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BDG.

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BLUMENFELD DEVELOPMENT GROUP

BDG says sustainability is becoming


a major focus for the company.

suburban experience as possible was company says. “Whether it’s choosing financially supporting a host of local
important for attracting big-box retail- the right local team to navigate through causes. In doing so, BDG helps build bet-
ers to the project. the approval process, or ensuring the ter communities.”
highest quality work at competitive local Even though the company excels at creat-
Greener Pastures costs, BDG’s regional market acumen is ing new developments from the ground up,
Sustainability has become a huge focus without equal. BDG says it has also found success dealing
for the construction industry, and BDG is with existing properties. “While some of
bringing those principles to bear on many BDG’s most prosperous ventures have been
of its projects, especially on Tanger Outlet
Center. The project is seeking LEED silver
certification, and incorporates recycled steel
“OF[OUR] KNOWLEDGE
THE NEW YORK
in new development, the company has a
found a special niche in the redevelopment
field,” the company says. “Throughout its
and other recycled materials, a high-effi- METROPOLITAN MAR- history BDG has focused on distressed
ciency HVAC system, PVC roofing materi- KET PRESENTS [US properties that can be repositioned, remar-
WITH] ADVANTAGES.

als and low-VOC paints and caulking. keted and through innovative manage-
Additionally, the project includes fixtures ment, become financially successful.
that reduce water usage, such as automatic “The firm has developed strong rela- “A prime example of this was the rede-
toilets and sinks. More than 50 percent of tionships not only with tenants, but with velopment of Bulova Watch Corporation’s
the construction waste on the project was local politicians, environmental agencies, manufacturing plant in Queens, New York.
recycled, and the company points out that professionals and resident groups as At a cost of more than $100 million, the 35-
the property itself was a recovered brown- well,” it continues. “This philosophy, that year-old art deco industrial building
field site. developers need strong ties to the com- was converted into a modern, 450,000-
munities in which they develop, is at the square-foot office facility anchored by the
Strong Capabilities core of BDG’s code of ethics. BDG regu- corporate headquarters of British Airways.”
BDG says one of the biggest advantages larly invests in local communities by The company says it thrives by being
it has over other developers is its experi- redeveloping environmentally contami- thoroughly in touch with the needs of its
ence. “BDG’s intimate knowledge of the nated lands into viable projects, increas- clients. “By working closely with architects,
New York Metropolitan market presents ing choice and lowering costs in histori- engineers, designers and contractors, BDG
the firm with distinct advantages,” the cally disadvantaged neighborhoods, and plans and executes the building of a project

26 ■ WWW.CONSTRUCTION-TODAY.COM ■ FEBRUARY 2009

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