Cadillac Fairview has announced that it will begin work to install a Fenix Energy geo-exchange system on their 777 Dunsmuir Street office tower in downtown Vancouver, and have selected
JLL to manage the project. The addition of this system is expected to reduce the impact on the environment and increase energy efficiency of the heating system – reducing carbon emissions by up to 85 per cent. It is expected to take four months to install, and will reduce overall heating costs significantly.
“As the city continues to focus on its green agenda, advances like this will help to make big changes in some of the more densely built areas in the city, where any alterations need to be relatively compact.” said Tim Gilmour, Senior Vice President of Project and Development Services at JLL.
The new system manages excess and unused energy which is stored, instead of released into the atmosphere. This project is implementing an innovative way to use a proven technology. By installing the system vertically below the mixed-use high rise, this will be the first time that this system has been put in place under an occupied building. Office and retail tenants will not be disrupted.
“Cadillac Fairview is always looking for ways to reduce its impact on the environment,” says Ultan Kampff, General Manager, Pacific Centre and HSBC Building. “We’re proud to be working with a local company that is innovating on a global scale. Together with Fenix Energy, we’re using home-grown technology to find sustainable solutions, increase our efficiency, and lower carbon emissions.”