World’s largest commercial building U.S. first to retrofit under Clinton Climate Initiative
Chicago’s Merchandise Mart, the largest commercial building in the world at 4.2 million sq. ft, signed the first Project Development Agreement in the United States under the Clinton Climate Initiative (CCI). Under this agreement, TAC, a division of Schneider Electric, 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.
Chicago’s Merchandise Mart, the largest commercial building in the world at 4.2 million sq. ft, signed the first Project Development Agreement in the United States under the Clinton Climate Initiative (CCI).
Under this agreement, TAC, a division of Schneider Electric, 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 sq. ft, 25 stories tall, and spanning two city blocks in downtown Chicago, the Merchandise Mart is a historic, landmark building awarded LEED-EB status November 2007. TAC represents one of the Merchandise Mart’s aims toward sustainability. Business Week recently profiled the Merchandise Mar t and its transformation into “a certified-energy efficient marvel—and a model for other outdated buildings around the U.S.”
TAC is involved with the Merchandise Mart's Project Development Agreement 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. TAC is single provider of all aspects of this project.
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