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Constellation, Vistra and PSEG could be next to ink nuclear-data center supply deals: S&P
Higher power prices are creating opportunities for nuclear operators to serve data centers that co-locate nearby, S&P Global Ratings said.
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Facilitron’s AI capabilities aim to reduce user workloads, error rates
Enhancements to the platform include duplicate work order detection, predictive text generation for maintenance requests, preventative maintenance capabilities and automated document verification, the company says.
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ABM lands $25M deal with Phoenix for city airports
The facility services company will provide janitorial cleaning services spanning 4.8 million square feet of space across Phoenix Sky Harbor International Airport, Deer Valley Airport and Goodyear Airport, it says.
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How can more companies use 24/7 clean energy? Hourly matching is ‘not the hard part,’ analysts say
Despite the availability of technology to match emissions with energy generation on an hourly basis, insufficient data and renewable generation pose real barriers, decarbonization leaders say.
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CBRE partners with Climate X to help property owners tackle climate change
The agreement will help clients calculate climate-related risks and return on investments for retrofits or acquisitions that can boost resiliency, the real estate services firm says.
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Boston mayor appoints new public facilities leaders
The new executive director and deputy director will guide a department managing over 100 projects, including renovations, repairs and upgrades at schools, libraries and other buildings across the city.
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Office spaces are leading CRE stress, Wells Fargo, PNC CFOs say
“Older office buildings that are not renovated in certain areas of different cities are the places that you’re seeing the most stress,” Wells Fargo CFO Mike Santomassimo said Tuesday.
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WeWork taps new CEO from Cushman & Wakefield as it exits bankruptcy
John Santora, a more than 40-year Cushman & Wakefield veteran, has been appointed as CEO and director, effective June 12, WeWork said.
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High-performing submarkets show location and quality are key in life sciences
Ongoing movement to top-tier facilities in core markets is underscoring the need for lab operators to improve space and add attractive amenities, according to JLL.
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NYC approves second set of zoning changes
The updates remove a decades-old rule that barred certain commercial building uses, among the changes that aim to boost commercial corridors, promote life sciences activity and bolster manufacturing in the city.
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Q&A
Budderfly’s CEO on accelerating clean technology adoption in commercial buildings
Al Subbloie discusses the slow adoption of ground-source heat pumps and highlights the benefits of outsourcing energy management and using software to boost efficiency and cut carbon emissions.
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Johnson Controls launches global data center business
The new entity will focus on leveraging Johnson Controls’ scale to provide integrated solutions to data center customers as the company sees surging revenue from this market.
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Planning for parking demand today and tomorrow
Experts see declines overall but growth in some areas and facility types, with the only certainty being more change ahead.
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Sustainability upgrade value could offset office fit-out costs as price increases slow
Green energy solutions and low-carbon materials could offer long-term returns on investment, according to fit-out guides by CBRE, Cushman & Wakefield and JLL.
Updated June 12, 2024 -
Tax on gas-powered large buildings will go to voters in Berkeley, California
The ballot measure would tax buildings 15,000 square feet or larger based on gas consumption, estimated methane leaked during the delivery of gas and the social costs of carbon and methane.
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Geothermal system is a US first
The networked, utility-owned system in the pilot could replace fossil fuel for heating and cooling across 36 buildings, including five commercial buildings.
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Facilities management conferences ahead in 2024
Improving building management processes, streamlining operations and meeting sustainability goals are key focal points at events across the U.S.
Updated June 7, 2024 -
$45M available for energy efficiency retrofits: DOE
Washington, D.C., and five states are receiving funds for revolving loan programs that small businesses can tap for energy audits, upgrades and retrofits, the U.S. Department of Energy said.
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DOE releases zero-emissions building definition, part 1
The definition will bring clarity to support decarbonization efforts and enable clean energy technologies that can make U.S. buildings more comfortable, said U.S. Secretary of Energy Jennifer Granholm.
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Insurance costs of US commercial buildings could jump almost 80%, on average, by 2030: Deloitte
To combat rising costs, driven by increasing climate risks, property owners should consider prevention measures, self-insurance and relocation, a report says.
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Illinois bill to swap fluorescent lamps for LED lights awaits governor’s approval
The Illinois State Senate and House of Representatives have passed legislation to phase out fluorescent bulbs. The legislation, if signed into law, is expected to provide over $1.5 billion in utility savings.
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5 US cities prime for office-to-residential conversions
Many office buildings have layouts that are difficult to turn into housing, but the pipeline of conversions remains strong, according to an Urban Institute analysis.
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JLL taps Kristen Vosmaer for its Work Dynamics data center business
The firm says hiring the former GLP executive will help it meet client demand as the data center industry experiences “massive, unprecedented growth.”
Updated June 5, 2024 -
Cove implements its building operating systems across EQ Office properties
The system, which manages work orders, preventive maintenance and inspection, will also allow tenants and visitors to unlock entrances from their phones, the company said.
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Work-based youth learning programs can augment talent development strategies, report says
Even as companies launch apprenticeships and courses in areas like machine technologies, employers express concerns about a lack of funding and staff resources to run internship programs.