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TIAA-CREF - 811 Barton Springs Road
811 Barton Springs Road
Showcase Project: TIAA-CREF
Location
Austin, TX
Project Size
158,000 Square Feet
Financial Overview
Project Cost $1.01 Million
Annual Energy Use (Source EUI)
Expected
Energy Savings:
27%
Annual Energy Cost
Expected
Savings:
$89,000
Background
TIAA-CREF’s decision to further improve the energy performance of 811 Barton, an already efficient suburban office building, reflects its on-going effort to identify and capture no-cost/low-cost opportunities across their portfolio of real estate.
Solutions
Working with its property manager and a sustainability consultant, TIAA-CREF, identified no-cost/low-cost measures and investment grade projects. Payback periods ranged from less than 1 year to over 10 years.
Other Benefits
TIAA-CREF’s efforts are expected to increase the ENERGY STAR rating of the office building at 811 Barton Springs from its current level of 92 up to a new level of 98.