A $29 million green parking garage

Think cars can't be clean? Check out the solar-powered car park designed by a Santa Monica architecture firm.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

green_garage.03.jpg
Photos
Selling green Selling green Selling green
In his new book The Plot to Save the Planet, Fortune Small Business editorial director Brian Dumaine chronicles how entrepreneurs are tapping into what could be the biggest economic opportunity of the 21st century: clean, money-saving technology.

(Fortune Small Business) -- Moore Ruble Yudell Architects, a 65-employee firm in Santa Monica, has been designing sustainable buildings for more than two decades. The company markets its green expertise to secure high-profile projects around the world, including the new U.S. embassy in Berlin and a planned consulate in Taipei.

A more local project is an environmentally friendly parking structure for the Santa Monica Civic Center. To build the LEED-certified car park, the designers used recycled steel and concrete from a bonding mixture that required less energy than cement. Reflective glass panels decorate the structure, maximizing natural light and reducing electricity consumption. Rooftop photovoltaic panels harness solar energy to generate one-third of the garage's electricity. And its water-recycling system channels nonsewage water to the sprinklers.

Those features weren't cheap: The $29 million pricetag for the car park is about $10 million more than those for comparable garages. Santa Monica estimates that its parking structure will be profitable within 15 years, generating revenue from 900 parking spaces and 9,000 square feet of retail space.  To top of page

To write a note to the editor about this article, click here.

Features
  • bird.04.jpg
    Smart entrepreneurs are now doing deals in 140 characters or less on Twitter. More
  • wolkar_drug_customer.04.jpg
    As more customers choose - or are forced - to fill prescriptions by mail, independent pharmacies are struggling to survive.  More
  • michael_bajorek.04.jpg
    A Texas hospitality company considers where to invest and where to cut back to weather the recession.  More
  • ccolsen_cold_one.04.jpg
    How 7 innovative companies are inspiring workers and boosting the bottom line. More
  • sweating.04.jpg
    42 startups duked it out in the world's most lucrative business plan competition. We trailed one team to the bitter end.  More
  • rob_pyles.04.jpg
    The Emerging 200 program aims to boost job growth by training inner-city entrepreneurs to expand their companies. More
  • bargain_bros.04.jpg
    These resellers of DVDs, CDs and books make millions from the media industry's leftovers.  More
Questions & Answers



What steps do I take in order to make a big jump in the iPhone application industry? I have found an app designer. I know the basics, but is there any other information other than what's given on Apple's Web site? More

Sponsors
More Galleries
Sparks still fly in a recession Never mind the headlines -- for some fireworks companies, there's no slump. More
BlackBerrys to Bing: Where tech is headed next Tech competition is heating up: Google vs. Microsoft! Microsoft vs. Apple! Apple vs. Palm! Here's how the second half of '09 is shaping up. More
Cool gadgetry for your car Your car may not be new, but its gizmos can be - for as little as a few hundred bucks. More

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.