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The Broadway
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The Broadway - An Introduction The Broadway is a wonderful historic building built at the turn of the 19th Century. Casa Verde, in a joint venture with King Park Area Development Corporation, will be renovating The Broadway from its current status of outdated apartments into 13 LEED-Certified High Efficiency Condominiums. 11 of the 13 units will be reserved for buyers of low-to-moderate income, proving that well-constructed Green affordable living is a real possibility here in the Midwest. The Broadway is located at the intersection of 22nd and Broadway Streets just north of downtown Indianapolis. The surrounding neighborhood is part of the Fall Creek Place renovation that has taken place in Indianapolis over the past decade. Fall Creek Place has been nationally recognized for its use of public sector funding to kick-start private sector development. This area has undergone a tremendous renovation, and is now one of the Indianapolis’ greatest success stories. Further information on Fall Creek Place click here to visit the Fall Creek Place Neighborhood Associations webpage.
Unique Characteristics of the Project The Broadway is an exciting and unique project. The building was constructed nearly 100 years ago, and its historical integrity has not been compromised throughout the years. Casa Verde intends to keep as many of the historically accurate details in place as possible during the renovation. One of the most exciting components of The Broadway project is the opportunity to showcase green building in Indianapolis. These will be the first LEED-certified condominiums in the city. In addition to this, the project also illustrates the viability of sustainable living at an affordable price point for most consumers. As stated above, eleven of the condos are for low-moderate income buyers. There are many requirements for obtaining LEED certification set by the United States Green Building Council. Casa Verde is incorporating these guidelines in the following ways: § The landscaping will use species selected to have low water needs and maintenance, which will reduce the cost to the homeowners association and reduce the water delivery needs from the local utility. § Use of foam insulation will provide higher thermal performance, thus greatly reducing the air infiltration problems typical of other alternatives. The increased energy efficiency will also reduce the burden for the utility company while reducing emissions, leading to improved air quality for the city. § Installing on demand water heaters will reduce water heating costs as water is only heated when warm water is called for as opposed to heating water at all times. Individual systems will reward residents for energy conserving practices. § Dual flush toilets will have lower water consumption because they use less water for flushing liquids. This will significantly lower water demand and lower sewage treatment demands. § High efficiency heating and cooling systems will dramatically reduce energy consumption, resulting in lower utility bills for homeowners and improved citywide air quality. § Energy Star rated windows will replace all existing windows, which will increase building performance and resident comfort. § Motion sensors at light and fan switches will reduce energy consumption through efficient use of lighting and fans. § All lamps will be fluorescent which will reduce lighting energy demand by 75%. § Energy Star appliances will be provided for greatly reduced energy and utility bills. § All of the paint for this project will be either low VOC or no VOC (Volatile Organic Compounds), creating healthier indoor air quality and reducing pollutants into the environment. § FSC Certified wood will be utilized for cabinetry, doors, casings and baseboards, fostering the use of wood from sustainably managed forests.
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