ARLINGTON, Va.–(BUSINESS WIRE)–AvalonBay Communities, Inc. (NYSE: AVB) – AvalonBay, a leading
multifamily real estate investment trust (REIT), today announced that it
received the Gary E. Bird Horizon Award at the 38th
International Risk Management Institute Inc.’s (IRMI) Construction Risk
Conference held on November 5, 2018.
Michael Feigin, AvalonBay’s Chief Construction Officer, and Jeffrey
Hutchens, AvalonBay’s Senior Director of Safety, accepted the award on
behalf of the Company’s innovative loss prevention program designed to
eliminate construction site fires on wood frame multifamily projects.
The approach focuses on four key pillars that use a combination of
innovative building processes, new technologies, and a novel wood
treatment to help reduce and/or eliminate structural fires. Although
designed with wood frame structures in mind, this approach could have
applications for fire loss prevention and elimination beyond the wood
frame construction industry.
The Gary E. Bird Horizon Award, sponsored by Travelers, is presented
annually…
