Don’t you just hate driving around downtown Santa Monica looking for parking? A new automated garage, the kind of the future, is now being tried in Santa Monica. It allows you to park a lot more cars in a lot less space because no driving is involved. The “West Coast’s first automated parking garage” is moving cars around the UCLA Santa Monica Outpatient Surgery Center. Drivers can leave their cars at six bays, where a movable platform takes the car to a crane. The 8,000-pound crane then lowers the car onto one of six levels. Employees swipe their driver’s license or a badge to retrieve their cars, while the public will use a credit or debit card (the garage will open to the public when all the kinks are worked out). Usually the cars can be retrieved in two minutes and people seem happy with the system. “It breaks down sometimes, but when it’s working it’s really great,” according to one nurse.
One of the best aspects of the robot garages, other than never losing your vehicle or dealing with break-ins, is they hold more cars than a typical garage and can be built smaller. West Hollywood and Chinatown both have automated parking garages in the works.
by Jodi Summers
Spread across the country in such desirable cities as Los Angeles, Dallas, Houston, Washington, D.C., and West Palm Beach, FL. all totaled, nearly 2 million square feet of office space.
Here’s what’s included in the deal:
• Los Angeles – 500 North Brand Ave. Located in the heart of Glendale’s Central Business District, this 22-story, 413,274-square-foot office building provides tenants with one of the area’s most exceptional office space alternatives. This premier high-rise is conveniently located adjacent to numerous retail, restaurants, and hotel amenities, including the Glendale Galleria, the to-be built Americana at Brand, and the Burbank-Glendale-Pasadena Airport (Bob Hope Airport).
• Washington, D.C – One Washingtonian Center, a Class A, LEED, 14-story, 315,929-square-foot office building in the Gaithersburg submarket of Washington, D.C. that recently renewed a lease with Sodexo Inc. to keep its headquarters in the building. Sodexo, is on Fortune’s list of The World’s Most Admired Companies, has the ambition is to become the premier expert in Quality of Daily Life service solutions.
• Palm Beach – Esperante Corporate Center, a 20-story, 256,151-square-foot, and LEED Gold landmark located at the gateway to Palm Beach – Esperante Corporate Center commands spectacular views of the Atlantic, the Intracoastal Waterway and Downtown. Having recently completed a $4.5 million renovation, achieving status, this Class A asset offers WiFi-enabled common areas, a 24/7 lobby attendant, valet parking and a six-story atrium ideal for corporate events. Tenants automatically become members of 5-Star Worldwide, an exclusive program of tenant services that adds value to every square foot.
• Houston – 2603 Augusta, a 16-story, 243,348-square-foot office building located in the West Loop/Galleria area, described as “Houston’s premier submarket.” 2603 Augusta offers Class A, boutique office space and all the amenities of the Galleria at your doorstep.
• Dallas – Preston Commons, 8111-8117 Preston Rd., Dallas 75225 – an office complex totaling 427,800 square feet that includes a pair of eight-story buildings located in the Preston Center submarket of Dallas. The building description boasts, “A revolution in tenant service, 5-Star Worldwide is an uncommonly smart choice for tenants who need a wide array of business and personal amenities to include conference facilities, technical support, a cafe and 5-Star Worldwide personal attention.”
• Dallas – Sterling Plaza, a 302,747-square-foot building asset at 5949 Sherry Lane in the Preston Center submarket of Dallas. Sterling Plaza has one prime objective: To become North Dallas’s premiere office destination offering VALUE, SERVICE, and a fabulous package of AMENITIES. Here, tenants enjoy a one-of-a-kind 5-Star Worldwide amenities program featuring executive conference facilities and concierge services. Come see why Sterling Plaza is “Where Business Shines.”
Interested? Contact us. We’re here to help you with your real estate needs. Please contact Jodi Summers and the SoCal Investment Real Estate Group @ Sotheby’s International Realty – firstname.lastname@example.org or 310.392.1211, and let us move forward together.
edited by Jodi Summers
Here’s a cool chart predicting the growth in production of machine stress-rated (MSR). MSR wood is used mainly for trusses and I-joists, so when new construction rises, so will production. Second, design values for visually graded Southern yellow pine–another wood type used in trusses and joists–were reduced. That makes MSR of all types more desirable. The Forest Economic Advisers (FEA) predicts a boost in production of Southern pine MSR as production in Canada slows due to the mountain pine beetle’s destruction in the west and reduced harvests in the east.
Imagine getting a credit from SoCal Edison instead of a bill. Net-zero homeowners rely on power from utilities at night but get credit for the energy they produce during the day that they don’t consume. If you live in a smart home with solar power and get involved with California’s net meter programs, your energy credits for the power you create and do not use. Shine sun shine.
Net metering allows homeowners to get credit for the power they produce at a retail rate rather than a wholesale rate…nice incentive, yes? There is currently a cap on net metering programs, but experts say the cap won’t be hit any time soon.
“The energy that I don’t use Edison buys from me,” notes green home owner Steve Rosen. “It looks like I may not have an electric bill next year, because the electricity, all of it is going to keep on adding to that credit. I still have to pay delivery and handling charges, but that is just a couple of bucks a month.”
Environmentalists began pushing for California to mandate that new homes come with renewable energy systems in the early 2000s, as the technology became more scalable and available. Now there’s no other way.
In 2008, California energy regulators adopted a long-term plan that called for having all new residential buildings achieve zero net energy use by 2020 and having all commercial buildings achieve zero net energy use by 2030. And…it looks like we just might get there.
Sunny day? Let it shine…and let it make you money.
by Jodi Summers
The Smart City Wheel is not a unicycle to efficiently get you from place to place. It is a customizable plan for a broad, integrated approach to improving the efficiency of city operations, the quality of life for its citizens, and growing the local economy.
The key is to focus on having smart key elements > economy, environmental practices, governance, living, mobility, and people. The elements bond together in a molecular variety of combinations to suit their specific greening needs.
May we present the Smart Cities Wheel…
The Smart Cities Wheel, designed by Boyd Cohen, Ph.D., LEED AP, is a climate strategist helping to lead communities, cities and companies on the journey towards the low carbon economy
by Jodi Summers
Didja know, LED stands for “light emitting diode.” Nick Holonyak, Jr. (born November 3, 1928, in Zeigler, Illinois) invented the first practically useful visible LED in 1962 while working as a consulting scientist at a General Electric Company laboratory in Syracuse, New York. He has been called “the father of the light-emitting diode”.
Holonyak was John Bardeen’s first Ph.D. student at the University of Illinois at Urbana-Champaign. He received his undergraduate, master’s, and Ph.D. (1954) from the same university. He created the first visible semiconductor lasers in 1960. In 1963, he again joined Dr. Bardeen, the co-inventor of the transistor, at the University of Illinois and worked on quantum wells and quantum-well lasers.
In addition to introducing the III-V alloy LED, Holonyak holds 41 patents. His other inventions include the red-light semiconductor laser, usually called the laser diode (used in CD and DVD players and cell phones) and the shorted emitter p-n-p-n switch (used in light dimmers and power tools). He helped create the first light dimmer while at GE..
He is a John Bardeen Endowed Chair in Electrical and Computer Engineering and Physics and Professor of electrical and computer engineering at the University of Illinois at Urbana-Champaign where he has been since 1963.
He received a $500,000 Lemelson-MIT prize for his work in 2004, the single largest cash prize for invention.
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