The Farragut Building has been recognized by Mayor Muriel Bowser for having the highest ENERGY STAR© score in Washington, DC in 2015. The ENERGY STAR© score is an annual accreditation based on energy usage.
Washington, DC – Generali Real Estate – one of the world’s leading real estate asset managers – today announced that The Farragut Building has been recognized by Mayor Muriel Bowser for having the highest ENERGY STAR© score in Washington, DC in 2015. The building is owned by the Generali Group and is part of the €27 billion portfolio of properties managed by Generali Real Estate worldwide. The ENERGY STAR© score is an annual accreditation based on energy usage.
Tina Paillet, Head of UK and North America for Generali Real Estate, commented: “It is with great pride that we receive this award today for energy efficiency, which is particularly impressive given the age of the building and proves Generali Real Estate’s commitment to putting sustainability on the top of its agenda. Since the moment we acquired the Farragut Building, we put our best efforts into optimizing the systems and management of the building leading to the LEED Gold sustainability certificate and, ultimately, to today's achievement.”
The Farragut Building, located at 900 17th Street in NW, Washington, DC, was originally constructed in 1961 with a large-scale mechanical renovation in 2006 going from induction units to VAV boxes with Air Handler Units on every floor and upgraded chillers. New boilers were just replaced in the summer of 2015.
Generali Real Estate acquired the property in September 2010. Since then, the goal shared with the property management team at Cushman & Wakefield was to maximize efficiency out of the renovation. The on-site engineering team began to utilize free cooling, which hadn’t been done in the past. They took a proactive approach regarding day-to-day energy usage by checking the system based on weather, saving ownership $95,471 per year from 2010-2011. These savings have remained consistent, if not improving, year-to-year since 2011. The building obtained the LEED Gold certification in January 2012.
Since 2010, the engineers have also retrofitted common area lights and installed motion sensors in all common area restrooms and parking garage lobbies, which has aided in significant energy savings. All plumbing in restrooms, tenant pantries and the fitness center have also been retrofitted to minimize consumption.
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