MIAMI, May 24, 2021 / PRNewswire / – Swire Properties Inc, a South Florida international promoter of urban real estate, continues to lead an ambitious business climate action through its SD Strategy 2030 to achieve the goal of becoming the world leader in sustainable development in the industry by 2030.
The strategy is based on five pillars – places, people, partners, performance (economic) and performance (environment) – which underpin the activities of the company. Swire Properties Inc adopted the Science Based Targets (“SBTi”) initiative in 2019, establishing a long-term decarbonization trajectory for its portfolios around the world, in accordance with the Paris Agreement. The publication of the SD 2030 Development Report published in April 2021 provides transparency to stakeholders on the progress made and demonstrates Swire’s commitment to operate in an environmentally, socially and economically responsible manner.
In Miami, Swire Properties has partnered with entities such as The Underline, Moffatt & Nichol, The Lotus House and Overtown Youth Center respectively to take environmental action, educate and inspire a more sustainable lifestyle throughout South Florida.
“Creative transformation through sustainable initiatives is at the heart of Swire’s corporate philosophy and corporate culture,” said Kieran bowers, president of Swire Properties. “Miami has been our base in the United States for over 40 years, and our goal of being the global sustainability leader in our industry by 2030 applies equally to all geographies in which we invest. Creating places with sustainability at the forefront of our thinking will bring positive long-term value results for stakeholders today and for future generations. “
Notable accolades from Swire Properties Inc. include its listing in two major global sustainability indices – Dow Jones Sustainability World Index (DJSI World) and Global Real Estate Sustainability Benchmark (GRESB). The developer’s first mixed-use project in Miami, Florida, Brickell Town Center, received the LEED Gold award for neighborhood development, the highest distinction of LEED certification. The company continues to take the following actions Miami-targeted initiatives:
Promoting an urban lifestyle with The Underline
Swire’s $ 1.05 billion The mixed-use and “city within a city” development, Brickell City Center, continued to catalyze the neighborhood, fostering an urban lifestyle for residents, workers and tourists who prefer walking and an active lifestyle. With a common philosophy to revitalize public urban spaces, Swire joined the team at The Underline, who noticed a demand for more mobility opportunities and underutilized land below. Miami Metrorail near the Brickell City Center neighborhood. To date, Swire has committed a total of $ 1.1 million to the organization and continues to be a major sponsor of this transformation project.
In February 2021, the first section of the park, “Brickell Backyard,” officially opened with over 30,000 native plants and trees, art installations, a sound stage, outdoor gym, meeting and catering tables and gathering spaces. As an advocate for the project, Swire sponsors the ‘Flex Court’, a flexible outdoor space for recreational activities, and maintains an ongoing partnership with the organization, hosting annual programming that will ensure the ability to serve underserved youth communities. and promote well-being. motivated and sustainable lifestyle. This additional programming will include grants up to $ 15,000 annually.
Taking action to preserve Miami’s coastline
In January 2021, concluding a three-year exercise, the United States Army Corps of Engineers proposed a plan to protect Biscayne Bay and downtown from storm surges and sea level rise. to engineering criteria, the solution risked compromising the functionality of the waterfront.
Swire engaged the engineering company Moffatt & Nichol to come up with an alternative solution and design a long-term environmental solution that protects and enhances Miami urban coastline. Officially presented in February 2021, the plan envisions a series of barriers to dissipate wave energy, including a combination of submerged oyster reefs and earthen berms in the bay. The result, which also meets engineering criteria, provided a platform for municipalities to discuss viable nature-based solutions as an alternative to physical barriers.
In February 2021, Swire has joined Miami Dade County “BE305 Challenge”, an initiative to reduce energy and water consumption by at least 20% in participating buildings Miami-Dade County by 2026. The company has entered fully downtown Brickell, including the Reach and Rise residential towers, the EAST Miami hotel, and the TWO and THREE BCC office towers. Significant changes have already taken place including replacing all lights in the retail parking garage with LED lighting, reducing usage by 327% per year. LED lighting replacements will continue in the residential parking garage as well as in common areas throughout the complex. Further improvements to the green roof irrigation system, as well as landscaping, have already reduced water and energy use, as the company continues to implement additional methods to help save money. similar. New implementations that contribute to the BE305 Challenge complement the many sustainable elements already in place at BCC, such as having 116 charging stations for electric vehicles on site (23 Tesla, 86 Blink and 7 Lucid) as well as its architectural gem, the CLIMATE RIBBON ™, which spans 150,000 square feet and serves several purposes such as protecting visitors from rain and sunlight, creating airflow to optimize temperatures and collecting rainwater for reuse.
PLANT: A change of mentality within our community
During Earth Month at April 2021, Swire Properties launched PLANT (People, Lifestyle and Nature Together), an initiative that included a series of ongoing educational and interactive activations that inspire environmental action and a more sustainable lifestyle. PLANT included on-site events in downtown Brickell, such as a clothing drive, “Pop-Ins” showcasing ethical brands and other themed activities. All fees collected for “Pop-Ins” will be donated to One Tree Planted, a non-profit organization focused on global reforestation. With $ 1.00 per tree, a total of 10,500 trees will be planted through this initiative. The clothing drive collected a ton of clothing and textiles, which were donated to three organizations: Dress for Success, Suited for Success and American Textile Recycle Service. This effort is equivalent to the reduction of approximately 6,000 to 8,000 pounds of CO2 and greenhouse gases. The company will continue PLANT throughout the year by partnering with organizations focused on sustainable development that will have the opportunity to propose initiatives that will bring more awareness and educational tools to the local community. After evaluating and selecting proposals, Swire will partner with these organizations, bringing thought leadership, industry expertise, executive sponsorship, and pre-determined financial grants to bring these impactful projects and co-sponsored programs to life.
Embrace the community with “Home Grown”
To deepen its connection with the inhabitants of Miami, Swire Properties has launched “Home Grown” – an ongoing program in partnership with Miaminon-profit organizations and community leaders to expand their philanthropic scope South Florida. In partnership with The Lotus House, a foundation dedicated to improving the lives of women, youth and children experiencing homelessness, Swire Properties has launched ‘Home Grown at The Village’, a program aimed at instilling knowledge and empower the women of Lotus House through culinary learning opportunities led by Miami best culinary skills. Swire Properties has also partnered with Overtown Youth Center (OYC) to launch the ‘Gift a Connection’ to help underprivileged neighborhoods without internet access for the online education required during the pandemic. In the first quarter of 2021, Swire supported more than 40 families (180 people) in need with one year of fully paid Internet / Wi-Fi service. The developer will continue to work with OYC to support the next generation.
About Swire Properties Inc
Swire Properties Inc, headquartered at Miami since 1979, is one of the South Florida the main international developers of urban offices, hotels and condominiums. The developer of the plant is known for his $ 1 billion, development planned by the director of downtown Brickell and the Isle of Brickell Key in downtown Miami.The company is a wholly owned subsidiary of the publicly traded company Swire Properties Limited based in Hong Kong, which is widely recognized for its commitment to sustainability, featured in the Dow Jones Sustainability World Index For more information, visitwww.swireproperties.us.
SOURCE Newlink Corp.