a:26:{s:9:"weblog_id";s:1:"4";s:8:"entry_id";s:3:"277";s:6:"sticky";s:1:"n";s:14:"allow_comments";s:1:"n";s:16:"allow_trackbacks";s:1:"n";s:10:"entry_date";s:19:"2008-10-14 09:02 PM";s:15:"expiration_date";s:0:"";s:23:"comment_expiration_date";s:0:"";s:8:"category";a:1:{i:0;s:2:"20";}s:9:"author_id";s:1:"2";s:10:"new_weblog";s:1:"4";s:6:"status";s:4:"open";s:14:"trackback_urls";s:0:"";s:18:"versioning_enabled";s:1:"y";s:5:"title";s:62:"Work Begins  in First LEED-Certified Business Park in Missouri";s:9:"url_title";s:61:"work_begins_in_first_leed_certified_business_park_in_missouri";s:6:"submit";s:6:"Update";s:11:"field_id_26";s:63:" Work Begins  in First LEED-Certified Business Park in Missouri";s:11:"field_ft_26";s:4:"none";s:11:"field_id_31";s:0:"";s:11:"field_id_44";s:216:"An affiliate of St. Louis developer Conrad Properties Corp. has begun renovation of the first building in the four-building first phase of Millwell Green, a new 8.8-acre, $13 million business park in Maryland Heights";s:11:"field_ft_44";s:4:"none";s:11:"field_id_28";s:28:"Millwell Green, LEED, Conrad";s:11:"field_ft_28";s:4:"none";s:11:"field_id_29";s:3622:"<p>An affiliate of St. Louis developer Conrad Properties Corp. has begun renovation of the first building in the four-building first phase of Millwell Green, a new 8.8-acre, $13 million business park in Maryland Heights. According to Rob Goltermann, director of business development for Conrad, Millwell Green is the first fully LEED-Certified (Leadership in Energy and Environmental Design) business park in Missouri. <br /><br />Goltermann reported that more than 75 percent of the 21,000-square-foot 218 Millwell building is already pre-leased to office services provider City Blue Technologies and to a second tenant who has requested anonymity. City Blue is relocating from 103 Weldon Parkway in Maryland Heights. Both users are scheduled to occupy their new space by year end 2008.<br /><br />Three of the four buildings in Phase I were originally warehouses, with the fourth the former municipal services center/city hall for Maryland&nbsp; Heights. Conrad is reducing all four buildings, which total 87,570 square feet, to their structural steel shells and then rebuilding them in accord with LEED standards.<br /><br /><img alt=\"Millwell Building\" class=\"image-left\" height=\"184\" src=\"/images/uploads/Millwell218_Conrad.jpg\" style=\"float: left;\" width=\"266\" />The four single-story service/distribution buildings, all of which can accommodate a single user or multiple tenants, range upwards in size from 18,900 square feet. The buildings have clear ceiling heights of 16 to 25 feet with docks and/or drive-in door access to be provided per user specification. Space for lease is being quoted at $7.95 to $14.00/SF (triple net), depending on the percentage of office finish desired. Each building is also available for purchase, with prices ranging from $1.95 to $2.4 million. <br /><br />Property tax abatement extended to Millwell Green by the City of Maryland Heights under Missouri Chapter 353 statutes gives the development a cost-saving advantage in the marketplace, says&nbsp; Goltermann. \"The resulting reduction in operating expenses works out to about $2 per square foot annually or savings of $20,000 per year for a 10,000-square-foot tenant,\" he said. The abatement will extend for a minimum of 18 to a maximum of 25 years. <br /><br />\"We think Millwell Green makes a sound investment case to a prospective tenant or buyer currently operating out of an antiquated facility,\" he added. \"We are presenting new space in the Westport area supported by ample parking in a LEED-indentured development at a very competitive rate.\" <br /><br />Phase II consists of a 3.2-acre parcel for sale to build-to-suit users. The site can accommodate a single structure of up to 53,000 square feet or up to four smaller free-standing buildings. <br /><br />A walking path with educational signage detailing LEED-focused innovations will link the Millwell Green campus with the new city hall for Maryland Heights that borders it to the north. Other LEED-related innovations include the extensive use of permeable pavers in lieu of asphalt; drought resistant landscaping; and reflective, white rooftops with canopy shading. <br /><br />Parking is provided for up to364 vehicles.</p>
<p>Joining Conrad on the project team are general contractor G.S. S, Inc.; Kansas City, Mo.-based Treanor Architects, (which operates a branch office in Kirkwood,&nbsp; Mo.); civil engineer CEDC Civil Engineering; and, green building consultant E2 Solutions, Inc. <br /><br />Casey Urkevich and Joseph Hill of Chesterfield, Mo.-based commercial real estate broker Block Hawley represent Millwell Green. <br />&nbsp;</p>";s:10:"category_0";s:2:"20";}