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Thor Equities Group Joins With Buildings IOT for NewConstruction Property

Construction Tech Review | Wednesday, November 24, 2021

Smart building solutions from Buildings IOT assist lower operating expenses, enhance the lifespan of building assets, and reduce energy waste and carbon emissions from buildings, in addition to helping to deliver healthier indoor environments.

Fremont, CA: Smart buildings, at their most basic level, provide beneficial building services that make inhabitants more productive at the lowest cost while reducing environmental impact over the building's lifetime. As pressure increases on building owners to provide safe and healthy places for tenants, their employees, and customers, Thor Equities Group has teamed up with Buildings IOT to assure optimal building health for its new-construction property located at 800 West Fulton Street in Chicago, Illinois. Buildings IOT established its onPoint Enterprise platform as the project's Master Systems Integrator to create an advanced building management solution for 800 Fulton that monitors, analyses and provides command-and-control functions across the property's diverse building systems.

Buildings IOT's onPoint Enterprise platform is a cloud-based technology that solves multiple use cases for commercial office buildings of all sizes. onPoint connects 12 separate building systems and integrates more than 8,000 data points from operating equipment and IoT sensors throughout the 500,000 square foot space within the eighteen-story 800 Fulton skyscraper. The data is then processed and shown through a single pane of glass, allowing operators to spot problems and take corrective action as needed to maintain the building working as designed for the rest of its life.

“We are positioning 800 Fulton Market as a technology-first new building offering unique amenities, beyond the norm, to tenants of all types,” explains Peter McEneaney, Senior Vice President of Development and Construction at Thor Equities. “We chose to work with Buildings IOT based on their understanding of data from multiple systems including but not limited to HVAC and lighting. The advanced analytics capabilities inherent in Buildings IOTs solutions allow us to easily view building health holistically and make modifications as needed, increasing our tenants comfort and better serving their needs while also conserving energy and expanding the lifespan of our equipment assets.”

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