HOTEL & CONDOS
New York, New York
Year Built 1931
Uncertain economic and logistical feasibility of inserting large cogen plant into late stage redevelopment (MEP designs were advanced)
Assembled world-class design, build, own, operate, maintain (DBOOM) team to develop concept, guarantee savings and assume risk.
Creatively optimized plant size and location to maximize energy savings for owner.
Satisfied owner on key feasibility concerns including schedule, BIM coordination, emissions, noise and rigging during a 12 month underwriting period.
100 percent of necessary funds secured to pay for design, construction and long-term operation and maintenance of new cogen (plus boiler) system.
Significant annual savings after annual energy payments to plant owner (savings amount confidential).
Resiliency from all of heat and roughly 75 percent of electricity generated on-site.