As published in the Providence Journal on January 13th, Residential Properties announced the sale of the Wolcott Eco Office. The article and link are below.
PROVIDENCE, R.I. -- Markham + DeRentis Associates of Residential Properties Ltd. on Monday announced the sale of the the award-winning Wolcott Eco Office at 28 Wolcott St. for $650,000.
The buyer was TRAC Builders, Inc. and the seller was John Tabor Jacobson. The sale closed in early December.
Originally constructed in 1890 as a jewelry factory, the building became an electronics supply warehouse in 1941 and was purchased by Jacobson's JTJ Investments in 2006.
Under Jacobson, the 7,472-square-foot structure underwent a full gut rehab for solar energy company Alteris Renewables before emerging as Rhode Island's first "net zero" commercial building. (Alteris Renewables was acquired by a Colorado-based solar energy company in 2011).
To be considered "net zero" a property must be fully sustainable, producing all of its energy from its own renewable sources. The new design allowed for the sun's rays to provide natural light throughout the day, while solar-thermal and photovoltaic-panels were installed for heating, cooling, hot water, and electricity.
In addition, JTJ used non-VOC paints and sealers, formaldehyde-free doors, recycled counters, and open cell foam insulation to create a green and well-insulated structure.
As a result of the project, JTJ Investments received the 2009 Senator John H. Chafee Conservation Leadership Award.