This facility was a "see
through" building, due mainly to the poor HVAC system.
Everybody knew that if you had an
office in this building, you were going to be uncomfortable. Leasing agents
had a very tough time even getting prospective tenants into the building to look at
a space.
The main,
multi-floor tenant had reduced their presence
in the building, moving their people to other sites, and had threatened litigation and
cancellation of their leases at other
buildings with this owner unless this facility was made habitable.
Three of the
floors were unoccupied, and the other three floors had an average of 30% to 40% occupancy. Overall, the building was estimated to be 20%
occupied.
There were
actually not that many day-to-day complaints from the few people left in the building, as
those that remained had resigned themselves to being uncomfortable, until they could get
transferred to another site.
Having a
window office in this building meant you had
irritated someone above you, and they were taking revenge.
The north face was always cold, the east face got overheated in the winter
mornings, and the south and west faces had return air temperatures that we measured at
92°F on an 85°F ambient day. Not a pleasant
place to work.
ROI was
requested to work with a design-build contractor as their Engineer, in a design
competition against another $150,000,000 design-build contractor. The ROI design was selected and built at a cost
approximately 22% less than the competitive design would have cost.
Within three
months of the retrofit completion, leasing picked up dramatically. Within 8 months of completion, the facility was
fully leased (97%) and fully occupied.
The leasing
agents attribute this rapid lease-out to word on the street that the building
was cured of its HVAC problems, and it was now a great place to work.
We
have been told by the owner that the energy consumption has dropped by over 22% since the
retrofit, while the occupancy of the facility has increased almost five-fold. |