(DENVER) – Hines, the international real estate firm, and Invesco Real Estate, the global real estate investment manager, announced today that 1515 Wynkoop has earned Platinum certification under the U.S. Green Building Council’s (USGBC) LEED® rating system for Existing Buildings.
Completed in 2009 and currently owned by a separate account pension fund client of Invesco Real Estate, 1515 Wynkoop is a premier eight-story 306,791 square-foot-office building located on the northwest corner of 15th and Wynkoop in the heart of Denver’s Lower Downtown (LoDo) neighborhood. 1515 Wynkoop’s achievements include monthly landfill diversion of over 50 percent through recycling – including e-recycling, cooking oil recycling, lamp and battery recycling, and supporting a home e-recycling program; partnering with general contractors to maximize trash diversion during tenant improvement construction; garage re-lamp project saving approximately 69,520 kWh each year; strong support for alternative commuting including electric vehicle charging stations and ample bike storage with locker rooms and showers resulting in 63 percent of building occupants utilizing alternative modes of transportation.
In addition to this sustainability milestone, 1515 Wynkoop has earned the ENERGY STAR label every year since 2010. With a current score of 95, the building ranks in the top five percent of U.S. office buildings in terms of energy efficiency. This translates to estimated annual greenhouse gas reductions equivalent to removing 733 passenger vehicles from the road.
“We are extremely pleased to achieve LEED Platinum at 1515 Wynkoop,” stated Duncan Walker, Senior Director - Asset Management at Invesco Real Estate. “Invesco Real Estate takes sustainability very seriously and the LEED Platinum certification is a way for us to demonstrate this to our tenants, the local community and our clients. We recognize and appreciate the hard work and tenacity shown by Hines in this accomplishment.”
“Hines has a long-standing commitment as an industry leader in sustainable and high-performance development and this elevation to Platinum status for 1515 Wynkoop represents that,” commented Liz Taylor, Vice President-Property Management.
Hines Senior Managing Director and Global Sustainability Officer Gary Holtzer, added, “Achieving LEED Platinum is a testament to the value of applying solid, proactive operating principles to create efficiencies, cost savings and long-term value. Continuous improvement by the on-site Hines staff was at the core of moving this building to Platinum.”
Designed by Hartman-Cox Architects, the exterior of 1515 Wynkoop is clad in brick and glass, in keeping with the historical tradition of its neighbouring structures. Maximizing natural light in tenant spaces, the building contains full-height windows and 9’4” finished ceiling heights, a first for Denver’s CBD. The building features a grand lobby entrance directly off Wynkoop; 26,000 square feet of retail space on the first level; more than 10,000 square feet of outdoor terrace space spread across various levels of the building; and 415 below-grade parking spaces.
About Invesco
Invesco is a leading independent global investment management firm, dedicated to helping people worldwide build their financial security. By delivering the combined power of our distinctive worldwide investment management capabilities, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high net worth clients around the world. Operating in 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
About Invesco Real Estate (IRE)
Invesco Real Estate is a global leader in the real estate investment management business with $68 billion in real estate assets under management, 447 employees and 21 regional offices across the U.S., Europe and Asia. The firm was established in 1983 and has been actively investing in core, value-add and opportunistic real estate strategies since 1992. Invesco Real Estate is a business name of Invesco Advisers, Inc. which is an indirect, wholly owned subsidiary of Invesco Ltd., (NYSE: IVZ), one of the largest investment management firms in the world with $813 billion in assets under management and on-the-ground presence in 29 cities worldwide. Information as of December 31, 2016.
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. The firm has 105 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
