Projects will create more than 1,000 jobs and will eventually save the buildings more than $5 million annually in energy costs, said Mayor Rahm Emanuel.
In an effort to make the city more energy efficient and attractive to business, Mayor Rahm Emanuel on Tuesday announced that 14 commercial buildings had signed on to his Retrofit Chicago's Commercial Buildings Initiative.
The projects, his office said, will create more than 1,000 jobs and will eventually save the buildings more than $5 million annually in energy costs.
"Today is a major step forward for the City of Chicago, as we create a private sector complement for the work we are doing to ensure energy efficiency in our municipal buildings and infrastructure," he said in a statement.
The buildings, totaling 14 million square feet, range in age from 7 to 117 years old, the mayor's office said.
The mayor touted the effort during a visit to St. Cornelius School, in Jefferson Park on the city's northwest side. PepsiCo on Tuesday named the school its grand prize winner in the Dream Machine Recycle Rally "Dream Green School Makeover" contest. The school was awarded $50,000 to help fund green improvements.
"The private sector is joining the kids at St. Cornelius in a new energy and environmental policy for the whole city," he said. "Obviously you guys won [the PepsiCo challenge], but 899 other schools learned something also, about environmental policy, about working together, about setting a goal and about achieving something."
The buildings set to undergo retrofit projects include:
The projects will not be funded through the "Retrofit Chicago" program unveiled in March.
"[Building owners and managers are] going to do it from their own self-interests and their own capital," Emanuel said.