Sustainable Living Innovations Announces Installation of First Manufactured Panels at 303 Battery, Key Milestone in Construction of World’s Most Sustainable High-Rise Apartment Building

Rhea-AI Summary

Sustainable Living Innovations (SLI) has commenced installation of high-performance building panels for 303 Battery, the world's first net zero energy high-rise in Seattle. This 15-story building will feature 112 apartments, with 27 designated as affordable housing. Utilizing patented technology, SLI’s construction method enhances energy efficiency and speeds up the building process. 303 Battery is set to meet the International Living Future Institute’s stringent net zero energy requirements and is scheduled for completion in summer 2022. The project has been pre-sold to Equity Residential (EQR).

Positive

• 303 Battery will be the world's first multifamily tower to meet net zero energy requirements.
• 27 out of 112 apartments are designated as affordable housing.
• Innovative construction method promises faster build times and enhanced energy efficiency.
• The project has been pre-sold to Equity Residential, ensuring financial backing.

Negative

• None.

303 Battery, the world’s first net zero energy high-rise apartment building, will also supply affordable housing for Seattle community

SEATTLE--(BUSINESS WIRE)-- Today Sustainable Living Innovations (SLI) announced that it has begun installing the high-performance building panels that will make up the 15-story building under construction in Seattle’s Belltown neighborhood. SLI broke ground on 303 Battery in June. When complete, 27 of the 112 total apartments will be designated as affordable.

SLI’s patent-protected technology platform is a new way to build, using wall and floor panels that are manufactured with electrical wiring, plumbing, mechanical, fire safety and network systems equipment pre-installed. By designing and manufacturing buildings like cars and airplanes, SLI’s high-rise buildings go up faster and are more energy-efficient than conventional buildings.

“This is an important milestone for sustainability, for our company, our employees, our investors and so many others who have supported us,” said Arlan Collins, CEO of SLI. “The manufacture and installation of panels is the culmination of many hard years of effort.”

303 Battery will be the world’s first multifamily tower to meet the stringent net zero energy requirements set by the International Living Future Institute’s Living Building Challenge program, the same organization that certified Seattle’s Bullitt Center. Features include solar on the building’s roof, exterior walls and balconies in each unit, greywater and waste heat recovery systems, ultra-efficient hydronic heating and cooling systems, regenerative elevator motors, distributed DC power systems, and SLI’s advanced network systems and data management platform to ensure optimal building operations.

With 303 Battery’s sub-basement and foundation complete, the building’s approximately 900 panels that were manufactured in SLI’s Tacoma facility are being assembled on site. Ten primary panel types will be used in the construction of 303 Battery, with panels for walls, floors and ceilings of each room - living room, kitchen, bedroom, bathroom -- and specialized elevator panels.

303 Battery will be complete in summer 2022 and has been pre-sold to Equity Residential (NYSE: EQR). Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets.

About Sustainable Living Innovations

Sustainable Living Innovations (SLI) is a building technology and product development company that is disrupting the world’s largest addressable market by reimagining how buildings are designed, built, and operated. The company is revolutionizing the built environment by producing technology-enabled finished buildings that exceed the world’s most stringent sustainability standards and also help solve the affordable housing crisis. SLI designs, develops, and manufactures complete technology-enabled buildings using proprietary, high-performance building panels complete with integrated mechanical, electrical, plumbing, fire safety and network systems infrastructure. SLI’s finished buildings are more sustainable, as well as faster to design and complete versus conventional buildings. The company employs more than 80 people with offices in Seattle and Denver and operates a showroom in Seattle and a manufacturing facility in Tacoma, Washington.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211019005892/en/

Suzette Riley, sriley@cplusc.com; 206-409-1960

 

Source: Sustainable Living Innovations

FAQ

What is 303 Battery?

303 Battery is the world's first net zero energy high-rise apartment building located in Seattle.

Who developed 303 Battery?

Sustainable Living Innovations (SLI) developed 303 Battery.

When will 303 Battery be completed?

303 Battery is expected to be completed in summer 2022.

How many affordable apartments will be in 303 Battery?

There will be 27 affordable apartments out of 112 total units in 303 Battery.

What company has pre-purchased 303 Battery?

303 Battery has been pre-sold to Equity Residential (NYSE: EQR).