Posted on LoopNet
Commercial Real Estate News
The Portland Business Journal
Venerable Group Inc. has earned “gold” level certification from the U.S. Green Building Council for its multimillion dollar renovation of the White Stag Block in Old Town China Town.
The council awarded the three-building project the second-highest honor in the Leadership in Energy and Environmental Design (LEED) Program.
Venerable remodeled the historic buildings for two primary tenants. It is the new Portland home for the University of Oregon’s local architecture and journalism program as well as United Fund Advisors.
The renovations included an extensive rainwater harvesting system that reduces water demand by 86 percent. The project recycled 99 percent of construction waste and included installation of a new climate control system that is 30 percent more efficient than industry standards.