Minneapolis is considering a proposal that would force commercial buildings to receive public ratings based on their energy-efficiency

November 29, 2012 at 4:27 pm

How would this work?

  • Building owners would be required annually to benchmark their energy and water use through software such as ENERGY STAR Portfolio Manager.
  • The city would report the data through a website.
  • Building owners would be required to disclose the data to tenants and prospective buyers, tenants or lenders.
  • Compliance would be phased in.

Draft Minneapolis Building Rating & Disclosure Policy

The proposal, authored by Council member Elizabeth Glidden, will get its first hearing in January.

Mayor and City Council members

“Commercial building may be forced by city to report energy use.”
Star Tribune, November 26, 2012
Read the full article.

  • “Unfortunately, we see this as a sign of things to come.” Karen Penafiel, VP, BOMA International
  • “It’s just been a non issue, quite frankly.” Kent Cleveland, VP, BOMA, San Francisco
  • “The result could be a loss of value for certain members of ours.” Kevin Lewis, Executive Director, BOMA Minneapolis

NAIOP Building Owners and Managers—What are your thoughts on proposals like this?
Email Kaye at KayeRakow@harringtoncompany.com.

Entry filed under: Featured Articles, Public Policy | Government Affairs.

Video: Commercial Real Estate’s Contributions to the Economy Environmental Congress Citizen Forums

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