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Shorenstein Receives LEED Gold Recertification for Denver City Center

Denver, CO – January 05, 2017 – Shorenstein Properties LLC announced the LEED Gold recertification of Denver City Center, a 1,256,650-square foot two-building office property located at 707 and 717 17th Street in Downtown Denver.  707 17th Street, which initially earned LEED Silver in 2011, demonstrated improved performance and moved up a rating level to earn LEED Gold.  717 17th Street, known as Johns Manville Plaza, maintained the LEED Gold status it initially achieved in 2011.  Recertification is required by the U.S. Green Building Council every five years to maintain the LEED for Existing Buildings designation. 

Denver City Center consists of two adjacent office buildings located in the heart of downtown Denver.  707 17th Street is a 42-story building incorporating the 20-floor Marriott City Center hotel and 22 floors of office space.  The second building, known as Johns Manville Plaza, is an adjacent 29-story office building. The property is central to Denver’s top food and leisure attractions, has exceptional access throughout the entire CBD and is immediately adjacent to both inbound and outbound light rail lines.  The 16th Street Mall is one block away, the Colorado Convention Center is three blocks away, and just minutes away from Pepsi Center and Coors Field. The two buildings share unobstructed views of the Rocky Mountains and Downtown Denver.  Under Shorenstein’s ownership, the company has upgraded 145,000 square feet of vacant space, created new amenities including state-of-the-art fitness and conference centers, and renovated the 30,000-square foot outdoor plaza with extensive landscaping, ambient lighting, outdoor seating and high-speed Wi-Fi.

LEED for Existing Buildings: Operations and Maintenance (LEED EB O&M) addresses energy efficiency, whole-building cleaning and maintenance issues (including chemical use), recycling programs, exterior maintenance programs and systems upgrades.  LEED EB O&M helps building owners and operators measure operations, improvements, and maintenance on a consistent scale, with the goal of maximizing operational efficiency while minimizing environmental impacts.

Some sustainability highlights of Denver City Center include:

  • Average ENERGY STAR Score:  87
  • Water use reduction standards
  • LEED-compliant cleaning procedures and supplies
  • Recycling and composting program
  • Regular e-waste collection events
  • Green construction standards
  • LEED-compliant pest control management
  • Secure bicycle storage for tenants
  • Outdoor B-Cycle Station

Shorenstein currently owns thirty-five LEED-certified buildings totaling fifteen million square feet, with the majority certified at the Gold level.  The company has been a firm advocate for sustainability within the real estate industry.  Shorenstein is a member of the Department of Energy’s Better Buildings Challenge, with a public commitment to reducing energy use 20% by 2020 and to sharing energy efficiency best practices with industry peers, as well as a Platinum-level corporate member of the U.S. Green Building Council and an Environmental Protection Agency ENERGY STAR for commercial buildings partner.  www.shorenstein.com/sustainability.

 

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 About Shorenstein Properties LLC

Founded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm active nationally in the ownership and management of high-quality office properties, with offices in San Francisco and New York.  Starting in 1992, Shorenstein has sponsored eleven closed-end investment funds with total equity commitments of $7.9 billion, of which Shorenstein committed $648.5 million.  Shorenstein uses its integrated investment and operating capabilities to take advantage of those opportunities which, at the particular time in the investment cycle, offer the most attractive risk-adjusted returns.  Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures.  These funds have invested in properties totaling 63.2 million square feet in transactions with a gross investment value in excess of $14.9 billion.