Connected to the world-class 2,300 seat Schuster Performing Arts Center, Performance Place is an 18-story high rise with eight floors of office space and nine floors of luxury residential condominiums. Originally constructed in 2003, an initial review of the building operation indicated the aging systems and controls offered an opportunity for optimization within the commercial office space.
With commercial tenants ranging from law firms to restaurants, comfort and consistency of HVAC system performance were key considerations. Partnering with the property manager and the board of advisors (comprised of tenants and other technical staff), Heapy identified an opportunity to reduce electricity consumption by 9%. $31,000 in annual energy cost avoidance was achieved with a net out of pocket under $6,000 – a simple payback of 3 months!