Brookfield Properties Leads in Energy and Water Reduction Strategies in Downtown Los Angeles
LABBC Case Study
PROPERTY OWNER
Brookfield Properties
PROPERTY TYPE
Downtown L.A. Office Portfolio
SQUARE FEET
11 million (10 properties)
2023 Innovation Awards: Innovator of the Year
As the single largest landlord in downtown Los Angeles with roughly 11 million square feet across 10 properties, Brookfield Properties has an outsized influence on the city’s success in decarbonizing the built environment and reaching sustainability goals. It is clear the real estate giant takes this responsibility—to Los Angeles, the communities in which it operates and the planet—seriously. Brookfield has made a commitment to achieve net zero carbon emissions by 2050 or sooner, as well as an interim target of a 50% reduction in direct emissions from a 2019 baseline by 2030.
In service of that goal, last year Brookfield initiated or completed several notable projects within its Downtown L.A. portfolio to reduce energy and water use, including LED retrofits, a groundwater recapture system at Bank of America Plaza, participation in LADWP’s demand response program and a comprehensive renovation of the two-million-square-foot California Market Center in the Fashion District. These projects and more contributed to an 18% reduction in energy use and a 40% reduction in water use for Brookfield in Downtown Los Angeles between March 2019 and March 2022, according to data provided by ENERGY STAR Portfolio Manager.
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