CIRI development joins environmental stewardship with commercial value

CIRI Land Development Co. (CLDC) aims to attain internationally recognized green building certification standards with the first Leadership in Energy and Environmental Design (LEED)-silver designation office building in Anchorage. CLDC’s south Anchorage office park development, 11500 C Street, will seek LEED-silver designation from the U.S. Green Building Council (USGBC), which sets guidelines for constructing and operating buildings in an environmentally sustainable manner.

CLDC has signed Alaska Native regional corporation Doyon Limited, as the sole tenant for the 40,000-square-foot building. Located in a premier south Anchorage location at Klatt Road and C Street, the building is located on a 22.37-acre site owned by CLDC. The site presents a location that is well suited for a mixed-use class “A” office/retail development on five lots. A municipally funded roundabout at the entrance to the project eases traffic and creates an attractive entrance.

CIRI fully supported building green and LEED certification for this project. The 40,000-square-foot office building is currently under construction and is scheduled to open March 1, 2011. The LEED certification system was chosen for this project for its international recognition, comprehensiveness and technical transparency. LEED certification promotes design and construction practices that increase profitability while reducing waste and harmful environmental impacts. LEED-certified buildings often yield higher tenant returns and reduce associated energy-related operating costs.

“The building is an excellent example of the value of environmentally friendly design,” said Margie Brown, CIRI president and chief executive officer. “Today’s building market is oriented toward tenants preferring green developments, and CIRI enthusiastically embraced this opportunity to demonstrate environmental leadership.”

LEED certification requires third-party verification. Project leaders from CLDC, USKH, Pacific Tower Properties and Roger Hickel Contracting meet frequently to assess the building’s progress toward LEED certification.