotech Energy provide solar installation at 385,000 s/f BNY Mellon Bank

Lighthouse Electrical Contracting, Inc. of Rockland, Mass., in a joint venture with Zapotech Energy of Cambridge, has completed the solar installation atop the BNY Mellon Bank facility. The 76 kilowatt system, comprised of 364 SunTech photovoltaic panels in a 5,762 s/f array, is now on-line and supplies electric power to the 385,000 s/f office complex. The solar panels are affixed to two 125-foot by 25-foot sloped steel frames and are prominently located on the roof of the building. The BNY Mellon installation is one of the largest solar projects in greater Boston and one of the top 25 solar-electric generating projects in Mass. The solar system directly integrates into BNY Mellon's power grid and is expected to have an annual electrical power output of approximately 103,000 kilowatt-hours, resulting in electrical savings for the bank of up to $15,000 per year. The electricity generated will cover between 5% and 10% of the electricity costs at the BNY Mellon operations center facility, which houses 1,000 employees. Payback for the system is expected to be within about 5 years. The project received funding from Massachusetts Renewable Energy Trust and is part of National Grid's Congestion Relief Pilot program. Installation of the solar system was coordinated by BNY Mellon's property manager, Jones Lang LaSalle. Lighthouse Electrical and Zapotech Energy worked in tandem on a project team that included project designer Symmes Maini & McKee Associates of Cambridge. Lighthouse supervised a field crew ranging from 3 to 8 electricians from IBEW Local 103. The project commenced in January and was completed, on Earth Day, April 22nd, when the system went on-line. The ribbon-cutting ceremony for the facility was attended by numerous state and local officials, including Lt. governor Timothy Murray and Everett mayor Carlo DeMario, Jr.
MORE FROM Owners Developers & Managers

Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.