Best practices for Electric Vehicle (EV) charging in a multifamily building
As the EV market continues to gain momentum, the need for EV charging capacity will only increase. All multifamily buildings will need to consider how to provide the charging infrastructure needed to fulfill this demand and create a more sustainable future. The high cost of development leaves most developers and owners budget constrained; this is why it becomes imperative to provide the most responsive charging system. This piece will consider the practical realities of what an EV driver desires and needs from a charging system and offer solutions for the most cost-effective way to deliver the most expansive system possible. You’ll learn that it is imperative for a developer to plan for charging capacity from the utility for 20-30% of the parking spaces with L2 type stations. (that is only for capacity. Actual deployment of stations is better served with a mix of L1s and L2 stations.) This will set up developments to maximize tenant satisfaction and charging capacity in the future.

The EV driver and their wants and needs
What does an EV owner and resident of a multifamily building want in terms of charging capacity, and how does this compare to what they need? Sure, we’ve seen the stations with a credit card reader that give a relatively quick charge, but are these types of stations the right ongoing solution for an EV driver living in a multifamily building? The reality is that these pay stations are best suited for someone in a bind who needs an emergency charge of their vehicle. Most often an EV driver needs a dedicated charging station located where they park frequently for long periods of time. This means that residents of a multifamily building are best served by a dedicated parking space and charger. It’s that simple. All the other chargers serve as backups or sources needed for taking longer trips.

Congratulations 2022 NAIOPWA Night of the Stars Winners!

John Pietromonaco inducted into NAIOPWA Hall of Fame  

Presented on Friday night at the NAIOPWA 2022 Night of the Stars Gala, the awards honored an impressive slate of commercial real estate projects that serve the community with innovations in retail, office, industrial and multi-family development.

The projects, and the developers who engaged them, demonstrate the flexibility and ingenuity of the CRE community throughout the COVID-19 pandemic. Additionally, NAIOPWA’s 2022 Night of the Stars finalists highlight the growth in transit-oriented development (TOD), multi-family housing from high-rise urban to supportive housing, and various programs that encourage development in underutilized regions such as Opportunity Zone funding.

2021 NAIOPWA Night of the Stars Winners Announced
Winners highlight creative approaches to land use, community support and more

SEATTLE – Presented on Friday night at the NAIOPWA 2021 Night of the Stars Gala, the awards honored an impressive slate of commercial real estate projects that serve the community with innovations in retail, office, industrial and multi-family development.

Did you notice that we skipped a week of reporting? Greg Hanon was busily attending sessions, advocating for legislation that supports the CRE industry. One example: this week, an amendment was added to the proposed capital gains tax that exempts real estate. The session is scheduled to end on Sunday, April 26. Click here to continue reading this post (login required). 

NAIOPWA's state lobbyist, Greg Hanon, sends weekly reports for NAIOPWA members during the legislative session. These include a brief overview of session activity and highlights of the most pertinent issues for our industry. Additionally, Greg includes a complete list of bills and hearings that inform how we do business in Washington State. You'll see a link to download that list at the end of each short weekly update. Member login is required to view the full update.

“This isn’t just about programming for us. This is about a group of people called to action on something we are very passionate about, and we felt we had no choice but to do something.” – Serena Sayani, Diversity and Inclusion Co-Chair

In the moments, days and weeks since the death of George Floyd, many of our members have felt a similar call to action. Leading this charge for our organization is the Diversity and Inclusion committee. They have put together two events: A Candid Discussion about Racial Barriers in Commercial Real Estate, on June 30, and, in partnership with the Programs Committee, our July breakfast on Race and Real Estate, on July 15. Both panels are intended to shed light on the intersections between race and real estate through discussion of the history of real estate laws across the country, and to spark thoughtful dialogue with industry leaders on how to make positive changes to alleviate racial inequities in our communities and the built environment.