Forest City Enterprises Sustainable Development Standards

Before being purchased by Brookfield Properties, Forest City Enterprises was a nationwide real estate developer and manager that developed apartment, office, and retail buildings. The objective of this project was to establish a set of guidelines and a supporting toolkit that would guide project managers in the integration of sustainable design strategies in alignment with Forest City’s development process and aggregate goals for portfolio performance.

Strategy

Given Forest City had multiple offices across the country and three business units, the largest challenge facing the team was creating a framework that could be implemented across the organization regardless of business unit or building type. Paladino started by reviewing existing sustainability strategies and completing a comprehensive survey of stakeholders to discover industry trends and growth potential. Once a framework was developed, task forces from multiple offices within the company were created to review it and provide feedback. Paladino then identified specific sustainability strategies to be implemented across the board and created tools and green specifications to deploy these strategies.

Results

The outcome of this process was a comprehensive sustainability framework that was deployed across all of Forest City’s development divisions, bringing a cohesive platform from which the company could expand its sustainable development program.