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In order to meet these targets, building owners will make improvements to boilers, heat distribution, hot water heaters, roofs and windows, requiring deeper changes during their replacement or refinancing cycles over the next 12 to 17 years
State and local governments and consumer demand will continue to push commercial real estate development toward more environmentally efficient practices, according to sources in this <b>EXCLUSIVE</b> commentary.
In addition to the need to replace the power generated by the Indian Point nuclear power plants, the city also faces an aging energy infrastructure with more than 50%, or approximately 5,500 MW, of in-city generation produced by plants that are more than 40 years old.
The public/private partnership between the city and Trammell Crow four years in the making takes an under-used piece of property and redevelops it, providing essential housing and retail that benefit Oakland without displacing anyone in the area.