North Hills Buzz » Duke Realty

Kane, Duke Realty Want to Go Green with LEED Certification for Captrust Tower

Jason Peck — Thu, 09 Oct 2008 20:05:10 +0000

Today, Duke Realty and Kane Realty announced that they are working to make Captrust Tower at North Hills the first speculative office building in Raleigh to go green – a.ka. achieve the Leadership in Energy and Environmental Design (LEED) Silver certification for New Construction by the U.S. Green Building Council (USGBC).

They’re aiming for Silver certification, which is the third highest in LEED’s scale of greenness, after Platinum and Gold, but higher than Certified. To put things into perspective, there are only about 100 buildings in the world that have achieved Platinum certification, according to the News & Observer. Kane and Duke expect Captrust Tower to earn this certification based on features such as:

Energy management, including high-efficiency heating, ventilation and air-conditioning systems. A new Web-based project management system will enable online monitoring, adjustment of temperature controls and demand control ventilation.
A construction waste management program with a goal to divert more than 75% of waste from the landfill.
Water efficient plumbing fixtures.
Use of regionally manufactured and recycled materials
Use of only certified wood products recognized by the Forest Stewardship Council.
Specifying low-VOC (volatile organic compounds) emitting construction materials to improve indoor air quality and occupant health.
Access to mass transit and preferred parking for fuel efficient vehicles.
Highly reflective roof surfaces for a reduction in heat island effect caused by development.

This is good press for Kane Realty, Duke Realty and North Hills/Midtown Raleigh, and it’s a good thing to do. It’s also nice that they’re spending more money and doing this in a time when many companies are pinching pennies and cutting costs due to the state of the economy.

After breaking ground in March 2008, construction on the Captrust Tower is well underway. The foundation concrete has been poured and crews are working on the building superstructure. The building is scheduled to open in fall 2009 and will be the tallest building on the I-440 beltline.

In addition to 300,000 square feet of Class A office space, the first floor will feature 28,000 square feet of restaurants and retail, including an upscale restaurant.

CAPTRUST Tower Groundbreaking

Jason Peck — Fri, 14 Mar 2008 14:19:32 +0000

In case you missed it, the official groundbreaking ceremony for CAPTRUST Tower at North Hills took place on Tuesday. Over 200 people came to see Kane Realty, Duke Realty, CAPTRUST Financial Advisors and local officials broke ground on the 17-story mixed use development, which will offer 300,000 square feet of premium rentable office and retail space when it opens in fall 2009.

Key speakers at the event included:

John Kane, CEO, Kane Realty Corp.
Denny Oklak, CEO, Duke Realty
The Honorable Charles Meeker, Mayor or Raleigh
Harvey Schmitt, president, Greater Raleigh Chamber of Commerce
Jeff Sheehan, senior vice president of Raleigh operations, Duke Realty Corporation

While we weren’t able to attend due to conflicting plans, please see below for a great picture of the groundbreaking:

From left: Jeff Sheehan, Duke Realty senior vice president of Raleigh operations; Andrew Kelton, Duke Realty executive vice president – East Region; J. Fielding Miller, CAPTRUST Financial Advisors founder and CEO; Denny Oklak, Duke Realty CEO; John Kane, Kane Realty chairman and CEO; Mike Smith, Kane Realty president and COO; Harvey Schmitt, Greater Raleigh Chamber of Commerce president and CEO; The Honorable Charles Meeker, mayor of Raleigh; Joe Bryan, chairman of the Wake County Board of Commissioners.

Quick Facts about Captrust Tower at North Hills

Jason Peck — Fri, 08 Feb 2008 01:27:59 +0000

In late January, Duke Realty Corp. began construction on what will be a 17-story mixed-use office building. Kane Realty will help Duke Realty develop the building. Here are a few facts about the building, which will be called Captrust Tower at North Hills.

Total size = 302,400 square feet

274,000 square feet for office space
28,400 square feet of rental space

Scheduled to open in mid-2009

First tenant = Captrust Financial Advisors (and the building will be named after them)

Other Tenants

Ogletree, Deakins, Nas, Smoak & Stewart, PC – law firm
CB Richard Ellis – commercial real estate brokerage firm

We have asked Duke Realty for an image of Captrust Tower and will post this as soon as we hear back from them.