Vicinity
Summary
Today, landlords must compete for tenants among various alternative options, from co-working to work-from-home models and other hybrid options. Attracting tenants can be difficult in major metropolitan cities with high real estate values and limited space. That’s why appealing to tenants entails various techniques—and clean energy is a significant driver.
A building’s heating and cooling solution can influence tenant lease decisions and future commitments since energy drastically impacts cost, space availability, and sustainability. With district energy, building owners can free up additional amenity space, reduce energy expenses, and demonstrate sustainability benefits to potential tenants and the community.
Across the U.S., leading cities are enacting building performance standards that require buildings to reduce their carbon emissions, making low-carbon sustainable energy a non-negotiable requirement for commercial offices. Many commercial owners are partnering with district energy systems to meet looming carbon requirements and continue to appeal to eco-conscious tenants.
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