Entic, a provider of IoT and smart building technology, was selected by Willis Tower to deliver increased operational efficiency and utility savings to the iconic 110-story skyscraper at the heart of Chicago’s skyline. This deal marks the eighth engagement between Entic and Equity Office.
Standing 1,450 ft. and 110 stories tall at 233 S. Wacker Drive, Willis Tower offers more than 4.5 million square feet of premier office, retail and entertainment space. In February 2017, Equity Office announced a $500 million transformation of Willis Tower. Through the investment, Willis Tower will be reinforced as a civic destination and the city’s premier workplace.
“As we reinvent Willis Tower, a major focus of our effort is to increase the building’s energy efficiency and reduce operating expenses,” said David Moore, senior vice president – portfolio director, Equity Office. “Conservation of resources and environmental responsibility are critical to our work as stewards of this historic skyscraper and as leaders in the real estate industry.”
Entic’s best-in-class technology provides actionable operational and financial insights, in real-time, to help management achieve substantial utility cost reduction, year-round, despite ongoing construction and changing seasons. The company’s approach has documented portfolio-wide utility savings between 10 percent and 20 percent for clients such as Hilton Worldwide.
“We are excited to partner with Willis Tower and look forward to helping them adopt proven tools and practices that will drive significant savings,” said Carlos Diaz, co-founder of Entic.