This week, Crow Holdings, a Dallas-based real estate investment and development firm, announced the launch of Crow Holdings Renewables. The new venture will develop solar energy and battery storage projects throughout the United States at community and utility scales.
At the helm of the endeavor is a highly capable team assembled by Crow Holdings. Co-leading the company is Laurence Pelosi, senior managing director at Crow Holdings, and Tim Marvich, who recently joined the company as a managing director.
Pelosi, a seasoned professional with extensive experience in real estate, energy, and infrastructure, has been with the company since 2019. Marvich, an accomplished leader in renewable energy development, was previously associated with Apex Clean Energy and NextEra Energy Resources. Riean Norman, as Vice President, will focus on spearheading pre-development activities in California and the Northeast.
Leveraging its expertise and local presence, Crow Holdings Renewables aims to establish a strong presence in the rapidly growing solar markets nationwide. The company says it’s committed to actively contributing to the development of renewable energy solutions for communities and businesses nationwide.
By harnessing the rooftops of its industrial properties, Crow Holdings aims to harvest energy efficiently, adding solar panels to millions of square feet of roofs across the country. It’s a strategic move that allows them to provide lower-cost energy to numerous homes and businesses, effectively meeting their energy needs.
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R E A D N E X T
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By adding solar panels to millions of square feet of industrial rooftops in the company's portfolio, Crow Holdings Renewables aims to "help meet the energy needs of hundreds of businesses and thousands of residential customers." See who's leading the charge—and how they plan to do it.
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Crow Holdings plans to break ground February 1 on a $41 million logistics hub at 4661 Lawnview Avenue in Southeast Dallas, with two new buildings totaling 511,000 square feet, Bisnow DFW reports.
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Fuel cells for cars? Think bigger—because Toyota sure is. After developing hydrogen fuel cell technology for over 25 years, mostly aimed at carbon-zero vehicles, the company is scaling up the tech for uses far beyond cars. Now it's working with the U.S. government to build a system that can add energy to the grid, power things like data centers, and more.
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The partnership with Crow Holdings Capital and a global institutional investor allows Crow Holdings to expand its retail investment strategy of acquiring small-format, convenience-oriented, open-air, food and service shopping centers. CEO Michael Levy says the partnership "serves as a powerful endorsement of CHC’s investment strategy in this attractive segment of the retail real estate market."
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Georgia-based Saltbox—acclaimed by Fast Company in its list of 2022 Most Innovative Companies—opened a new 128K-SF co-warehousing location Tuesday in Carrollton. On tap: 169 flexible warehouse suites, 10 office suites, flex office space, access to loading docks, and a "top-of-the-line photo studio for entrepreneurs." "Our end-to-end solutions power the logistics journey of small businesses from startup to scale," said Saltbox Co-Founder and CEO Tyler Scriven.
