REAL ESTATE

Mosaic receives LEED-ND silver certification

BY CSA STAFF

Washington, D.C. — Columbia, S.C.-based Edens & Avant said Tuesday that its mixed-use development Mosaic, located in Washington, D.C., has achieved Silver Certification as a LEED (Leadership in Energy and Environmental Design) for Neighborhood Development Plan.

One of 239 pilot projects selected by the U.S. Green Building Council in 2007, the 31-acre Mosaic is paving the way as a model for creating sustainable neighborhoods. The development will create a new center for the community in the heart of Fairfax County. An infill development on the site of a former multiplex theater, Mosaic is planned to include over 400,000 sq. ft. of retail; 1,000 residential units; 65,000 sq. ft. of office; two parks; two boutique hotels; and an eight-screen art-house cinema.

The first phase of the project is currently under construction and is scheduled to open fall 2012.

“Every detail of Mosaic has been carefully considered from master-planning through the recycling of construction materials,” said Bill Caldwell, managing director for Edens & Avant. “Our development goal of creating a unique community with an active street life that combines retail, entertainment, residential, office, hotel and parks space, will be realized through the application of LEED-ND principles."

Sustainable features include a 20,000-sq.-ft. green roof, electric car charging stations and advanced stormwater management systems. Alternative forms of transportation are encouraged throughout the plan — the site is within walking distance to Metro, accommodates bicycle commuters, and the center will have a shuttle service to public transportation.

As a pilot project for LEED-ND, Mosaic’s development team was selected to participate in a smaller focus group of 60 projects to help create the new rating system, which was officially released in 2009. Designed by the U.S. Green Building Council, Congress for the New Urbanism, and Natural Resources Defense Council, the LEED for Neighborhood Development rating system evaluates the design and construction elements that bring buildings together into a neighborhood, and relates that neighborhood to its larger region and landscape, such as site selection and urban design.

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News

Amazon, Walmart top Brand Keys’ Cyber Monday list of most-visited sites

BY CSA STAFF

New York City – According to the Brand Keys Holiday Survey, released Tuesday, Amazon topped the marketing research consultancy’s list of the top 10 retailers based on customer visits.

Walmart and Apple tied for second, followed by Target, Zappos, Best Buy and Dell, Kohls, Overstock and QVC, Lands End and L.L. Bean, J.C. Penney, and Macy’s.

"We’re predicting a 3% increase in holiday sales this year, and whether bricks or clicks, real and virtual cash registers are ringing more this holiday season, which should give retailers something to really celebrate," said Robert Pasikoff, president of Brand Keys.

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OPERATIONS

Intuit report: Small business employment edges up in November

BY CSA STAFF

Mountain View, Calif. – A report released Tuesday by Intuit Inc. found that small business employment continued to show growth in November, although wages were down and hours worked remained flat.

According to Intuit’s Small Business Employment Index, small business employment grew by 0.24% in November, equating to an annual rate of about 3%. This translates to approximately 49,000 new jobs created nationwide. The Index is based on figures from the country’s smallest businesses that use Intuit Online Payroll.

“The recovery that began late last summer for small businesses is still underway,” said Susan Woodward, the economist who worked with Intuit to create the Index. “While employment at the national level for all businesses is barely rising, small businesses are showing a more robust increase. This is in line with what we’ve seen with past recessions — small businesses are the first to hire when recovery begins.”

Total compensation per employee fell in November while hours worked were flat, compared to October. Average monthly pay for all small business employees was $2,592 per month in November, a 0.3% decline from the revised October figure of $2,600 per month. This translates to wages of about $31,100 per year, which is part-time work for many small business employees. Small business hourly employees worked an average of 105.9 hours in November, translating to a 24.4-hour work week. Hours worked remained flat for November following a sharp rise in hours worked in October.

Arizona, Massachusetts,New Jersey and Virginia all experienced the strongest increases in employment.

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