Chicago apartment community awarded LEED Silver certification
A 2,346-unit apartment community in the city of Chicago's West Loop neighborhood has been awarded LEED Silver certification by the U.S. Green Building Council following a multi-year redevelopment of the property.
CHICAGO, IL, Aug. 4, 2014 -- Presidential Towers, a 2,346-unit apartment community in the city of Chicago's West Loop neighborhood, has been awarded Leadership in Energy and Environmental Design (LEED®) Silver certification by the U.S. Green Building Council following a multi-year redevelopment of the property.
Towers 3 and 4, located at 605 and 625 W. Madison St., achieved LEED certification by meeting certain performance standards relating to site maintenance and operations, including water and energy consumption, waste mitigation and the use of sustainable and locally-sourced products. Presidential Towers marks Waterton Residential's second LEED-certified apartment community in downtown Chicago, where it also owns One East Delaware, which in 2011 became the city's first existing rental high-rise to earn LEED Silver certification.
Built in 1985, the 2.7-million-square-foot community features spacious studio, convertible, one- and two-bedroom apartments. After buying the property in 2007, Waterton began an extensive renovation of the community's residences, adding new appliances, countertops and sustainable cabinets. Waterton also updated the community's common areas and retail space, home to several restaurants and a two-story FFC athletic club.
About Waterton Residential
Waterton Residential, the multifamily investment and management division of Waterton Associates, was founded in 1998 to manage U.S. multifamily properties. Waterton manages over 50 apartment communities in major U.S. markets with a focus on excellent resident service, competitive pricing and flexible lease terms. It is headquartered in Chicago with seven regional offices throughout the United States. With approximately 20,000 apartment homes in major U.S. markets, the Waterton brand signifies exceptional living experiences, a sense of community and home. For more information, visit www.watertonresidential.com.