Sears Tower - Green Retrofit
Sears Tower to Undergo Historic Green Retrofit
Source: costar.com
Chicago's Sears Tower, the world's third tallest building, will undergo a major green initiative: a $350 million, top-to-bottom environmental retrofit that would add wind turbines, solar panels and roof gardens and trim its electricity use by 80 percent.
The project was announced July 1 by American Landmark Properties, the property group that owns the 110-story building in partnership with New York-based investors Joseph Chetrit and Joseph Moinian. It is the second headline-grabbing retrofit of a major U.S. tower this year, following an energy efficiency upgrade at the Empire State Building announced in April.
Interesting article. The point about the operational savings flowing directly to the tenants is a good one. The Owner will also see that savings as the expense will be reduced and not have to be spent in the first place.
- Christopher Mellen | Flag this comment for review