Showpiece for Environmental Innovation to Open

Portland, MAINE (June 09, 2010) – Gov. John Baldacci and other community leaders will come together later this week to officially open Crescent Heights, a student housing complex that is one of the most environmentally sensitive commercial structures in Maine and a leading example of how a variety of community needs can be met by one project.

What: Crescent Heights Ribbon Cutting

When: June 17, 2010, 12:00 p.m. to 2:00 p.m.

Where: Crescent Heights Housing Complex, 25 Crescent St., Portland

The opening ceremony will feature tours of the facility, with its Maine-focused interior and stunning views from balconies that overlook the city, White Mountains and Back Cove; lunch refreshments and comments about the innovative project from Kevin Bunker of Developers Collaborative, the project owner; Naomi Mermin, Advocacy /Social Equity Committee Chair from the Maine Chapter of the U.S. Green Building Council; City Councilor David Marshall; Portland Mayor Nicolas Mavodones, and Governor Baldacci.

Schedule

12:00 pm – 1:15pm: Facility tours and Lunch served in Room G01

1:15pm – 1:30pm Gather outside for remarks and ceremony

1:30pm – 2:00pm: Speeches and Ribbon Cutting

The apartment complex was constructed by Portland-based Developers Collaborative and is expected to be certified at the Platinum —or highest – level for Leadership in Energy and Environmental Design (LEED), a program developed by the U.S. Green Building Council. It uses 43 percent less energy and 30 percent less water than a typical apartment building.

Built on a steep incline on an underutilized lot in Portland’s West End, the building’s 11 suites will help keep area rents affordable, while providing housing for medical students who will be working at a nearby hospital. This provides support for a program that adds to our health care infrastructure and helps train the next generation of physicians.

About Developers Collaborative

Portland-based Developers Collaborative is an association of allied real-estate developers who produce state-of-the-art buildings that contribute to host communities by meeting specific local needs. Developers Collaborative can be reached at (207) 772-7673, info@developerscollaborative.com or on the web at www.developerscollaborative.com.

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