On Thursday, Stone House Development's newly built City Row Apartments in Madison will be announced as the first Energy Star-qualified multifamily high-rise building in Wisconsin, and only the 17th in the nation.
Tours of the $15 million, 83-unit, refurbished three-building complex at 602-626 East Johnson Street will start immediately after an 11:30 a.m. ribbon-cutting ceremony featuring remarks by Ted Leopkey, the Environmental Protection Agency's Energy Star representative.
Also on hand will be Mike Plunkett, program manager for Focus on Energy, which is Wisconsin's statewide program for energy efficiency and renewable energy, and Rich Arnesen, vice president of Madison-based Stone House Development.
The developer incorporated many energy-efficient components into the Near East Side apartment project to earn the Energy Star designation, with the help of Focus on Energy. The tours from about noon to 1 p.m. Thursday will highlight those features, including:
- High-efficiency heating and cooling equipment.
- Energy-efficient lighting systems.
- Solar electric and solar hot-water systems.
In Oct. 2009, Stone House Development received a $2.39 million loan to help build City Row Apartments from $102 million in federal stimulus funds that was set aside for affordable housing developments throughout the state.
Stone House was started in 1996 by Helen Bradbury and Arnesen, both formerly of The Alexander Co. It has become an expert in the use of federal Section 42 tax credits for low-cost housing.
Thanks to Focus on Energy for the heads-up on this announcement.