Retrofitting and reinventing to be a new icon of sustainability, the Empire State Building, one of the Seven Wonders is going green with a bang!
An innovation workshop was held with a group of industry and political leaders to advise on how to effectively reduce its carbon footprint, energy consumption and obtain a LEED Gold building certification – Over 250 projects worldwide have received LEED certification. Less than 25 percent of these projects have achieved the Gold LEED rating. http://www.energy.gov/additionaltaxbreaks.htm
Those in the know at the Johnson controls, the Clinton Climate Initiative, Rocky Mountain Institute and Jones Lange LaSalle are not only pioneering a system, but circumventing the process for the buildings to come.
With 60-70% of the energy going into buildings in most cities we need to learn to redesign existing structures to make any kind of green impact.
Normal ROI look at saving runs 15-20% savings. Their goal is 35-40% and has reached 38% energy savings with the innovative plan. That is 105 metric tons of C02 over the next fifteen years. This will also improve the air quality in the building with a film coating that also adds insulation.
3.8 Million Visitors a year will share this sustainability message and they will serve as a global flagship example of how we can make this world a better place. The hope is to show that going green not only saves our planet, but makes money for the owner and the tenants, then everyone is sure to jump on the sustainability bandwagon.
This eco-facelift will cost upwards of $20 Million dollars which will save $4.4million annually in energy costs increase value and competitiveness of the real estate itself. What real estate owner doesn’t want that golden recipe in today’s marketplace? Today’s sustainable buildings drive a higher value, higher resale and higher rental. Stimulating genuine economic growth, innovation and job creation.
It seems logical that the 102-story building, which broke ground in January of 1930, would take on a retrofit even in the existing financial situation, doesn’t it?