News: Owners Developers & Managers

SmartBear HQ in Somerville, MA now powered by 100% renewable energy

Somerville, MA SmartBear is going green at its headquarters. Accoridng to the company, 100% of the electricity in its headquarters office in Assembly Row is coming from renewable energy sources like wind, solar, and hydro, thanks to the Somerville Community Choice Electricity (CCE) program. This change to green power in the city will give the company a huge jump toward its sustainability goals. 

“Throughout Assembly Row, we continuously look for ways to be more sustainable, and we applaud SmartBear for being our first office tenant to go 100% renewable electric at 450 Artisan Way, which is a LEED Gold building,” said David Middleton, vice president - general manager for Assembly Row and owner of Federal Realty. “This joins our initiatives around solar and thermal power, increasing access to public transit and supporting the continued clean-up of the Mystic River to help support our environment and the community we serve.” 

From CEO Frank Roe to the executive team to employees globally, SmartBear is committed to sustainability through a dedicated Environmental, Social, and Governance (ESG) program and climate commitment. SmartBear has been delivering on several ESG goals in the areas of community, sustainability, governance, and diversity since launching the program in early 2022. The local SmartBear location is a LEED Gold building, demonstrating green building practices and minimizing energy usage. The company also eliminated single-use plastics. Employees volunteer each year for Earth Day to clean up litter at Draw Seven State Park along the Mystic River adjacent to the offices. 

“At SmartBear, sustainability is not just a buzzword; it’s a commitment from all of us around the world,” said Roe. “Our thanks to the Somerville CCE program as we take this important step toward more environmental responsibility at our headquarters office. We look forward to even more ESG initiatives in the coming year.” 

Since 2019, SmartBear has measured its annual greenhouse gas emissions, and through the Vista Climate Pledge, committed to annually measure, offset, and set reduction targets for carbon emissions. 

The Somerville CCE program provides new electricity supply options and more renewable energy to Somerville residents and businesses. With Somerville CCE, Eversource continues to deliver electricity and manage all electricity billing, but customers may opt into renewable energy plans that reduce their contribution to climate change.

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and