|
Wicked
Local - Woburn - November 18, 2010
Cummings
Properties receives green award
Wicked
Local - Woburn
On Nov.
10, with Fenway Parks Green Monster serving as an appropriate
background, Gary Gresh, Cummings Properties sustainability manager, accepted
a 2010 MassSavers Business Award on behalf of the company.
The exclusive
award ceremony honored businesses, municipalities, and public institutions
for completing or undertaking energy efficiency improvements this year
with the help of programs from Mass Save or for supporting energy efficiency
initiatives through Mass Save an initiative sponsored by Massachusetts
gas and electric utilities and energy efficiency service providers. Notably,
Cummings Properties was the only real estate firm selected for the honor.
We
are thrilled to honor the winners today, said Robert P. Mahoney,
chairman of the board at Cape Light Compact, one of the sponsors of Mass
Save. Mass Save is the product of a statewide coordinated effort
to achieve energy savings through efficiency programs, and the 12 winners
represent the best of those efforts.
The award
winners, sponsors from Mass Save, and other industry professionals received
a behind-the-scenes tour of Fenway Park and a special meet-and-greet with
Joe Castiglione, the voice of Red Sox Radio Network, WEEI.
Cummings
Properties, founded in 1969, is a full-service real estate development,
property management, and construction firm with 83 buildings in 10 Boston
area communities. It has a long history of green business practices including
building renovation and reuse; energy-saving design, construction, and
property maintenance; utilization of recycled materials and equipment;
and reduction of waste through recycling programs.
Cummings
Properties has earned the governments Energy Star rating for office
buildings in Beverly, Marlborough, Medford, and Stoneham, and received
LEED Gold pre-certification for the recently built TradeCenter 128 in
Woburn. The companys most notable recycled building
is the two million square foot Cummings Center in Beverly, former home
of United Shoe Machinery Corporation.
In addition
to its environmentally responsible efforts with new construction, Cummings
green philosophy is reflected in its renovations of older properties,
including a current project to retrofit approximately 35,000 light fixtures
throughout its portfolio with energy-efficient replacements. When completed,
this project will save more than 13 million kWh annuallyenough to
power 1,174 typical homes for one year. The bulbs, ballasts, and metal
from the old fixtures are, of course, recycled.
Gresh
states that Cummings Properties motivation for its energy efficiency
efforts stems as much from a desire to do the right thing
as it does from potential cost savings, as evidenced by the companys
decision to hire a sustainability manager. Cummings was, reportedly, one
of the first area real estate companies to create a full-time, permanent
position for this role.
Gresh
added, Cummings has emerged as a leader in sustainability among
commercial real estate developers in New England something our
management, employees, and clients are proud of.
Gresh
works closely with NSTAR, a Massachusetts-based electric and gas utility
that assists companies in identifying and implementing initiatives to
reduce carbon consumption, and also offers rebates and other incentives
to encourage energy efficiency upgrades.
According
to Gresh, A cost benefit analysis, factoring in the incentives and
the savings over time, clearly shows that energy efficiency makes good
business sense.
Dennis
Clarke, president and CEO of Cummings, adds that his firms environmentally
friendly features have become a significant factor in attracting new clients,
including clean energy companies. Businesses seeking to make a favorable
impression on environmentally conscious customers are also attracted to
the energy efficient features of Cummings Properties buildings.
The
green movement has gained considerable momentum in recent years,
said Clarke. This public awareness creates a competitive edge for
companies that keep the environment in mind when making important business
decisions, such as where to locate an office.
Solar
energy, while outside the realm of the MassSavers Award, is another major
focus for Cummings Properties. The company is on the verge of completing
the last of a significant, three-phase solar installation project at TradeCenter
128.
Gresh
called the 1,256 panel, 250 kW project, located atop the five-story parking
garage, one of the most ambitious solar ventures in the state by
a corporation.
While
the most recently installed, third-phase panels will be fully activated
around November 17, much of the installation has been generating energy
since late 2008.
In May
2010, Cummings installed a 120-panel, 30 kW photovoltaic solar panel array
at its 8 Cabot Road locations in Woburn. While many of the panels are
located on the roof, 20 panels act as awnings over the south-facing windows,
further saving cooling energy and serving as visible reminders of the
buildings energy-saving features.
Gresh
estimates that, in total, the Cabot Road array generates approximately
50 percent of the energy used by the buildings common area systems.
Cummings
Properties leases 10 million square feet of office space to 2,000 clients.
Most Cummings Properties buildings are owned by, and for the benefit of,
Cummings Foundation, Inc.
|