LEED Certification – Good for Buildings, People, and the Planet

Based in Portland, Oregon, experienced real estate executive Barclay Grayson serves as senior vice president of BPM Real Estate Group. In this capacity, he directs the firm’s operations in property acquisition and development of commercial, hospitality, and multi-family residential construction. Barclay Grayson of Portland also maintains a strong interest in obtaining LEED certification for the firm’s properties. The development at the Radisson Blu hotel in Anaheim, California, which earned BPM a 2020 award from the Anaheim, California Chamber of Commerce, is set to become a LEED Silver-certified property.

The LEED (Leadership in Energy and Environmental Design) certification program has received international recognition as the major standard in environmentally responsible building design. A range of residential and commercial building types are eligible to receive LEED certification.

The system is a product of the United States Green Building Council (USGBC). It offers third-party, independent verification that a structure’s design and construction meet standards for reduction in carbon dioxide emissions, energy and water usage efficiency, and other aspects of environmental quality. LEED strategies are continuous over the life cycle of a building, from initial design and materials, to ongoing maintenance and logistics, to future retrofitting.

The USGBC works to create healthier, more secure, and more sustainable communities all over the world. The USGBC team believes that a long, healthy, enjoyable life is a basic right to which every human being is entitled, and that the quality of the buildings humans inhabit contribute immeasurably toward that effort.

Broadway Tower – A Dynamic Mixed-Use Asset in Downtown Portland

Barclay Grayson of Portland, Oregon, oversees a diversified portfolio of commercial properties as a senior vice president of BPM Real Estate Group. In 2015, Barclay Grayson’s firm moved into the office ownership, development, and asset management sphere. Having acquired or developed more than $250 million in Portland Class-A office buildings over the past five years, core BPM assets include Willamette Oaks, Pearl West, and Broadway Tower.

With construction started in June of 2016 and completed in late 2018, Broadway Tower encompasses 19 stories and 430,000 square feet. It inhabits a footprint previously occupied by the locally owned Oregonians Credit Union building. In addition to office space totaling 175,000 square feet, it includes a 180-room Radisson RED, a hotel brand that is particularly attractive to millennial professionals. The tower also offers 247 underground parking spaces.

When it comes to office space, financial, law, and IT firms have been the primary drivers of demand in Oregon. In April of 2020, the LEED Gold-certified building was in the news, with the office portion of the tower acquired for $132.5 million by Principal Real Estate Investors. The Radisson RED hotel, which occupies the building’s first eight floors, was not included in that sale.

LEED Building Rating System Factors in Health and Well-being

Based in Portland, Oregon, Barclay Grayson has an extensive property investment and development background and has built a portfolio that spans diverse verticals, from hospitality to commercial space. Focused on next-generation building practices, Barclay Grayson and his colleagues at BPM Real Estate Group in Portland have earned Leadership In Energy and Environmental Design (LEED) certification on various projects.

As detailed in an American Institute of Architects article, the LEED green building rating system has expanded over the years from one focused on resource and energy consumption, to one that also considers individual health impacts.

One direct way in which LEED credits reflect physical health is the category of Indoor Environmental Quality (IEQ). This has traditionally included prerequisites such as Tobacco Smoke Control and credits for Indoor Chemical and Pollutant Source Control. The latter centers on the inhalation of chemicals that are documented as being noxious and harmful.

Another type of credit focuses more on the mental aspect of wellbeing and includes Daylight and Views; Thermal Comfort; Open Space; and Public Transportation Access. These fall under the LEED v4 Impact Category “Enhance Human Health and Well-being,” which was instituted in 2017.

A recent area of focus for the US Green Building Council has been launching the Integrative Process for Health Promotion. This pilot credit incentivizes project teams to start in the pre-design stages by systematically defining relationships between traditional environmental and health outcomes.

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