Cut Energy Use Across Portfolio
A leader in commercial real estate service and innovation, Block & Company Inc. has established an initiative to save energy and money across their portfolio of properties. Searching for energy efficiency solutions that make economic sense, they have partnered with BioStar Lighting and Light My Life LLC, completing LED projects at the Skelly Building, The Landing Mall, Summit Woods pads and Summit Crossing pads.
At the Skelly Building on the Country Club Plaza, home of Block & Company Inc.’s headquarters, the LED upgrade achieved 71% energy reduction, saving almost 300,000 kilowatt-hours per year. Including maintenance savings, the retrofit reduces total lighting costs by 75%, resulting in a 1.9-year payback after a rebate from KCP&L.
The upgrade at the Skelly Building has been well received by tenants, particularly regarding the better quality light in the parking garage. The garage lighting was transformed from a dark orange glow to a fresh and bright light that makes the garage feel safer. The parking fixtures have built-in occupancy sensors which automatically dim after a period of inactivity, maximizing energy savings.
At The Landing Mall, the company saved over 527,000 kilowatt-hours per year by replacing fixtures and lamps in all interior common areas and public spaces, offices, restrooms and parking structures. The new lights produce a stylish modern look and better security, while eliminating maintenance headaches due to replacing tall lights on ceilings and in parking lots.
The four projects together will save over 447,000 kilowatt-hours of energy use, resulting in total operating cost savings of more than $1 million over 10 years. This will prevent greenhouse gas emissions equivalent to 750,900 miles driven by an average car or 46 homes’ electricity use for one year.
Block & Company Inc. recognizes the importance of energy efficiency and continues to proactively reduce their carbon footprint by making their buildings more efficient.
“We believe in the aggressive approach to LED lighting and plan to convert as many properties as fast as we can in the future,”
says David M Block, President of Block & Company Inc. Realtors.
About Block & Company
Block & Company, Inc. Realtors is a full service commercial real estate company headquartered in Kansas City, Missouri since its inception in 1946. The firm’s services include brokerage, development, investment, asset/property management, tenant representation, and corporate real estate services. With transactions extending to 187 cities in 35 states, Block & Company manages millions of square feet of retail, restaurant, office, and industrial space. Block & Company is proud to be known as one of the Midwest’s premier full service real estate organizations, consistently ranked among the industry leaders by trade magazines, local business publications, and our industry peers.