Latest news with #Neutral
Yahoo
5 days ago
- Business
- Yahoo
Milwaukee mass timber building groundbreaking, will be tallest in US
MILWAUKEE - It's a historical moment for the City of Milwaukee. FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android On Monday, June 16, the groundbreaking for "The Edison" took place downtown near Edison and State. It will be the tallest mass timber building in the United States. What we know The building was developed by Neutral and is one of a few different projects it is developing in Milwaukee and Madison, all of which prioritize sustainability and resident well-being. The Edison will have 31 stories and 353 units. It will also include a full-floor membership club and fitness center, health clinic, spa, pool, bathhouse and sauna, as well as a café and organic grocery store. The Edison is set to open in 2027. The materials used to build it are estimated to reduce the embodied carbon footprint by 54% accounting for biogenic carbon, as well as reduce the operational carbon footprint and energy consumption by 45% compared to conventional buildings of the same typology and use, per Neutral. What they're saying "This project is going to bring hundreds and hundreds of new units online and 378 new housing units right in the heart of the city," said Mayor Cavalier Johnson. "Now this matters for a couple of reasons. First, it means more it helps this neighborhood to grow, it helps Juneau town to grow and to thrive, because more residents means more activity." SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News Why you should care The goal is to have a new standard of stainable construction and wellness-centered living, aiming to reduce energy consumption and operational carbon footprint by 45% compared to traditional buildings. The Source FOX6 News attended the groundbreaking.
Yahoo
5 days ago
- Business
- Yahoo
Downtown's latest high-rise just staged a groundbreaking. But what's going on across the street?
Downtown Milwaukee's latest apartment high-rise just staged its groundbreaking ceremony − but the bigger question is: what's happening with a separate site just across the street? a 31-story, 378-unit tower, is being developed by Madison-based Neutral at 1005 N. Edison St., overlooking the Milwaukee River. Neutral also has conceptual plans to develop high-rises with apartments, hotel rooms, offices and other uses at the Marcus Performing Arts Center parking garage, 1001 N. Water St. − just east of The Edison. Mayor Cavalier Johnson's Department of City Development in July proposed a one-year exclusive right to negotiate a sale of the city-owned Marcus site to Neutral. That would give the firm time to refine its plans, including financing. But that negotiation right has yet to be reviewed by the Common Council − which also would review a proposed site sale. Alderman Robert Bauman, whose district includes downtown, is skeptical about Neutral's plans. The Marcus site proposal was on people's minds at June 16 groundbreaking ceremony. Neutral CEO Nate Helbach said the Edison would be North America's tallest mass timber high-rise. That environmentally sustainable construction technique uses layers of wood pressed together to create columns, beams and other building frame components. Helbach told ceremony attendees that maybe Neutral will win the distinction of building the world's tallest mass timber building "with the project across the street." Helbach and Daniel Glaessl, Neutral partner and chief product officer, both praised Department of City Development staff. "Love to work with you guys," Glaessl said. "I hope we can work together for many years to come." Bauman praised Neutral, saying plans for The Edison grew several times from when the proposal's first version was introduced in 2021. But Bauman said after the ceremony his concerns remain about Neutral's Marcus site plans. They include the fact the city's request for proposals drew just three responses, and questions about the feasibility of Neutral's plans as two east side apartment tower plans remain on hold. Another concern, Bauman said, is Neutral's plan to do the project in phases. He said that could result in a relatively small project component built while the rest of the 2.5-acre site remains undeveloped for years. Development Commissioner Lafayette Crump has said the department would use the proposed year-long negotiation period to conduct a more extensive feasibility study. Helbach told the Milwaukee Journal Sentinel he's continues to have talks with city staff about the Marcus site. He said he's had minimal conversations with Bauman because of his focus on the Edison − but plans to reengage with him soon. Helbach also hopes The Edison's construction will "build some assurances" about Neutral's ability to do the larger Marcus site development. Meanwhile, Bauman wants the Department of City Development issues a new request for proposals for the Marcus site. Asked what Helbach could say to make his case for Neutral's plans, Bauman replied, "I don't know. But I'm all ears." The $133 million Edison's first apartments are to completed by spring 2027, with the remaining units finished by summer 2027. Tom Daykin can be emailed at tdaykin@ and followed on Instagram, Bluesky, X and article originally appeared on Milwaukee Journal Sentinel: A downtown high-rise breaks ground. Next door project plan is in limbo Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Carbon Neutral Data Centers Market Analysis and Investment Opportunities 2025-2030 - Tech Giants Investing in Circular IT Infrastructure Promote Demand for Recyclable Materials and Equipment
Growth is driven by the need for sustainable digital infrastructure amid environmental pressures on hyperscale operators and IT leaders. The report details innovations in energy-efficient design, renewable energy integration, and emissions offsetting strategies, crucial for meeting ESG mandates and aligning with cloud infrastructure. Carbon Neutral Data Centers Market Dublin, June 16, 2025 (GLOBE NEWSWIRE) -- The "Carbon Neutral Data Centers - Global Strategic Business Report" has been added to global market for Carbon Neutral Data Centers was valued at US$6.6 Billion in 2024 and is projected to reach US$18.5 Billion by 2030, growing at a CAGR of 18.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Carbon Neutral Data Centers market. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Amazon Web Services (AWS), Apple Inc., Ark Data Centres, Bridge Data Centres, and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. The carbon neutral data centers market is expanding as sustainability becomes integral to IT strategy, regulatory compliance, and brand differentiation. These facilities represent a convergence of operational resilience, energy transition, and climate risk mitigation in the digital growth drivers include escalating energy consumption from cloud and AI workloads, net-zero commitments by hyperscalers and enterprises, growing availability of renewable power, innovation in low-energy cooling and server technologies, and rising demand for ESG-aligned infrastructure services. Financial and reputational incentives are further accelerating market digital infrastructure continues to scale globally, could carbon neutral data centers emerge as the blueprint for reconciling cloud growth with climate responsibility in the next generation of digital infrastructure planning?Key Insights: Market Growth: Understand the significant growth trajectory of the Hyperscale Data Centers segment, which is expected to reach US$10.9 Billion by 2030 with a CAGR of a 19.7%. The Enterprise Data Centers segment is also set to grow at 16.4% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $1.8 Billion in 2024, and China, forecasted to grow at an impressive 24.7% CAGR to reach $4.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Why You Should Buy This Report: Detailed Market Analysis: Access a thorough analysis of the Global Carbon Neutral Data Centers Market, covering all major geographic regions and market segments. Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies. Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Carbon Neutral Data Centers Market. Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions. Key Questions Answered: How is the Global Carbon Neutral Data Centers Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 44 companies featured in this Carbon Neutral Data Centers market report include: Amazon Web Services (AWS) Apple Inc. Ark Data Centres Bridge Data Centres CyrusOne Digital Realty Equinix Google LLC IBM IONOS LCL Data Centers Meta Platforms, Inc. Microsoft Corporation NEXTDC NTT Communications OVHcloud Recycled Cloud (e-Durable) Scaleway VIRTUS Data Centres Yotta Infrastructure This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage. Key Attributes Report Attribute Details No. of Pages 293 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $6.6 Billion Forecasted Market Value (USD) by 2030 $18.5 Billion Compound Annual Growth Rate 18.7% Regions Covered Global MARKET OVERVIEW Influencer Market Insights World Market Trajectories Carbon Neutral Data Centers - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Enterprise Decarbonization Targets and ESG Mandates Throw the Spotlight on Carbon Neutral Data Centers Growth in Hyperscale Computing and Cloud Services Spurs Demand for Energy-Efficient Facility Design Integration of Onsite Renewable Energy, Power Purchase Agreements (PPAs), and Carbon Credits Supports Net-Zero Operations Expansion of Liquid Cooling, AI-Based Load Balancing, and Efficient UPS Systems Drives Power Usage Optimization Use of Modular, Scalable Infrastructure Supports Carbon-Neutral Goals in Distributed and Edge Data Centers Growth in Green Building Certifications (LEED, BREEAM) and Energy Star Compliance Strengthens Market Positioning Carbon Accounting Transparency and Real-Time Energy Monitoring Systems Improve Credibility and Reporting Tech Giants Investing in Circular IT Infrastructure Promote Demand for Recyclable Materials and Equipment Use of Battery Storage, Fuel Cells, and Smart Grid Connectivity Enhances Renewable Power Utilization Geographic Shift Toward Low-Carbon Power Markets Supports Strategic Data Center Siting Decisions Investor and Client Pressure for Low-Carbon Digital Infrastructure Drives Competitive Differentiation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Carbon Neutral Data Centers Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Miami Herald
28-05-2025
- Business
- Miami Herald
Neutral Announces Groundbreaking for Neutral 1005 N Edison St Project, Tallest Mass Timber Building in the United States to Take Place June 16, 2025
The Milwaukee, WI, residential with retail project charts a path for greener high rises with an innovative, sustainable mass timber construction process MILWAUKEE, WI / ACCESS Newswire / May 28, 2025 / Neutral, the Madison-based real estate developer with a focus on innovative, long-term sustainability, announces an official groundbreaking ceremony for their 1005 N Edison St project, set to become the tallest mass timber building in the United States. An on-site event with speeches by Neutral CEO, Nathan Helbach, and remarks from distinguished guests, including Milwaukee Mayor, Cavalier Johnson, will be hosted on June 16, starting at 2:30 p.m. onsite. RSVP HERE When it opens, Neutral Edison will be 31 stories, with 350 residential apartments (studio, one-, two-, and three-bedrooms), as well as approximately 7,200 square feet of complementary retail space, to downtown Milwaukee. The project will offer tenants a lifestyle focused on health and well-being, including a full floor devoted to a membership club with a fitness center, health clinic, spa, pool, and sauna. The first floor will be a membership workspace and cafe facing the riverwalk with an organic grocery store, and the top floor lounge will offer a demo kitchen, community garden, and entertainment deck with private dining rooms. The project blends exposed mass timber with natural materials and state-of-the-art ventilation systems, creating an environment that nurtures both resident well-being and environmental sustainability. Mass timber - a durable and sustainably engineered wood product - has numerous benefits for the environment, the consumer, and the developer. In producing far fewer carbon emissions than conventional steel or concrete construction, mass timber absorbs carbon dioxide. From a development point of view, mass timber also means less weight and construction waste. The materials used to build Neutral Edison are estimated to reduce the embodied carbon footprint and energy consumption by over 45% compared to conventional buildings of the same typology and use. It will pursue Passive House certification following the PHIUS 2021 Core Standard, one of the leading and strictest certifications for energy-efficient buildings. Neutral Edison will also pursue Living Building Challenge 4.0. Core Certification, focused on sustainable buildings and overall resident well-being. "With the growing interest in longevity and wellness, we are one of the top major projects in the housing rental market offering living environments with this level of on-site health services and attention to sustainability," said Neutral CEO Nate Helbach. "This unique integration is possible through our dedication to investing in enduring quality, community and resident wellbeing." "Using mass timber technology in conjunction with a low carbon, high performing envelope, Neutral Edison sets a new standard for sustainable building design and construction practices," said Daniel Glaessl, Partner & Chief Product Officer. "We couldn't be more excited for the launch of this property with first in class offerings for healthy and intentional living." Groundbreaking Timeline on June 16, 2025: 2:30 PM Event begins (at 1005 N Edison St, Milwaukee, WI)3 PM Welcome speeches by Neutral CEO and remarks by Mayor Cavalier Johnson and Alderman Robert Bauman3:15 PM Ceremonial groundbreaking and photos3:30 - 4 PM Media interviews RSVP HERE ABOUT NEUTRAL Neutral is a real estate developer building ground-up market-rate multifamily assets in the Midwest region, which has gained global acclaim as one of the leaders in real estate focused on sustainability, resident health, and well-being. Neutral buildings use mass timber and meet the industry's most rigorous sustainability certifications. Neutral recently completed Bakers Place projects with 206 rental units in downtown Madison, WI. Headquartered in Madison, Neutral was founded in 2020 by Nate Helbach and Matt Frazer. For more information, visit SOURCE: Neutral press release
Yahoo
27-05-2025
- General
- Yahoo
International Olympic Committee confirms Russian teams are still banned from 2026 Winter Games
Russia remains prohibited from participating in the 2026 Winter Olympics in Italy. On Tuesday, the International Olympic Committee stated that Russia is still penalized over its invasion of Ukraine in 2022. The IOC made their statement, via Reuters, following reports about participating in the games. The reports suggested that Russian hockey officials engaged in conversations with the International Ice Hockey Federation about next year's event. "The IOC Executive Board recommendation from March 2023 with regard to teams of athletes with a Russian passport remains in place," the IOC said. "It is based on the fact that, by definition, a group of Individual Neutral Athletes cannot be considered a team. We take note that the IIHF has confirmed that it will follow this recommendation." Russia's ban means their dominant ice hockey team will not be competing after impressive performances in recent Olympics. The Russian men bested Germany for the gold medal in the 2018 Pyeongchang Games. Four years later, they finished second to Finland in Beijing. Russia's recent block comes after 15 Russian athletes played in the 2024 Summer Olympics under the Individual Neutral Athlete status. The athletes' participation underwent vetting by the IOC before they competed without the Russian flag and anthem. Earlier this month, the International Skating Union approved four Russian skaters' participation in the Milan-Cortina Olympics. Seventeen-year-old national champion Adelia Petrosian is among the group that received the green light to compete as neutral athletes.
