"We started thinking about it and felt it was the right thing todo," Bill Cawley, chairman and CEO of the Dallas-based company,tells GlobeSt.com. "We're taking a stand and will create projectsthat are as environmentally friendly as possible." In addition to190 Wilcox Center at 3033 Texas 190, the developer is planning toscrape a 284-roomhotel in Fort Worth and rebuild with a "green" officebuilding. Cawley also plans to pursue cost-effective,environmentally friendly reforms for the rest of its 14-property,3.5-million-sf portfolio in five states. He says the goal is toachieve LEED Platinum status, if possible.
Cawley says the team initially believed LEED construction wouldadd 8% to 12% to 190 Wilcox Center's cost. "And, we're finding it'smore like 2% to 3%. I think in a couple more buildings, it will becost neutral," he says.
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