SOURCE: SARES REGIS Group

SARES REGIS Group

December 15, 2010 12:54 ET

SARES-REGIS Group Apartment Community Earns LEED Gold Rating From U.S. Green Building Council

IRVINE, CA--(Marketwire - December 15, 2010) -  The Crossing in Anaheim, Calif., a new 312-unit, transit-oriented luxury apartment community developed by SARES-REGIS Group, earned LEED Gold certification from the United States Green Building Council.

It is the first time the prestigious Gold LEED rating has been awarded to an Orange County apartment community by a privately held development firm. 

"The Crossing represents our firm commitment to develop sustainable multifamily communities. They are healthier for our residents and reduce energy consumption. We're pleased with the reaction of the marketplace. Apartments at The Crossing are 92 percent leased, which is well ahead of schedule," said Mike Winter, Senior Vice President of Multifamily Development for SARES-REGIS Group.

Highlighted in its USGBC application was The Crossing's commuter-friendly location, the urban infill / reuse site selection, the use of green building materials, the 94 percent diversion rate by which 7,952 tons of demolition and construction waste was recycled, the donation of excavated sandy soils to the city for improvements made to the nearby Santa Ana River bed and policies aimed at promoting better health.

The community is at 3530 E. La Palma Avenue on 5.2 acres adjacent to the Anaheim Canyon Metrolink Station and near the 91 and 55 freeways. The Crossing is close to another new SARES-REGIS Group development, Canyon Point, which consists of three industrial buildings and is a candidate for LEED Gold certification, company officials said.

SARES-REGIS Group is one of the leading developers and managers of commercial and residential real estate in the western United States. Currently, the company has more than 4 million square feet of commercial industrial in the entitlement process and 1,962 residential units in pre-construction and development. SARES-REGIS Group has a combined portfolio of property and fee-based assets under management valued at more than $4 billion, including 15 million square feet of commercial and industrial space and 16,139 rental apartments. Since its inception the company has acquired or developed approximately 44 million square feet of commercial properties and 19,000 multifamily and residential housing units. For more information, go to www.sares-regis.com.

Contact Information

  • Contact:
    Art Barrett
    714-602-6021
    714-309-3700

    Zoe Solsby
    SARES-REGIS Group
    949-809-2400