Mar 25 2008
Chicago's Merchandise Mart, the largest commercial building in the world, has signed the first Project Development Agreement in the United States under the Clinton Climate Initiative (CCI). Under the agreement, TAC will implement energy reduction initiatives as part of CCI's global Energy Efficiency Building Retrofit Program designed to reduce greenhouse gas emissions from existing facilities.
“The businesses and building owners collaborating on energy-saving building retrofits are saving money, making money, creating new jobs, and fighting climate change, all at once. I am very pleased that my foundation has been able to accelerate these projects that reduce carbon emissions and increase the use and market for energy efficient technologies around the world,” said President Bill Clinton. "Working together, we can save energy, reduce carbon emissions, strengthen the economy, and secure the future.”
At 4.2 million square feet, 25 stories tall and spanning two city blocks in downtown Chicago, The Merchandise Mart is a historic landmark building awarded the Leadership in Energy and Environmental Design (LEED-EB) status from the United States Green Buildings Council in November 2007. The Energy Solutions division of TAC, a world leader in energy services, building automation and security, is currently working with The Merchandise Mart in the analysis, design and project development phase of a retrofit project that will implement a multitude of facility improvements and energy-saving measures through a performance contract. This turnkey method combines the design, construction, commissioning and performance measurement into one guaranteed fixed price. As the single provider of all aspects of the project, TAC will ensure facility efficiency, comfort, financial management and environmental protection.
“The changes we have implemented at The Merchandise Mart to achieve our LEED-EB status have not only led to cost savings, but also to a new culture and point of view that permeates throughout our organization,” said Christopher G. Kennedy, president of Merchandise Mart Properties, Inc. “By working with the Clinton Climate Initiative and TAC to achieve our energy saving goals, we will ensure that conserving resources continues to define our company and our way of life today.”
“TAC is especially honored that The Merchandise Mart has chosen to partner with us for its ongoing efforts in sustainability to augment their LEED certification,” stated Wes McDaniel, vice president of TAC Energy Solutions. “They are setting a tremendous example of environmental leadership for the city of Chicago.”