Real Estate Buzz: Developer pays $4,500 to plant 600 trees

Real Estate Reporter
January 24, 2013

Stream Real Estate is the first developer in Seattle to participate in a local program started by the nonprofit Forterra to mitigate the carbon impacts of construction.

The 118 apartments in Stream Uptown began leasing two weeks ago. Under the program, called C3, companies get an estimate of how much carbon they will produce in construction and operations, and Forterra determines how many trees it would take to capture that much carbon.

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Seattle’s Eco-Friendly Stream Uptown Community Begins Leasing

By Jeffrey Steele
MHN Online
January 21, 2013

Seattle—Stream Uptown, a 118-unit, Class-A, mid-rise apartment community in Seattle’s Uptown enclave, has begun leasing residences. The announcement was made by Stream Real Estate LLC, a Seattle-based company focused on developing multifamily residential properties in the core of the Emerald City.

“As a company, we started with the premise that we would push the envelope with sustainability and environmental responsibility, along with financial viability,” Marc Angelillo, managing member, Stream Real Estate LLC, tells MHN.

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‘Net zero’ apartments renting in Queen Anne

January 9, 2013

A developer has started leasing apartments in a what it touts as the first residential building in Seattle to fully mitigate its carbon footprint for construction, and ongoing operation and maintenance.

Stream Uptown is at 708 6th Ave. N., in the Uptown section of Lower Queen Anne. It has 118 apartments, ranging in size from 541 to 855 square feet, with rents starting at $1,132.

“We are excited to offer residents a community that emphasizes sustainable living,” Marc Angelillo, managing member of developer Stream Real Estate LLC, said in a news release. “Our focus as a company and developer is to create market rate units that push the envelope on sustainability while remaining economically  viable.”

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