MINNEAPOLIS, June 9, 2015 Honeywell (NYSE: HON)
today announced that it is working with Menkes Developments Ltd.
, a Toronto-based real estate firm, to help trim energy and operational costs at the firm's 25 York Street
property, also known as Telus Tower.
Opened in 2010, 25 York Street is a 30-story commercial facility and a prominent fixture on the Toronto skyline. It is also a world-class smart building, featuring connected systems designed and delivered by Honeywell. To identify new opportunities to improve efficiency and the environment for occupants, Honeywell will now provide cloud-based services that analyze facility performance data and turn it into actionable recommendations.
"We are committed to pushing the boundaries of smart buildings, identifying new methods to leverage connectivity and improve our facilities," said Sonya Buikema, vice president, commercial property management, Menkes. "Honeywell's technology and services complement our philosophy, and expand the ways in which we're able to drive performance and better serve our customers."
"Even the most advanced facilities will experience a gradual decrease in performance over time, and it can be difficult to identify and address those issues before they negatively impact the bottom line," said John Rajchert, president of Honeywell Building Solutions
. "Honeywell has the tools and expertise to make it easier for companies to not only know what is happening in their facilities, but to also take the appropriate actions to keep them operating at a high level."
As part of the project, Honeywell will deploy its Attune™ Services
, which include software that connects buildings to advanced analytics, and a global network of energy and facility experts to optimize operations. Attune will help facility managers sift through complex data from building automation systems to pinpoint potential improvements, and develop action plans to enhance energy and operational efficiency.
The project also includes the addition of the U.S. Green Building Council's (USGBC) LEED® Dynamic Plaque™
, a monitoring tool that will display the facility's current performance across five categories: energy, water, waste, occupant transportation and human experience. The plaque will help 25 York Street continue to meet the highest green building standards and maintain its LEED Platinum certification. It will be the first plaque in Canada, and Honeywell will complete the installation with the support of USGBC and the Canada Green Building Council
Attune and the LEED Dynamic Plaque will be implemented at 25 York Street by summer 2015. Both tools will supplement the integrated technology from Honeywell that currently powers the facility, which includes heating, cooling, lighting, security and safety systems.
Honeywell ( www.honeywell.com
) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com
Menkes Developments Ltd. is an award-winning, fully integrated real estate company involved in the construction, ownership and management of office, industrial and residential properties. Menkes was founded in 1954 by Murray Menkes, who initially carried on business as a builder of single family homes. Over the years, the company expanded significantly and branched out into other areas of real estate, and is now one of the largest private Canadian developers of office and industrial properties and residential communities. Menkes has developed a portfolio of high quality, strategically located industrial and office buildings in the Greater Toronto Area, including the Beaver Creek Business Park in Richmond Hill, the Procter & Gamble building in North York, the LEED-Platinum 25 York Street (TELUS House), and One York Street tower (which is currently under construction and will be known as the Sun Life Tower upon completion) in downtown Toronto's South Core district. For more information about Menkes, please visit www.menkes.com
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