(CHICAGO) – The Chicago office of Hines announced today that Citadel Center has received Silver certification under the U.S. Green Building Council’s LEED® for Existing Buildings rating system.
Owned by 131 South Dearborn, LLC, Citadel Center is currently managed by Hines.
Dearborn Capital Group LLC is the asset manager.
Located in the heart of Chicago’s downtown business district, the 1.5 million-square-foot, Class A office tower was designed by James DeStefano and Ricardo Bofill, and was completed in 2003.
The structure includes a low-rise portion on State Street and a 37-story tower to the west fronting on Dearborn Street.
Green features and programs include: high-efficiency fluorescent lighting in shared and tenant spaces; reflective window glazing; and a high-efficiency, raised-floor HVAC system which helps to provide occupants with more comfortable conditions, greater control over zone temperatures and, in warmer months, a more efficient system through which cool air is delivered at floor level and rising, warmed air is evacuated through ceiling ducts.
Additionally, Hines offers its proprietary GREEN OFFICE for Tenants program, which is designed to assist tenants in greening their office space.
“We are delighted that Citadel Center has been recognized with this award which, in our view, reflects the efficiency of the building infrastructure as well as the superior operational management of the on-site team,” said Oren Richland, principal of Dearborn Capital Group.
Dearborn Capital Group, LLC is a private real estate and principal investment company based in New York City, with assets and portfolio businesses in New York, Chicago, Florida, Atlanta and Texas.
Hines is a privately owned real estate investment, development and property management firm, with offices in 106 cities in 17 countries, and controlled assets valued at approximately $23.7 billion, making Hines one of the largest real estate organizations in the world.