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Summerlin Achieves LEED Precertification for Sustainability

Summerlin Achieves LEED Precertification for Sustainability

Summerlin Achieves LEED Precertification

LAS VEGAS — Howard Hughes Holdings Inc. (NYSE: HHH) has proudly announced that its renowned community, Summerlin, has received LEED precertification from the U.S. Green Building Council (USGBC). This makes Summerlin the first master-planned community in Nevada to earn this prestigious recognition. By achieving this milestone, Summerlin joins a select group of communities worldwide that are acknowledged by the USGBC for their commitment to creating healthy, resilient, inclusive, and sustainable living environments. With this latest achievement, Howard Hughes now holds one of the largest portfolios of LEED precertified or certified communities in the United States, encompassing over 62,000 acres.

Commitment to Sustainable Development

“Achieving LEED precertification for Summerlin—a vibrant community with more than 127,000 residents—shows Howard Hughes' unwavering commitment to sustainable development,” stated David O’Reilly, the Chief Executive Officer of Howard Hughes. “Recognized nationally for our leadership in water conservation, Summerlin has seen the addition of over 7,300 new homes and 500,000 square feet of office space, all while keeping water consumption steady during this growth.”

Innovative Environmental Strategies

Summerlin has a long-standing tradition of implementing innovative environmental strategies that have contributed to its LEED recognition. Notably, it was the first community in the Las Vegas Valley to adopt stringent Water Smart conservation guidelines, resulting in the annual saving of millions of gallons of water.

Impressive Carbon Footprint

The community boasts an impressive carbon footprint of just 3.3 metric tonnes per person each year, which is 78% lower than the national average. A key factor in this achievement is that the average commute for Summerlin residents is under 10 minutes. Additionally, residents generate 62% less waste compared to the national average, based on previous data.

LEED Certification and Community Impact

“By securing LEED for Communities precertification, Howard Hughes has established a strong foundation for reaching its ambitious sustainability objectives for Summerlin,” remarked Peter Templeton, CEO of USGBC. This accomplishment highlights the ongoing commitment to responsible development and builds on the community's previous certifications for office and multifamily properties.

Expanding Community Amenities

Summerlin has set aside thousands of acres for parks, trails, and open spaces, providing more amenities than any other community in Nevada—making it the top-selling community in the state. Once fully developed, Summerlin will be home to over 200,000 residents.

About Howard Hughes Holdings Inc.

Howard Hughes Holdings Inc. specializes in owning, managing, and developing commercial, residential, and mixed-use real estate across the United States. Its award-winning portfolio includes a variety of master-planned communities that emphasize innovative placemaking and design excellence.

Contact Information

For further details, please reach out to: Howard Hughes Holdings Inc.
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com

Investor Relations Contact:
Howard Hughes Holdings Inc.
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com

Frequently Asked Questions

What is Summerlin's recent achievement?

Summerlin has achieved LEED precertification from the U.S. Green Building Council, becoming Nevada’s first master-planned community to do so.

What does LEED precertification indicate?

LEED precertification signifies that Summerlin meets rigorous standards for sustainability and environmental impact prior to receiving final certification.

How is Summerlin addressing water conservation?

Summerlin has implemented strict Water Smart conservation guidelines, saving approximately 35 million gallons of water annually.

What is the average carbon footprint of Summerlin residents?

Summerlin residents have a carbon footprint of only 3.3 metric tonnes per person per year, which is significantly lower than the national average.

What amenities does Summerlin offer?

Summerlin features over 300 parks, more than 200 miles of trails, schools, shopping centers, and various recreational facilities, making it a well-rounded community.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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