“Wellory Living captures Huntsville’s innovative, forward-thinking nature,” Huntsville Mayor Tommy Battle said. Construction on the residential development in the MidCity District is expected to begin in early 2023 and could be complete by summer 2025.
“We are constantly evaluating and re-imagining the community’s needs so we can attract first-to-market innovative solutions that lead Huntsville into the future,” RCP Co-Founder Remy Gross said in the announcement. “What would it look like to live well and live good? Wellory Living aims to have a net zero impact through solar cell photovoltaic panels, reflective roofing, greatly reduced leakage and waste, smart thermostats and more.
The six-story development will include 342 apartment units as well as co-working spaces, a roof-level lounge and an outdoor terrace. Net-zero energy buildings, according to the announcement, generate as much renewable power as they use, using a mix of onsite renewable energy, electrification and deep efficiency measures to reduce its carbon footprint. Over 40,000 square-feet of the Wellory Living roof is PV panels, generating power every day. Wellory Living’s design takes a dynamic approach to sustainability prioritizing continued reduction in impacts during construction, and operations moving forward.
“As an investment firm rooted in building the health of systems, it was a natural fit for us at Grounded Capital to be part of bringing this net zero development to MidCity and play a role in supporting regenerative social, ecological and financial systems in Huntsville,” Parren James, principal at Grounded Capital, said in the announcement. “Wellory Living will showcase how sustainable living is achievable for all looking to decrease their carbon footprint.
If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Virginia-based firm breaks ground on 350-unit apartment community in HuntsvilleHuntsville’s growing high-tech workforce served as a lure for a Virginia-based firm’s first development in the city.
Read more »
Huntsville expected to be one of America’s biggest, most affordable real estate markets of 2023A forecast for 2023 by nardotrealtor anticipates that next year will be the “turning point” where more buyers return to the market as inflationary pressures cool.
Read more »
Bitcoin miner CleanSpark reports $42.3 million net loss, missing estimatesBitcoin miner CleanSpark reported $26.2 million in revenue, missing the average estimate of $27.1 million. The non-GAAP net loss of $42.3 million was also worse than estimates, but the company cited goodwill impairments.
Read more »
tWitch’s Net Worth Includes What He Made From ‘SYTYCD’ & ‘The Ellen Show’ Before His DeathHow much tWitch made from SYTYCD and EllenDeGeneres' show before his death.
Read more »
Update On Zimbabwe’s Net Metering ProgramIn 2020, following some pilot projects, Zimbabwe’s electric utility company ZETDC started its net metering program. Zimbabwe’s net metering regulations say anyone who has a renewable energy source, e.g. wind or solar, and has a grid-tied inverter can apply for net-metering.
Read more »
Virgin to fly 'net-zero' transatlantic Boeing 787Billed as the 'world's first' net zero transatlantic flight, the aircraft will hit the skies in 2023 fueled entirely by what's known as sustainable aviation fuel
Read more »