Generational Excellence for 75 Years
In 2022 we celebrated our 75th anniversary! We are continuing to build on a foundation of family, fortitude, and commitment to creating healthy buildings and healthy communities.
We’ve compiled an historic timeline that provides an engaging look at the amazing people, innovative properties, and compelling purpose that has driven this company for 75 years.
ABOUT THE TOWER COMPANIES
For three generations, the family-owned Tower Companies has maintained a commitment to responsible development and continues to envision a world where buildings inspire and enrich the lives of their occupants and create positive social change. Tower owns and manages over 6 million square feet in the Washington, D.C. metropolitan area consisting of office buildings, retail shopping centers, lifestyle centers, hotels, and residential eco-progressive live-work-play communities, with an additional 10 million square feet of developable land.
In 2004, Tower was the first U.S. company to achieve LEED® certification of a multi-family property and has gone on to achieve LEED® and Fitwel certification for 95 percent of their commercial office and multi-family portfolio, and ENERGY STAR® for 80-95% of the portfolio. As part of their commitment to healthy buildings, Tower is also proud to be the first building owner in the country using innovative technologies centered on creating and monitoring indoor environmental quality for occupants. Tower has been carbon neutral since 2010; publicly reporting their portfolio’s carbon footprint to The Climate Registry and offsetting 100% of greenhouse gas emissions by supporting renewable energy projects in North America. Tower expects to generate over 1 million kilowatts of renewable energy on-site each year from its solar portfolio, equivalent to offsetting the greenhouse gas emissions from 143 homes for a full year. Tower draws this solar energy from roughly 2,615 solar panels placed on our building rooftops, parking lots and other spaces.
CORPORATE RESPONSIBILITY HIGHLIGHT
Inaugural report published to celebrate earth month
For 75 years, and over three generations, our family has been driven by a deep sense of responsibility to transform the real estate industry and help guide society forward. We work tirelessly to develop and manage sustainable and healthy buildings that promote success for all people, create positive social change, and inspire future generations. Our family has demonstrated that you can do well by doing good and build a business while leading a movement that addresses our greatest environmental and social challenges. The results and initiatives described in the inaugural report are the culmination of our continuous commitment to corporate responsibility since the company was founded in 1947, with a focus on the last 20 years. As an industry and as a people, it is critical that we act together — as catalysts for change. This report is a blueprint that we hope others will put into practice, so our united efforts deliver a sustainable future in which everyone thrives.
PROPERTY HIGHLIGHT
CAN WHERE YOU LIVE CHANGE YOUR LIFE?
Since opening in February 2017, The Pearl became the first multifamily residential building to achieve Fitwel Certification in the world and was recently featured in a special TIME edition focused on wellness titled, “Finding a Healthier You.” The Pearl offers nearly fifty design strategies, amenities, policies, and programs that activate a healthy lifestyle for its residents.
NEW CLIENT HIGHLIGHT
STEIN SPERLING MOVES TO THE TOWER BUILDING
Stein Sperling Bennett De Jong Driscoll, PC, a multi-disciplined regional full-service law firm, signed a lease with The Tower Companies in March 2019 to move their over 40,000 SF headquarters to The Tower Building, which is LEED Gold Certified office building located in Rockville, Maryland. One main driver in the law firm’s selection was excitement to find an iconic building that “mirrored the high standards, corporate philosophies and integrity” of Stein Sperling. The Tower Companies built the property in 2000 and since then, has been the management company.
“The building and interiors make for a relaxing and welcoming work environment that has transformed the way our staff feels about coming to the office. We face the day more stimulated, more creative, more collaborative, and ready to meet virtually any challenge.”
Read more about NIKA’s workplace environment here.
Kabir Chaudhary, CEO of NIKA and a tenant of 2000 Tower Oaks Boulevard
