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Toronto's Commerce Court wins BOMA Earth Award, achieves BOMA BESt Level 3

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Toronto's Commerce Court, owned by the British Columbia Investment Management Corporation (bcIMC) has received the 2010 Earth Award in the Office Park Category and the BOMA BESt Level 3 Certification from the Building Owners and Managers Association of Greater Toronto (BOMA) Toronto. These awards are given in recognition of environmental leadership in the building industry.

Situated at King and Bay, Commerce Court is located in the heart of Toronto's financial district.

"A priority is establishing an ongoing environmental leadership position for Commerce Court. We were delighted to learn that our prudent but progressive approach to capital investments and sustainable initiatives has resulted in us achieving this recognition, says Chuck Swanson, Vice President, Real Estate, bcIMC. "Today, Commerce Court offers a comfortable and environmentally-friendly environment, and we applaud our tenants for their efforts in helping to make this happen."

Commerce Court has introduced energy conservation measures such as upgrading to a new state-of-the-art tenant metering system, which has resulted in a 5% reduction in energy consumption or 1,350,000 KwH saved each year. In addition, the tenants have also been instrumental in achieving an 84% waste diversion rate or the equivalent of 41,000 tonnes of waste diverted from landfill sites. These measures together with upgrades to the lighting, heating and electrical power conditioning systems and the innovative Deep Lake Water Cooling System have contributed to Commerce Court's success in energy conservation. The Deep Lake Water Cooling System was installed in 2005 and continues to save an average of 6,768,911 kwh per year or 11% of the building total energy consumption.

For tenants, the sustainability initiatives lead to greater comfort and cost savings with respect to energy consumption. Improved comfort controls and enhanced functionality contribute to overall tenant satisfaction.

The BOMA Earth Award recognizes excellence in environmentally sound office building management. BOMA BESt Level 3 Certification is a certification program that recognizes achievements in energy and environmental performance.

Commerce Court is managed by GWL Realty Advisors.

www bcimc.com
www.bomatoronto.org


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