CBRE

Business News

Nov 29
Green Elevators Selected For Calgary Tower By Betsy Kraat

FARMINGTON, CT--Otis Elevator Company, a subsidiary of United Technologies Corp. (NYSE: UTX), was awarded a $26 million contract to provide elevators and escalators at The Bow, a 59- story office building in Calgary, Alberta, Canada.

The 1.7 million-sf building will be home to EnCana, North America's second largest natural gas producer, and will rise 774 feet (236 meters) above street level, making it Canada's tallest tower outside of Toronto. In addition to escalators and traditional high-rise elevators, Otis will install machine-roomless Gen2 systems with flat-belt technology. The Gen2 elevator system incorporates gearless permanent magnet motors, reducing energy usage by up to 50 percent compared
to conventional systems. The system's patented flat, polyurethane-coated steel belt requires no additional lubrication, making it more efficient and cleaner for the environment.

The building was named for its crescent shape and its view of the Bow River.

Otis Elevators
www.otis.com

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