Joule
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CZERO A
ROOST DEVELOPMENT COMPANY
JOULE
PORTLAND, OR

ABOUT
Joule is a first-of-its-kind climate-positive, multifamily, infill project located at 4th & Olney in the midtown neighborhood of Bend, Oregon.When built, Joule will be the first large-scale, double net zero by-design project. As designed, the project is 100% carbon zero, has a negative carbon emissions intensity of -4.02 kilograms of carbon per square foot and achieves an 83% reduction in energy consumption over baseline code with an projected EUI of 6.73 kilowatt hours per square foot.

Further innnovations of the project included sustainably developed, financed, planned built and operated features such as human-centric design on density and providing high quality workforce housing for the community.

STATUS
PERFORMANCE TARGETS SET
LENDER REDUCED INTEREST RATE
FINALIZED ARCHITECTURAL PLANS
SUSTAINABILITY INFORMATION MODELED
CONSTRUCTION SPRING 2025

See it come to life czero czero.pro/joule

 

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ESG RE Factsheet

New Construction & Permanent Debt Fund

The ESG RE debt fund specifically aligns to developers, owners and operators of green buildings by pricing in the client’s sustainability commitment to and investment in their new developments and existing properties. We believe in your commitments, respect your achievements and look very forward to speaking with you about this sustainable debt financing.