U2 Malibu Project: Where Green Streets Have No Name

Posted By Jonathan A. Schein on Green Real Estate Daily

 U2’s David Evans, aka The Edge, and his partners plan to build five environmentally-friendly homes on an undeveloped 156-acre tract of land above Malibu Beach in the community of La Costa, which happens to be one of the most environmentally sensitive areas in Southern California.

These homes, averaging 10,500 square feet each, will apply for Leadership in Environmental and Energy Design (LEED) certification from the U.S. Green Buildings Council (USGBC), an 18,000-member organization that deems itself a “nonprofit community of leaders working to make green buildings available to everyone within a generation.”

LEED and other designations are part of a forward-thinking progression in real estate awareness, which have taken nearly a generation to be taken seriously by the development community. Curiously, USGBC is not commenting on the Santa Monica Mountains development, better known as the U2 Malibu project, claiming it’s a local issue.

The U2 Malibu development, as it’s known, is planned to be a cluster of large residential buildings above Malibu, with prime views of the Santa Monica Mountains, the Malibu Pier, Surfrider Beach, and the Pacific Ocean. If these buildings can indeed be built, given that the rough, slide-prone area’s setting would require substantial engineering feats, there is little question that they will be ecologically sound, and even luxurious, with a wastewater treatment facility and electric vehicle charging included among the planned amenities.

 

 

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