|By PR Newswire||
|August 11, 2014 10:20 AM EDT||
DES MOINES, Iowa, Aug. 11, 2014 /PRNewswire-iReach/ -- An ambitious project spearheaded by Modus Engineering will not only breathe new life into a 105-year-old building, it will make it Iowa's first "Net- Zero" commercial building. "Net-Zero" means a property produces all of the energy it needs, and if there's over-production it can be sold back to the grid and paid by the utility company.
Market 1 is located in Des Moines' Market District and is uniquely challenging in terms of its size and scope. When the building was constructed in 1909, energy consumption was likely thought of in terms of the size of on-site coal storage and boiler volume required. The completed Market 1 will feature one of the largest photo voltaic arrays in the Midwest, geo-thermal heating and cooling, rooftop gardens, and design elements to create a building that is aesthetically-pleasing and highly-efficient while maintaining its historical character.
Harry Doyle, Mike Brocka, Justin Doyle and their team at Modus are no strangers to unique and challenging projects as their portfolio boasts a wide variety of complex, interesting, and historic buildings. Their work spans governmental, residential, commercial, and places of worship on sites across the country. Of the Market 1 plan, Harry Doyle states "We are at a time and a place where technology and desire are crossing paths. We've long wanted to do things like create energy-producing buildings, but the technology was an obstacle. Now it is our ally."
Lincoln Savings Bank (LSB), headquartered in Cedar Falls Iowa with branches in Clive, Adel, and one coming to Ankeny, is the primary bank partner on this $15 Million project. According to LSB's Des Moines Market head commercial lender Scott Jarvis, "LSB has been able to make a statement in the greater Des Moines area by aligning ourselves with big visions. We are passionate about the communities we serve, whether we've been there for one year or one hundred years. That passion comes through in a willingness and capacity to take the lead role. Lincoln Savings Bank, member FDIC. www.MyLSB.com
About Modus Engineering: Modus (formerly Gilmore + Doyle) is an Iowa-based firm specializing in the design of sustainable and high performance buildings. Founded in 1963, today Modus is managed by three partners: Harry Doyle, Mike Brocka, and Justin Doyle. www.modus-eng.com
Media Contact: Mike McCrary, Lincoln Savings Bank, 319-988-3630, [email protected]
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SOURCE Lincoln Savings Bank
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