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Office building landlords and tenants cross the finish line with ground-breaking results in CivicAction's energy marathon Race to Reduce!

Office building landlords and tenants cross the finish line with ground-breaking results in CivicAction's energy marathon Race to Reduce!

Canada NewsWire

TORONTO, Nov. 6, 2015 /CNW/ - Last night, participants in CivicAction's smart energy office challenge took sustainability to new heights, celebrating a drop of close to 193 million ekWh or 12.1 per cent in collective energy use over four years, charging past the program's four-year target of 10 per cent. That's equivalent to taking more than 4,200 cars off the road and putting $13.7 million back into office landlords' and tenants' pockets.

"We set an ambitious target four years ago and last night, we exceeded it," said Sevaun Palvetzian, CEO, CivicAction. "The Race to Reduce is a great example of what's possible when people from opposite sides of the table come together and work towards a shared goal."

With winning buildings located in Burlington, Oakville, Mississauga, Vaughan, Markham and Toronto, the final Race to Reduce awards ceremony saw representation from leading office building owners, tenants, and workers from across the region and showed how little energy is needed to run a building while meeting tenants' and their employees' needs. CivicAction's Race to Reduce is one of the largest regional energy challenges in the world, with 196 buildings participating representing more than 69 million square feet or 42 per cent of the commercial office space in the region.

Sixty-four buildings of various sizes and ages earned a Greatest Energy Reduction Award by achieving a 10 per cent or greater reduction across the four years of the Race (2011-2014). Twenty-one of these buildings reduced their energy use by more than 20 per cent, with Oxford Properties Group's Richmond Adelaide Centre, HOOPP Realty's AeroCentre 1 - 5600 Explorer Drive,  and the City of Toronto's Toronto Archive Centre cutting energy use by a whopping 35, 39, and 59 per cent respectively, over the span of the Race.

RBC swept the Team Excellence awards that celebrate active and sustained landlord-tenant collaboration. They took home awards in each of three categories, with landlords Bentall Kennedy (Canada) LP, Cadillac Fairview Corporation Limited, and Oxford Properties.

"The final results show what is possible and underscore the significant impact the commercial real estate sector can have on reducing the region's carbon emissions and cleaning the air we all breathe," said Roger Johnson, Senior Vice President, TD Bank Group and Co-Chair of CivicAction's Commercial Building Energy Leadership Council, which created the Race.

The average Portfolio Manager EnergyStar score across the 17 Lowest Energy Use (2014) award winners was 95.5 (out of 100), an impressive 37 points above the Canadian national average for commercial office buildings. (See below for full list of award winners.)

The Honourable Glen Murray, Ontario Minister of the Environment and Climate Change, was on hand to praise the innovation and collaboration showcased by the sector and to reinforce the need to continue the momentum.

"Reducing greenhouse gas emissions from buildings is key to the fight against climate change," said Minister Murray. "CivicAction's Race to Reduce challenges landlords and tenants to reduce their carbon footprints and recognizes great examples of private sector leadership, collaboration and innovation."

The impact and scalability of CivicAction's Race to Reduce program has captured national and international attention and awards, entrenching industry collaboration as the new normal. Among the multiple awards earned to date are the National Energy Globe Award Canada 2015, nominee for the Energy Globe World Award 2015, the Clean50 Top 15 Projects Award and a NAIOP Greater Toronto Chapter Green Award of the Year 2014.

The momentum from the Race will continue on a local and pan-Canadian scale, with BOMA Toronto committed to building on the momentum of the program and developing the next iteration of the Race to Reduce, and Manitoba Hydro announcing its support of a Race to Reduce in Winnipeg.

"The Race to Reduce demonstrated what we can achieve when landlords, tenants, service providers, and energy providers see the market benefits of smart energy use, and take an all-hands-on-deck approach to making it happen," said Brad Henderson, former ‎Senior Managing Regional Director at CBRE Limited and Co-Chair of CivicAction's Commercial Building Energy Leadership Council. "The successes we've seen will have a ripple effect in the industry."

2015 Race to Reduce Awards:

Earning the Team Excellence Awards for excellence in energy reduction efforts that come with active and sustained landlord-tenant collaboration across the four years of the Race (2011-2014):

Team Excellence Category

Winner

Capital Project

Bentall Kennedy (Canada) LP & RBC

Operational Project

Cadillac Fairview Corporation Limited & RBC

Cultural/Behavioural Change Project

Oxford Properties Group & RBC

(Click here for descriptions of the work that earned recipients the awards.)

Earning a Building Performance Award for Lowest Energy Use in 2014:

Building Size Category

Winners

Building Owner/ Property Management Company

ENERGY STAR Score

(1 – 100)

Under 250,000 sq. ft.

Restoration Services Centre

(Vaughan)

Toronto and Region Conservation Authority

100

Ennisclare Corporate Centre  1075 North Service Road W.

(Oakville)

2748355 Canada Inc. / Bentall Kennedy (Canada) LP

100

Ennisclare Corporate Centre  1235 North Service Road W.

(Oakville)

2748355 Canada Inc. / Bentall Kennedy (Canada) LP

99

AeroCentre 1

5600 Explorer Drive

(Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

97

Barrymore Building

First Capital Realty Inc. / First Capital Realty Inc.

 

97

3115 Harvester Road

(Burlington)

8750840 Canada Inc. / Bentall Kennedy (Canada) LP

97

250,000 to 500,000 sq. ft.

Yonge Corporate Centre - 4110 Yonge Street

Cadillac Fairview Corporation Limited

95

Northbridge Place

 

Brookfield Office Properties

94

Mississauga Executive Centre 4

Desjardins Financial Security Life Assurance Company and AIMCo Realty Investors LP / ONTARI Holdings Ltd. / Colliers International

93

77 Bloor Street W.

Bay Bloor Equities Inc. & Morguard Realty Holdings Inc. / Morguard Investments

93

500,000 to 1,000,000 sq. ft.

25 York Street

Menkes Union Tower Inc. / Menkes Property Management Services Ltd.

98

One Mount Pleasant

 

Rogers Communications Inc.

97

PwC Tower at /SFC

 

bcIMC Realty Corporation / GWL Realty Advisors

96

Over 1,000,000 sq. ft.

Simcoe Place

Simcoe Place Leaseholds Ltd., 799549 Ontario Inc. / Cadillac Fairview Corporation Limited

97

Bell Trinity Square

 

Northam Realty Advisors Limited

93

TD North Tower - 77 King W.

Cadillac Fairview Corporation Limited

89

Richmond Adelaide Centre

 

Oxford Properties Group

89


Earning a Building Performance Award for Greatest Energy Reduction (2011-2014):

Reduction Category

Winners

Building Owner/ Property Management Company

Percentage Reduction

20% and greater

Toronto Archives Centre

City of Toronto

 

59.91

AeroCentre 1 - 5600 Explorer Drive (Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

38.78

 

Richmond Adelaide Centre

Oxford Properties Group

 

35.29

Caledon Town Hall

Town of Caledon

 

34.56

77 Bloor Street W.

Bay Bloor Equities Inc & Morguard REIT / Morguard Investments Limited

34.24

161 Eglinton Avenue E.

Eglinton Redpath Holdings Inc. / Crown Property Management Inc.

 

 

32.06

155 University Avenue

Great West Life Assurance Company and London Life Insurance Company / GWL Realty Advisors Inc.

30.94

Mississauga Executive Centre 2

Desjardins Financial Security Life Assurance Company and AIMCo Realty Investors LP / ONTARI Holdings Ltd. / Colliers International

29.78

AeroCentre 2 - 5580 Explorer Drive

(Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

29.7

2920 Matheson Blvd. E.

(Mississauga)

Revenue Properties Company Limited & 2920 Matheson Boulevard Holdings Ltd. / Morguard Investments

29.22

145 King Street W.

2748355 Canada Inc. / Bentall Kennedy (Canada) LP

28.97

180 Wellington Street W.

Manulife Canadian Property Portfolio / Manulife Real Estate

27.39

600 Cochrane Drive

(Markham)

Canadian Urban Limited

27.06

Oakville Corporate Centre III

Penlea Investments Ltd. / Morguard Investments

26.67

First Canadian Place

Brookfield Office Properties

 

25.31

TD Bank Tower - 66 Wellington W.

Cadillac Fairview Corporation Ltd.

24.75

19 Allstate Parkway

(Markham)

bcIMC Realty Corporation / GWL Realty Advisors Inc.

22.93

AeroCentre 6 - 5500 Explorer Drive

(Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

22.01

Toronto City Hall

City of Toronto

 

21.18

Barrymore Building

First Capital Realty Inc.

 

20.4

Yonge Corporate Centre - 4100 Yonge Street

Cadillac Fairview Corporation Ltd.

20.3

15 to 19.9%

Sun Life Financial Tower

Sun Life Assurance Company of Canada / Bentall Kennedy (Canada) LP

18.97

Toronto Public Health - 277 Victoria Street

City of Toronto

 

18.8

4 King Street West

Great West Life Assurance Company and London Life Insurance Company / GWL Realty Advisors Inc.

18.46

TD North Tower - 77 King West

Cadillac Fairview Corporation Ltd.

18.36

4880 Tahoe Boulevard

(Mississauga)

Morguard Investments Limited

 

18.25

Yonge Corporate Centre - 4110 Yonge Street

Cadillac Fairview Corporation Ltd.

18.02

1127 Leslie Street

Rosseau Realty

 

17.78

Simcoe Place

Simcoe Place Leaseholds Ltd., 799549 Ontario Inc. / Cadillac Fairview Corporation Ltd.

17.32

1875 Buckhorn Gate

(Mississauga)

Bentall Kennedy (Canada) LP

 

16.53

Mississauga Executive Centre 4

Desjardins Financial Security Life Assurance Company and AIMCo Realty Investors LP / ONTARI Holdings Ltd. / Colliers International

16.44

200 King Street W.

BcIMC Realty Corporation / Bentall Kennedy (Canada) LP

16.35

Yonge Corporate Centre - 4120 Yonge Street

Cadillac Fairview Corporation Ltd.

16.27

Ennisclare Corporate Centre - 1275 North Service Road W. (Oakville)

2748355 Canada Inc. / Bentall Kennedy (Canada) LP

16.13

415 Yonge Street

Artis Reit / Crown Property Management Inc.

15.94

AeroCentre 3 - 5560 Explorer

(Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

15.92

110 Yonge Street

CREIT Management L.P.

 

15.53

10 to 14.9%

Trillium Executive Centre

(Markham)

CR3 675 Cochrane Inc. / Crown Property Management Inc.

14.96

Canada Life Building

Canada Life Assurance Company / GWL Realty Advisors Inc.

14.6

Metro Hall

City of Toronto

 

14.56

WaterPark Place

OMERS Realty Corporation and CPP Investment Board Real Estate Holdings Inc. / Oxford Properties Group

14.39

MetroCentre

Oxford Properties Group

 

14.21

2  Bloor Street W.

Oxford Properties Group

 

14.16

60 Bloor Street W.

60 Bloor Equities Inc. / Morguard Investments

13.76

Brookfield Place

Oxford Properties Group (161 Bay) Brookfield Office Properties (181 Bay)

13.69

Dynamic Funds Tower

Oxford Properties Group

 

13.58

2425 Matheson Blvd E.

(Mississauga)

Canada Post and OP Trust / Triovest Realty Advisors Inc.

 

13.33

1855 Buckhorn Gate

(Mississauga)

Bentall Kennedy (Canada) LP

13.17

2233 Argentia Nominee Inc.

(Mississauga)

LaSalle Investment Management / Crown Property Management Inc.

12.85

Brampton Park

Rogers Communications

 

12.83

Mississauga Executive Centre 1

Desjardins Financial Security Life Assurance Company and AIMCo Realty Investors LP / ONTARI Holdings Ltd. / Colliers International

12.82

25 York Street

Menkes Union Towner Inc. / Menkes Property Management Services Ltd.

12.69

AeroCentre 4 - 5520 Explorer Drive

(Mississauga)

HOOPP Realty Inc. / Menkes Property Management Services Ltd.

 

12.64

 

4720 Tahoe Blvd.

(Mississauga)

Morguard Investments Limited

 

12.6

95 Wellington Tower

Cadillac Fairview Corporation Ltd.

 

12.35

525 University Avenue

CREIT Management L.P.

 

11.99

RBC Centre

Ontrea Inc. and OPB (155 Wellington) Inc.   / Cadillac Fairview Corporation Ltd.

11.72

200 University Avenue

Great West Life Assurance Company and London Life Insurance Company / GWL Realty Advisors Inc.

11.55

Ennisclare Centre - 1075 North Service Road W.

(Oakville)

2748355 Canada Inc. / Bentall Kennedy (Canada) LP

11.36

175 Bloor Street E.

CREIT Management L.P.

 

11.15

One University Avenue

Oxford Properties Group

 

10.98

40 University Avenue

Greystone Investments / Triovest Realty Advisors Inc.

10.67

North York Centre

Great West Life Assurance Company / GWL Realty Advisors Inc.

10.25

North York Square

Crown Property Management Inc.

 

10.08

CivicAction would like to acknowledge our 2015 Race to Reduce Awards Presenting Sponsors CBRE Limited and Toronto Hydro, Supporting Sponsors Enbridge Gas Distribution, Union Gas and Yardi, Contributing Sponsors Armstrong Fluid Technology, BOMA Toronto, Energy Network Services and HH Angus, Major Media Partner the National Post, and Industry Media Partners Canadian Property Management and REMI Network.

CivicAction is grateful for the support provided to the Race to Reduce by 2014/2015 Program Sponsors Enbridge Gas Distribution, Union Gas, GWL Realty Advisors, Oxford Properties Group, TD Bank Group, Cadillac Fairview, MMM Group, and Stikeman Elliott LLP. 

Our thanks to CNW Group for sponsoring this announcement.

About CivicAction's Race to Reduce: CivicAction's award-winning Race to Reduce is one of the largest regional energy challenges in the world. Launched in 2011, the Race to Reduce challenges Toronto region landlords and tenants in office buildings of all types, sizes and ages to work together to collectively reduce energy use in their buildings and to decrease the total energy use in participating office buildings by at least 10 per cent over four years. 196 buildings are registered in the Race to Reduce - over 69 million sq. ft. or over 42 per cent of the Toronto region's office space.  To read about initiatives Race participants have undertaken, click here.
For more information, visit: www.racetoreduce.ca or follow us on Twitter @racetoreduce

About CivicAction: For over a decade, CivicAction has played the role of neutral sandbox, bringing together senior executives and rising leaders from all sectors to tackle challenges facing the Greater Toronto and Hamilton Area. CivicAction builds partnerships and takes action through campaigns, programs and organizations that transform our region. For more information, visit: www.civicaction.ca, or follow us on Twitter @CivicActionGTHA.

SOURCE CivicAction

To arrange interviews, please contact: Sarah Harris, Director, Communications, sarah.harris@civicaction.ca, M (647) 267-4997Copyright CNW Group 2015


Source: Canada Newswire (November 6, 2015 - 9:00 AM EST)

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