Press Release: Hines
March 21, 2001
HOUSTON, TX -- Hines, the international real estate firm, is being recognized by the Environmental Protection Agency's
(EPA) ENERGY STAR® program for its outstanding efforts at energy conservation in buildings it owns and/or manages.
EPA Administrator Christine Todd Whitman will commend Hines' accomplishments in a special dinner ceremony on March
20, 2001 in Washington DC.
The 2001 Energy Star awards recognize the voluntary leadership of organizations that promote pollution prevention
through energy efficiency in their buildings. More than 7,000 organizations are participating nationally with EPA-estimated
net electricity savings valued at more than $4 billion a year.
``The Energy Star award for buildings rewards top energy performance in publicly and commercially-owned buildings.
A comprehensive approach to energy efficiency, including lighting, ventilation, and heating and cooling equipment,
reduces a building's energy cost by about 30% while also reducing air pollution. This year we are proud to acknowledge
Hines as a leader in building-energy efficiency and environmental stewardship,'' said the EPA's Kathleen Hogan,
Director, Climate Protection Partnerships Division.
In 2000, Hines more than doubled its participation in the 18-month-old program, with 32 of Hines' major commercial
properties in the United States having received Energy Star certification to date. These 32 buildings, representing
12 percent of the total number of Energy Star commercial buildings, translate to more than 28 million gross square
feet, or 39 percent of the gross square footage of all Energy Star-certified properties across the country.
The EPA also noted that Hines' energy management performance was particularly exemplary in relation to its peers.
Hines-managed properties consume significantly fewer British Thermal Units (BTUs) per square foot than those of
its industry competitors. According to the United States Department of Energy (DOE), the average annual energy
consumption in U.S. commercial office buildings is approximately 110,000 BTUs per square foot; the Hines average
over the past four years is 84,100 BTUs per square foot-23.5 percent lower than the national average.
``These days, conservation of our natural resources is on our minds more than ever,'' said Hines President Jeff
Hines. ``We are pushing all of our property teams to aim for EPA Energy Star certification-it makes good business
sense and it's the right thing to do.''
Hines' Energy Star-certified properties include several in Hines' home city of Houston, including One Shell Plaza,
Greenspoint Plaza, Williams Tower and Phoenix Tower. The roster of notable Energy Star buildings also includes
the following:
Washington, DC: Franklin Square, 370 L'Enfant Promenade,
Columbia Square, 600 13th Street, 700 11th Street
and One Franklin Square
San Francisco: 343 Sansome
Los Angeles: Sanwa Bank Plaza/Figueroa at Wilshire
Minneapolis: US Bank Place, Pillsbury Center
and Wells Fargo Center
Boston: Five Hundred Boylston and Two Twenty Two Berkeley
Cleveland: The Huntington Building
Detroit: Comerica Tower at Detroit Center
Columbus: Huntington Center
Seattle: Bank of America Fifth Avenue Plaza
Hines is a privately-owned real estate firm involved in developing, managing, leasing and acquiring real estate,
as well as providing a wide range of advisory services. The Hines portfolio currently includes more than 660 properties
representing 212 million square feet of office, mixed-use, industrial, retail and residential properties, as well
as large, master-planned communities and land developments. With offices in 73 U.S. cities and 11 foreign countries,
and assets in excess of $10 billion, Hines is one of the largest real estate organizations in the world. Access
http://www.Hines.com for more information.
SOURCE: Hines