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Commercial Member News

August 16, 2017 11:15 AM | Deleted user

The Building Group, which manages over one billion dollars in real estate along Chicago’s Lakefront, has moved to 1221 North LaSalle Street. Now more centrally located to serve its portfolio of luxury condominium, cooperative, rental and mixed-use properties, The Building Group’s new home is also a testing ground for green techniques. The redesign and repurposing of the building – which includes apartments, commercial and retail space – signals the firm’s continued pursuit of earth-friendly tactics that save money for clients.

President Jim Stoller explains that The Building Group’s commitment to maximizing the value of its clients’ real estate complements the firm’s commitment to sustainability.  “The new facility is our ‘innovation laboratory’ where we explore ways to reduce the overall carbon footprint as well as the operating costs of a building.”

The building’s interior has all LED lighting and VOV-free paints, plus other green features such as an indoor bike rack and uses eco-friendly cleaning supplies. Lowering our environmental impact, however, takes many forms and “doesn’t necessarily mean installing windmills,” says Stoller. “It means being smart about resources.” For example, rather than a single temperature for an entire office, there are multiple zones for heating and cooling, resulting in more targeted control. And instead of traditional carpeting, carpet tiles are used which can be replaced individually if stained or damaged.  

Ultimately, the systems and techniques that are successful at 1221 N. LaSalle are added to The Building Group’s toolbox of client services. Cost-saving green methods have been used for years throughout the Building Group’s real estate portfolio, concentrated primarily in the Streeterville and Gold Coast neighborhoods. These include paperless electronic communication and assessment/rent-collection systems; sophisticated recycling programs for paper, electronics, batteries and light bulbs; using high efficiency equipment; and roof gardens.

A licensed architect and MBA (Northwestern), Stoller founded The Building Group, Inc., over 20 years ago. Today, the firm is Chicago’s most technically and service oriented property management company. Its team of over forty in-house experts provide its many clients with rigorous and secure financial controls, extensive educational resources, superior communication and ethical and transparent operating procedures.  

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