Cordia, a commercial energy services company, is utilizing an innovative process to provide air conditioning for the Phoenix Convention Center, hotels, municipal and office buildings throughout downtown. This includes Chase Field – the town’s professional baseball stadium. The process runs 24 hours a day and 365 days a year by recooling water with an ice storage tank located below the Phoenix Convention Center overnight when electricity is cheap and then melting it during the day.
The firm has plans to expand its chilled water output by 10,000 tons through developing a fourth plant which could potentially serve University of Arizona’s medical campus buildings downtown as well as other nearby buildings. It is estimated that this project will cost between $40 million and $50 million with hopes of getting it online by spring 2025.
The post Installing $50M Cooling Plant in Phoenix | Phoenix Company appeared first on CRE MarketBeat.
