This is the statement issued Wednesday by the company:
For Immediate Release
AVALONBAY
COMMUNITIES, INC. TO VOLUNTARILY
BUILD ITS
PRINCETON AND MAPLEWOOD COMMUNITIES TO NFPA 13
- Governmental leaders
praise the company’s decision to hold itself to a standard that exceeds the
existing building code in an effort to enhance fire safety -
Arlington, VA (February 18, 2015) – AvalonBay Communities, Inc. (NYSE:
AVB) announced today that it will voluntarily enhance the fire protection
systems at its high density, wood frame communities that are scheduled to
commence construction in the near future in both Princeton and Maplewood, NJ to
comply with the National Fire Protection Association Standard (“NFPA”) 13—a
standard that is greater than what is required by the current building code for
this building type.
As a result, AvalonBay will
incorporate more sprinklers throughout the building, including in the attics,
closet spaces and between the ceilings and floors. In addition, the company will upgrade the
fire safety for these buildings by installing masonry firewalls, which are not
required for this building type by the current building code or NFPA 13.
“We remain highly enthusiastic
about our long-term prospects in the Garden State,” said Ronald S. Ladell,
AvalonBay Senior Vice President. “By continuing to work with local governmental
and community leaders throughout New Jersey, we will continue to build
distinctive, welcoming and safe communities.”
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