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Southeast HVAC News
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Trane Honors Memphis Development with
Energy Efficiency Leader Award. |
Award recognizes collaborative effort to revitalize historic
community building with energy management solutions.
Indoor comfort services provider Trane, a brand of Ingersoll
Rand, presented the Energy Efficiency Leader Award Oct. 9 to
Crosstown Concourse, Memphis, Tenn. The award recognizes the
developers’ outstanding commitment to best practices in energy
efficiency and sustainability for the retrofit of a once-vacant
90-year-old former Sears building that is not only revitalizing
the community around it but reducing operational costs.
Crosstown Concourse was selected as one of just three projects
to receive the award in 2017. It is home to a collective of
commercial, residential and retail partners including
restaurants, health clinics, a charter high school, a
contemporary art center, commercial offices and 265 residences.
The driving force behind the project was the creation of a
vertical urban village while improving operational
sustainability and the financial performance of one of Memphis'
most iconic properties.
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Felix Wilson, vice president at Trane, presented the award to the
five companies who had a hand in the redevelopment project:
Commercial Advisors|Cushman & Wakefield, Crosstown Arts, Kemmons
Wilson Cos., Looney Ricks Kiss and OGCB Inc.
The companies worked together to provide solutions to help the
development achieve greater efficiency, showcase sustainability,
enhance comfort, improve tenant productivity and increase asset
potential through the use of intelligent technology. Trane’s HVAC
systems and energy management solutions provide valuable data and
insight that can be accessed from the building and used as a
catalyst for new levels of efficiency.
Trane
presented its Energy Efficiency Leader Award to Crosstown Concourse
in recognition of developers’ commitment to energy efficiency and
sustainability. Shown here at the award ceremony are (from left):
Tony Pellicciotti, principal at Looney Ricks Kiss; Jim Prillaman,
vice president of OGCB Inc.; McLean Wilson, principal, Kemmons
Wilson Cos.; Dan Chancey, senior vice president of asset management,
Commercial Advisors | Cushman and Wakefield; Felix Wilson, vice
president at Trane; and Todd Richardson, co-founder and managing
director of Crosstown Arts.
By implementing smart design practices and energy-efficient systems,
these collaborative efforts are expected to save more than $1.6
million in operating costs over the next 25 years. There have been
realized capital cost savings of more than $250,000 — the equivalent
to the electricity usage of 67 homes for one year or 432,000 trees
being saved.
“Crosstown Concourse represents the leadership in energy efficiency
and sustainability that we recognize annually with the Energy
Efficiency Leader Award,” Wilson said. “By taking on what seemed to
be an impossible task, the development underscores the impact that
smart properties have in not only providing long-term environmental,
financial and facility benefits to those who live and work in the
building, but the broader impact on Memphis and their commitment to
communities.”
As a part of the ceremony, Trane hosted a roundtable discussion with
business leaders from Commercial Advisors | Cushman & Wakefield,
Crosstown Arts, Kemmons Wilson Cos., Looney Ricks Kiss and OGCB Inc.
The panelists, moderated by Commercial Appeal President Michael
Jung, discussed the vision for the community redevelopment
initiative, the unique challenges of the project and best practices
for successfully implementing energy efficiency and sustainability
when retrofitting older buildings of this size.
"Crosstown Concourse is a project we are very proud to be a part of;
it exemplifies how partnerships can impact the sustainability
efforts of an entire city, in this case Memphis,” said Dan Chancey,
senior vice president of asset management at Commercial Advisors.
Each year, Ingersoll Rand and its family of brands — including Club
Car, Ingersoll Rand, Thermo King and Trane — recognize organizations
that demonstrate an outstanding commitment to implementing best
practices in energy efficiency and sustainability.
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