The Paramount at South Market Awarded First LEED for Multifamily Midrise In New Orleans
March 30, 2015
The Paramount is helping to lead the charge for sustainable design and construction as the first luxury apartment community in Downtown New Orleans to be awarded LEED Silver Certification.

New Orleans, LA – The U.S. Green Building Council has granted Leadership in Energy and Environmental Design (LEED) Silver Certification for Multifamily Midrise to The Paramount in the South Market District, making it the first luxury apartment community to achieve such status in Downtown New Orleans. LEED Silver Certification is awarded to projects that meet extensive sustainable design and construction requirements.

LEED Silver Certification requires excellence in nine key areas: sustainable sites, water efficiency, energy and atmosphere, materials and resources, indoor environmental quality, location and linkages, awareness and education, innovation in design, and regional priority.

“We’re extremely proud of this accomplishment and how it benefits our residents and neighborhood,” said Chris Papamichael, Principal of The Domain Companies, The Paramount’s developers. “LEED Silver Certification means energy and cost savings for our residents, recognition for the Downtown New Orleans community, and a reduced impact to the environment. We hope to serve as a model for all construction projects in the area.”

Innovative green design features at The Paramount make the property 20 percent more energy efficient than other comparable buildings. These features include Energy Star lighting and appliances; water-conserving fixtures and appliances; innovative, high-efficiency HVAC systems; local heat island reduction measures; LED amenity space lighting; and landscaping that reduces water consumption. The Paramount’s environmentally-conscious features complement those in the neighboring Park building, which houses Zagster bike-sharing service, Enterprise CarShare (the first public car-sharing program in New Orleans), and electric car-charging stations.

More information about LEED Certification can be found at http://usgbc.org.

The Paramount at South Market is located at 611 O’Keefe Avenue and is now leasing for immediate occupancy. Rents start at $1,410 for a one-bedroom apartment and $2,395 for a two-bedroom. For more information about The Paramount and/or leasing apartments, visit www.paramountnola.com or call 504.324.7750.

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