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April 30, 2014The Governor’s Office of Energy (GOE) awarded One Queensridge Place a property tax incentive for introducing energy and water savings measures for its luxury condominiums in Las Vegas, Nevada.
One Queensridge Place, a master planned community built in 2007, received the incentive after meeting the “Gold” level standard of the Leadership in Energy and Environmental Design (LEED) program. This prestigious rating system is awarded by the U.S. Green Building Council for the design, construction, operation, and maintenance of green buildings.
“This incentive continues to encourage developers to make their buildings more efficient,” said Paul Thomsen, GOE’s Director. “Project successes like this one confirm Nevada’s commitment to efficient construction and design.”
To achieve Gold certification, One Queensridge Place analyzed energy consumption in its main condominium towers, guest houses, and an underground parking garage. These measures placed the facility in the top 14% of comparable energy efficiency buildings and earned One Queensridge Place a 30% tax incentive for 10 years.
“We were extremely pleased to have received this certification,” said Richard Govitz, One Queensridge Place General Manger. “Being the first residential condominium in the State of Nevada and possibly the U.S., we are setting a new standard in high-rise living in both Nevada and the country. Even after receiving the Gold certification, we strive daily to find more and different ways to sustain a green and energy efficient environment here at One Queensridge Place.”
The decision to approve the incentive highlights GOE’s ability to facilitate cooperation among stakeholders, lead initiatives to stimulate economic development, and attract energy related business ventures that include site development, energy education, and retrofitting.
About the Governor’s Office of Energy
The mission of the Governor's Office of Energy (GOE) is to ensure the wise development of Nevada's energy resources in harmony with local economic needs and to position Nevada to lead the nation in renewable energy production, energy efficiency, conservation, and the exportation of energy. GOE implements the laws of the State as defined in Nevada Revised Statutes 701 and 701A; manages energy-related programs; facilitates cooperation between key stakeholders; advises the Governor on energy policy; and collaborates with our local, regional, and federal partners to ensure a reliable and sustainable energy system. For more information about GOE, please visit www.energy.nv.gov.
About One Queensridge Place
Situated in the master planned community of Queensridge, One Queensridge Place is in close proximity to excellent shopping, restaurants, entertainment, schools, hospitals, parks, and libraries. It is adjacent to Tivoli Village and Badlands Golf Course and near Red Rock Mountains, The Las Vegas strip, world class dining, shopping and entertainment. For more information about One Queensridge Place, please visit www.oneqrp.com.