This article was produced by HRP.
HRP’s Chicago transformation is an environmental feat. Now they want to make sustainability an industry standard.
The key to HRP’s approach is that it’s holistic. It’s not just about introducing green infrastructure, but also attracting green tenants. It’s not just about adding jobs, but also creating training programs and scholarships so locals can fill them. It’s not just about bringing a new space to the community, but also engaging the community throughout the process.
Take Chicago, where HRP invested hundreds of millions of dollars to transform a former coal-fired power plant into Exchange 55, soon-to-be the city’s largest LEED-certified industrial building.
Solar panels will cover one third of the facility’s roof, and LED lights and energy efficient structures will line the one million square foot space. It will create 1,000+ new jobs in Chicago’s Little Village community.
When those new employees head into work, they’ll find many low-carbon commute options. HRP has installed new sidewalks and electric vehicle charging stations, while expanding access to public transportation. If employees walk to work, they’ll do so under the shade of 650+ newly planted trees, all native to Chicago and yet another way the site is eliminating carbon from the air.
“As redevelopers, we get to build something with lasting impact,” said Roberto Perez, HRP’s president and CEO. “When we transform sites, we’re creating engines for a sustainable planet, community, and economy. It’s a big opportunity.”
HRP is transforming former oil refineries and coal-fired power plants across the country into sustainability models they hope other redevelopers will emulate.
HRP is transforming a former oil refinery in Philly into The Bellwether District. Decommissioning the former refinery resulted in a 16 percent reduction in Philly’s emissions.
In doing so, HRP has established itself as much more than a real estate company – they’re a catalyst of transformation. Learn more about how HRP is redefining the future of redevelopment at https://www.hilcoredev.com
In Baltimore, HRP transformed a former abandoned, waterfront steel mill into a next-generation logistics center that accounted for ~ 1% of Maryland’s gross state product.
HRP’s South Boston project, 776 Summer Street, will support the latest in remediation, green development, and sustainable initiatives.
