When the developer Lendlease opens its $600 million residential and office complex in Los Angeles, expected in 2025, the site will have the typical hallmarks of sustainable development: proximity to a light-rail stop, an all-electric residential tower, solar panels and a pedestrian plaza.But those features are considered commonplace these days. What makes this development more striking is how sustainability isn’t simply an amenity or signifier of corporate responsibility, but a core feature of its financing plan.“We were doing sustainable development before there was investor pressure, but now there is investor pressure,” said Sara Neff, head of sustainability for the Americas region at Lendlease.The company’s investor partner for this project, Aware Super, will be tracking environme …
