North America’s First Zero-Carbon Office Tower Opens in Vancouver
Oxford Properties has opened North America’s first zero-carbon office building in Vancouver.
The 37-storey Stack, located downtown at 1133 Melville Street, is the continent’s first office property to achieve the Canada Green Business Council zero-carbon building design standard, the company said in a news release.
The 550,000-square-foot building is jointly owned by Oxford, a Toronto-based subsidiary of the Ontario Municipal Employees Retirement System, and the Toronto-based Canada Pension Plan Investment Board.
More than 200 guests attended an official launch Tuesday. Tenants include the federally owned Business Development Bank of Canada, law firm Blakes, DLA Piper, Canaccord Genuity, EY and dating website operator Plenty of Fish.
The Stack achieved its zero-carbon status by implementing low-carbon building systems, triple-glazed windows and smart building technology that offers insights on energy management, optimal building performance and preventative maintenance.
A rooftop solar panel achieves 26,000 kilowatts of renewable energy annually.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.