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Case Study

A Soaring Monument to Sustainability

Bank of America set lofty standards for its new headquarters building: nothing less than world’s first LEED Platinum accredited skyscraper. With our help, the bank launched a strategy to consolidate seven offices across greater New York into one 52-story sustainable workplace in midtown Manhattan. After our real estate financial specialists structured a joint venture agreement between the bank and a private investor, building design and construction were underway.

Our Energy and Sustainability experts joined the project team to help introduce a green deluge of top-to-bottom environmentally friendly innovations. The office tower includes everything from green roofs to reduce urban heat and collect rainwater, to a cellar-level thermal storage system that makes ice in the evening, when utility demand and rates are lowest. Most eco-friendly features are appearing for the first time in a project of this size. And execution included delivering materials and removing all construction waste through gridlocked Manhattan traffic each day, not to mention assuring the safety of up to 3,000 workers daily plus hordes of rubber-neckers viewing the spectacle.

When filled, the 2.1 million-square-foot tower will accommodate not only Bank of America employees, but entertainment, retail, and even a historic Broadway theater whose restored facade has been incorporated into the building’s footprint. By all measures, including public esteem, the bank has reached the clouds with its new headquarters.

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