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Greening Our Real Estate Portfolio

Madison Park Development Corporation is a recognized leader for its efforts in implementing energy efficiency measures and other “green” practices in affordable housing.  Our success is a result of our strong philosophy, exhibited in our policies and procedures, as well as support from our staff.

All appliances and systems equipment commissioned during new construction and renovations are Energy Star or better, and we require our property managers to use Energy Star-qualified appliances or better when replacements are needed.

 

We use the WegoWise² web based software to monitor utility usage across our portfolio.

Our extensive track record of deep greening measures includes:

Smith House:

Haynes House:

Madison Park III:

Madison Park IV:

Interfaith Housing:

Ruggles-Shawmut:

20 @ LUMA:

Glossary of Terms

LEED1 – Leadership in Energy and Environmental Design is a voluntary, consensus-based, market­-driven program that provides third-party verification of green buildings

WEGO2
 – WegoWise is an affordable tool to monitor and benchmark the water and energy use of multifamily and single family buildings.  WEGO is Water, Electric, Gas and Oil.

Co-Gen3
 – Cogeneration (also known as combined heat and power) is the use of a heat engine or a power station to simultaneously generate both electricity and useful heat.

Photovoltaic4 – (PV) is a method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect.

Solar Thermal5
 – are the traditional solar panels that use the suns energy to heat (or pre-heat) the Hot water for the building.

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