Intelligent Real Estate Investments - Hines

One Museum Place Named Best Green Development

Gensler-designed tower to be honored at 2019 MIPIM Asia Awards

(SHANGHAI) – Hines, the international real estate firm, is pleased to announce that the recently completed One Museum Place—which is distinguishing itself in the Shanghai market with a combination of robust, innovative design and sustainability features—has been awarded the Best Green Development at the 2019 MIPIM Asia Awards. The project and development team will be honored at an awards ceremony in November.

Hines Senior Managing Director Jim Morrison said, “We are honored that MIPIM recognizes One Museum Place as a defining example of a sustainable, high-performance building that’s also highly focused on customer service and efficient operations, which benefits tenants, owners and the environment alike.”

Built by Shanghai Construction Group and developed by Hines, One Museum Place is designed and built to the highest international specifications of quality and sustainability with features such as three-meter clear ceiling heights and superior elevator service. Additionally, sustainable features and programs include: high-performance exterior façade glazing system; an ice-storage system to reduce the energy load for the chilled water supply; a rainwater collection system for reuse in toilets and landscaping; vegetated roof areas with reflective roof materials; and an energy management system with CO2sensors to monitor indoor and outdoor air quality.

One of the most remarkable features of the Gensler-designed One Museum Place is the state-of-the-art air filtration and handling system, which offers the cleanest air commercially available in Shanghai. The precisely monitored and controlled temperature, humidity and filtration systems also feature: filtering through MERV 8 & MERV 13 filters on all HVAC equipment; a germicidal system, featuring Ultra-Violet Lights; advanced PM2.5 indoor air quality monitoring system; and a full-time indoor air quality manager on-site. One Museum Place is the first office tower in the world to deploy both RESET Core & Shell (C&S) and Commercial Interior (CI) principles. Both the office tower and the Hines Shanghai Headquarters are RESET Certified (C&S and CI respectively) and feature state-of-the-art monitoring and visual displays of real-time measures.

One Museum Place is one of the first LEED® Platinum office towers in Shanghai. While under construction, One Museum Place received Platinum pre-certification under the U.S. Green Building Council’s (USGBC) LEED for Core & Shell (CS) rating system—the first major project in the city to have achieved this.

One Museum Place was driven by Hines’ vision of a world-class premium grade A office building that delivers exceptional ecological performance. The development naturally integrates with Jing’an as a district, including the Natural History Museum, the iconic Jing’an Sculpture Park, and the transportation network, as the new tower and its lifestyle podium connect directly to the platform of Line 13 at the Natural History Museum Station.

Since 1995, Hines has developed, managed and invested in the highest quality properties in China. One Museum Place is the newest showcase of Hines’ experience, reputation, and commitment to the highest standards of development in China.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 219 cities in 23 countries. Hines has approximately $124.3 billion of assets under management, including $63.8 billion for which Hines provides fiduciary investment management services, and $60.5 billion for which Hines provides third-party property-level services. The firm has 148 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,362 properties, totaling over 449 million square feet. The firm’s current property and asset management portfolio includes 514 properties, representing over 222 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most respected real estate organizations in the world. Visit www.hines.com for more information.