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Chicago CRE Gets Mixed Grades on Sustainability
Chicago ranks at No. 3 on CommercialCafe’s list of LEED-certified cities, with nearly 13% of its existing office and multifamily properties receiving the designation. Yet, Illinois’ largest metropolis comes in 30th overall out of 40 cities ranked on sustainability by CommercialCafe, due mainly to its high carbon emissions and its rather high ratio of coal and natural gas-fired electricity generation.
The Emanuel administration recognizes buildings as the number one source of greenhouse gas emissions in Chicago, and has rolled out the Retrofit Chicago program, which aims to “save green by going green,” CommercialCafe reported. Including municipal, commercial, and residential buildings, the project has so far increased the energy efficiency of roughly 54 million square feet of the city’s buildings.
Administrative efforts will be focused on energy and transportation, with a $2.6-billion grid modernization project underway, the creation of better bike lanes and plans for the city’s first fleet of electric buses.
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