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 Industry News Item Added on September 27, 2004


Bank of America Plans Green Manhattan Tower

NEW YORK, N.Y. -

Bank of America Corp. broke ground in August 2004 on One Bryant Park in Manhattan, a 52-story skyscraper designed to meet the platinum LEED® (Leadership in Energy and Environmental Design) designation. Designed by Cook & Fox Architects of New York, the facility features a gray-water capture and reuse system for rainwater and wastewater; an onsite 5.1-megawatt co-generation power plant that provides seventy percent of the building's daily power suppy; and recyclable and renewable building materials. The building will utilize a double-wall technology with an external transparent appearance and a floor-to-ceiling insulated glass interior, providing high levels of natural light. LED lights with daylight dimming will also enhance energy savings. The sustainable design features of the facility added approximately $15 million to a $1 billion total development price. The $8 million co-generation plant will save up to $1 million a year in energy costs. Occupancy is slated for 2008.



 
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