Tag Archive for: chris rotolo

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

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Stiles Property Management and PGIM Real Estate announced that 200 East Las Olas, a 21-story mixed-use Class A office tower in the downtown Fort Lauderdale central connectivity district, has achieved LEED Platinum certification. LEED (Leadership in Energy and Environmental Design), developed by the U.S. Green Building Council (USGBC), is the most widely used green building rating system in the world and an international symbol of excellence. Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices. 200 East Las Olas is managed by Stiles Property Management, the property management division of the Southeast-based full-service development firm Stiles, and owned in partnership by Stiles and PGIM Real Estate, the $206.8 billion real estate investment and financing business of global asset manager PGIM.

“Green buildings provide strong financial incentives to both owners and tenants to reduce utility bills in the face of rising energy costs,” commented Stiles Property Management President Chris Rotolo. “Cultivated from decades of development and ownership experience, our sustainability program is one of the most effective in reducing building operating expenses while maximizing the value and performance of buildings. As a result of our initiatives, we are proud to report that our clients generally achieve a ten percent reduction in operating expenses only 30 days after we take over an assignment.”

200 East Las Olas achieved LEED certification for implementing practical and measurable strategies and solutions in areas including water savings, energy efficiency, materials selection and indoor environmental quality. The rating system evaluates environmental performance from a whole building perspective over a building’s life cycle, providing a definitive standard for what constitutes a “green building.”

“Driven by a core belief that corporations have a responsibility to their local community and the global environment, Stiles has consistently taken a strong, proactive approach to resource conservation, waste reduction, environmental protection, and sustainability with its use of state-of-the-art technology,” stated the USGBC report to Stiles.

The management team on 200 East Las Olas consists of Senior Property Manager Paige Miller, Assistant Property Manager Daychelle Trim, Building Engineer Lance Keller, and Maintenance Technician Musset Pierre. Developed by Stiles in 1989, 200 East Las Olas was the first Class A office project to be erected on Las Olas Blvd. The 21-story mixed-use office tower features panoramic views of downtown, the ocean and the New River. The property has undergone several renovations, the most substantial of which took place in 2018 and included lobby, lighting, elevator, and interior design upgrades.

According to USGBC studies, energy savings for green buildings average 25% over conventional buildings, which equates to annual savings of $135,000 for a typical 200,000 square foot office building. In addition, some of the same green design features that make buildings less expensive to operate also result in more contented, productive and healthy workers.

 

Class A Office Tower On Las Olas Undergoes $3M Renovation, Achieves LEED Gold

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Stiles announced today that its leased and managed Class A office building located at 200 East Las Olas Blvd. is undergoing a $3 million renovation while casual eatery Beehive Kitchen prepares to open its second restaurant location on the ground floor this month. In addition, the office tower recently achieved LEED Gold certification, a national benchmark of sustainably by the U.S. Green Building Council (USGBC).

 

“We are thrilled to provide our tenants with an enhanced working environment and another quality restaurant option,” said Rick Stein, Stiles Asset Manager. “From new lobby finishes to interior and exterior lighting that will set the building apart, we aim to create a sense of luxury that rivals the newer office buildings on Las Olas.”

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Developed in 1989, 200 East Las Olas was the first Class A office project to be erected on Las Olas Blvd. Stiles Tenant Project Management Services lead by Vice President Mike Miller is completing the renovation. It will be the most substantial renovation since the building’s completion and includes lobby upgrades with modern wood finishes, updated elevator atriums, new furniture and enhanced interior lighting. In addition, new exterior lighting was recently installed along the front of the tower to illustrate its unique architectural design within the downtown skyline.

According to property manager Judy Carter, the team went through an extensive process to achieve Gold certification.

“We analyzed everything from weekly meter readings to prove utility efficiency, vendor products to ensure they were LEED compliant, lighting sensor inspections, even a tenant transportation study to show the high volume of fuel efficient vehicles, amongst other things,” said Carter.

“Sustainable practices have become a Stiles Property Management standard that has helped to cut down building operating expenses while maximizing the value and performance of our buildings,” commented said Stiles Property Management president Chris Rotolo. “As a result, our clients generally achieve a ten percent reduction in operating expenses only 30 days after we take over an assignment.”

200 East Las Olas is a 21-story mixed-use Class A office tower featuring panoramic views of downtown, the ocean and the New River. More than 2,200 new residential units are in development within a one-mile radius and the tower is planned to be a stop on the city’s new Wave trolley service. Easily accessible from I-595, I-95 and US-1, 201 East Las Olas is within a ten-minute drive of Fort Lauderdale/Hollywood International Airport and Port Everglades.