DALLAS, TX - Frisco will have the first apartment complex in the Dallas-Fort Worth area that meets the Green Built North Texas' new criteria for green buildings, the organization said Wednesday. The property meeting the organization's green-built standards is Dallas-based Tonti Properties' La Valencia at Sherwood apartment complex in Frisco, due to be fully completed in March 2009.
Green Built North Texas is a program that encourages green building under the umbrella of the Home Builders Association of Greater Dallas.
The group said the Tonti project incorporates several key elements of green living and energy preservation, including solar deflecting-thermal resilient windows, high performance heating and air-conditioning systems, R-13 interior walls insulation, R-22 for the exterior walls and R-44 in the attic.
The added insulation is expected to keep utility bills down. Green Built North Texas says in order to create the first green-built apartment complex, the program had to develop a protocol for practicing the art of conservation inside multifamily developments like La Valencia.
"Tonti Properties is constantly looking to improve the living experience of our residents and building green was the next logical step. We understand that saving money and helping the environment is important to our residents," said Rick Perdue, vice president of acquisitions and development for Tonti Properties.
At the moment, approximately 30 percent of La Valencia's apartments are leased, with some residents already living in the completed segments. La Valencia's monthly rents fall in the $830-to-$1,575 price range.
Source: Dallas Business Journal