Pinewood Forrest LLC, which is building the eponymous community in Fayetteville, recently announced that all the housing units will run on geothermal energy, rather than having a traditional HVAC system installed.
This will make Pinewood Forrest the first full-geothermal, large-scale development in the nation.
The development is currently under construction, and when completed, will have 1,300 residences in total, 600 of which are multi-family dwellings. All of them, single-family and multi-family alike, will be powered by geothermal energy.
Geothermal energy is clean, renewable, and less expensive than traditional systems. A hole is drilled into the earth until a level is reached where the underground temperature is a consistent 58 degrees year-round. Underground heat pumps use this source to heat and cool homes, and represent a savings of about 70% on energy bills. This savings comes from the fact that underground pumps are not exposed to weather as above-ground pumps are, and also that they last more than four times as long—50 years as opposed to 12. Overall, the average savings could be as much as $200 saved on a $300 electricity bill.
Economics are only part of the picture. The geothermal system is almost completely silent, allowing residents to enjoy their outdoor surroundings, which includes 15 miles of pedestrian paths wandering through 118 green acres that include parks, gathering places, and gardens. The first phase of the development should be occupied by the end of the year.
Projects like this can benefit if developers create illustrated Brochures to give to prospective residents.
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