This retrofit is the largest C-PACE project to-date in the state of Colorado.
GREENWOOD VILLAGE, Colo. (February 1, 2018) – Today, two six-story office buildings in Greenwood Village’s Fiddler’s Green Center are taking the first step toward an even more energy-efficient future. At the conclusion of this $7.1 million energy retrofit project—which includes both hard and soft costs—the Fiddler’s Green Center buildings will save $385,000 in annual energy and maintenance costs, representing a 30 percent savings. The project begins today and is expected to be completed later this summer.
These twin buildings total 414,000 square feet, and energy-saving work in the coming months will focus on replacing roof-top units, upgrading controls, revamping lighting, updating water fixtures, installing next-generation metering of all tenant spaces, pursuing LEED certification, and kicking off a 3-year Active Energy Management (AEM) program.
This project is a collaboration between John Madden Company, the owner of both buildings; McKinstry, an energy service company and design builder; Bellco Credit Union, the project financier; Integro, the finance consultant; and the Colorado C-PACE program, which facilitates financing for energy and water improvements in Colorado’s commercial and industrial buildings.
“We’ve been saving energy alongside John Madden Company since 2012, and this project will allow that partnership to reach even greater heights,” said McKinstry Business Development Director Phillip Saieg. “It’s the best of both worlds, because these energy improvements pay for themselves with savings while also boosting occupant comfort.”
“We think our tenants at Fiddler’s Green Center will be more comfortable and content than ever once this project is completed,” added John Madden Company CEO Blair Madden Bui. “We’re proud to work with McKinstry to make these buildings sustainable and comfortable for decades to come.”
Notably, this project will be the largest-ever financed through Colorado’s C-PACE program, establishing a new benchmark for excellence in C-PACE energy efficiency projects.
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