Located a mere hop, skip, and jump from Los Angeles’ Staples Center, the country’s very first solar-powered, net-zero apartment building just officially flung open its doors for business. Dubbed the Hanover Olympic, this innovative and groundbreaking residence not only boasts a bevy of energy solutions geared toward powering its own 20 apartments but is also set up to feed surplus energy back into its surrounding grid. Such innovation doesn’t come without a steep price tag, however, as the cheapest eco-apartment — a studio — rents for roughly $2,100 per month.
Developed by the Hanover Company, an upscale apartment management group, the Hanover Olympic absolutely bleeds 21st century tech. In addition to boasting features ranging from LED lighting and Nest thermostats to iPad-powered solar energy trackers, each unit offers General Electric Energy Star-rated microwaves, dishwashers, refrigerators, and washer and dryers.
“Downtown Los Angeles is the perfect location for Hanover to introduce our Eco-Apartment concept,” Hanover Olympic Acquisitions and Development partner Ryan Hamilton told Inhabitat. “The area is attracting innovators and first-adopters seeking a luxury lifestyle with new tech and top amenities. We have been able to do all of that and provide the city with its first and only solar-powered, net-zero apartment home, and hope that the success of this program will bring more attention to living a sustainable lifestyle.”
Powering the entire structure are 10 photovoltaic panels secured to the roof of Hanover Olympic, with additional energy coming by way of 22o solar panels. All told, each unit receives roughly three kilowatts of energy from the solar panels, while excess energy not only pumps back into the grid but accrues Los Angeles Department of Water and Power credits each month.
Ground broke on the Hanover Olympic all the way back in July 2014, with reservations opened to the public in March. Interested tenants have the ability to choose between 539 to 579 sq. ft. studio apartments at $2,140 per month, 650 to 916 sq. ft. one-bedrooms at $2,728 per month, or 975 to 1,342 sq. ft. two-bedrooms for $3,297.