Sustainability Board of Advisors - John E. "Chip" Akridge

John E. “Chip” Akridge III, founder and chairman, Akridge

“I am committed to sustainability because it is the right thing to do for my community, country, and planet—and it is also good business practice, especially as the market continues to evolve. I am convinced of the long-term value of Akridge’s investments in high-performance development, management and leasing of properties. We believe—and have found—that the risks of a developer not going green far outweigh the risks of spending the initial capital to provide sustainable features in our buildings. At the same time, this is personal, and I trace my environmental consciousness back to my days as a Boy Scout, which gave me a great appreciation for the environment. I not only talk the talk, but walk the walk as one of the first LEED-Accredited Professionals at Akridge. With Akridge’s sustainable developments and the creation of the Trust for the National Mall, I am committed to passing on a better environment to my children, their children and future generations.”—John E. “Chip” Akridge

Full Biography:

“Chip” Akridge founded the commercial real estate firm bearing his name in 1974 to specialize in commercial real estate in downtown and suburban Washington, D.C. Since then, he has acquired or developed more than 12 million sq. ft. of office, retail, industrial/warehouse and research and development space in the region. Currently, as the company’s chairman, he is responsible for corporate oversight and strategic planning. 

Akridge was the first to use the Woodies Act, which enables developers to lease the air rights above and below a public area in order to join properties, and the Washington, D.C. Tax Increment Financing Program to build a mixed-use complex that revitalized the city center. He worked closely with the city government to develop a housing linkage program, Business Improvement Districts and tax increment financing as well as regulatory guidelines to improve the water quality of the Anacostia River. He has served as member of the economic development and executive committees of the Federal City Council, the Board of Trustees of the Chesapeake Bay Foundation, the Nature Conservancy of Maryland/Washington, D.C., and various agencies of the city government, and as chairman of the Greater Washington Board of Trade’s Emergency Preparedness Task Force. He testifies frequently in support of environmentally-friendly legislation before the DC Council and the Maryland State House and Senate. 

Akridge has won numerous Smart Growth awards as well as the LEED-Accredited Professional designation, and he is a U.S. Environmental Protection Agency Energy STAR partner. He is also a leader in philanthropic and civic organizations in the Washington, D.C. area, including serving as chairman of the Trust for the National Mall, a nonprofit created to assist the National Park Service to restore the National Mall. Previous philanthropic leadership initiatives include serving as chairman of the John Akridge Homeless Foundation and as a member of the board of directors of the National Alliance to End Homelessness, the Board of Trustees of the Georgia Tech Foundation and the President’s Advisory Board of Georgia Institute of Technology. Akridge is a veteran of the United States military and holds an M.B.A. in finance and real estate development from Harvard University’s Graduate School of Business Administration as well as a B.S. in mechanical engineering from Georgia Institute of Technology.

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