DEPARTMENT: Center City Development and Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: 1
SUBJECT:
Property Exchange for CPS Energy Headquarters
SUMMARY:
An ordinance authorizing a property exchange of approximately 0.1254 acres or 5,461 square feet between the City of San Antonio and CPS Energy, for tracts of land of equal value, to facilitate the historical use and maintenance allocation necessary for the new CPS Headquarters in Council District 1. This ordinance action will have no fiscal impact to the General Fund.
BACKGROUND INFORMATION:
CPS Energy has acquired the former AT&T, McCullough Building near McCullough, Brooklyn Avenue, Avenue B, and the San Antonio River which will serve as a single headquarters site for the San Antonio Public Utility. When completed the 494,000 square foot new energy efficient two-tower headquarters and 1220 space parking garage will consolidate more than 3,100 employees from various facilities across the City alongside the San Antonio River.
Consolidation of the work force leads to improved efficiency and productivity, including vehicle cost reductions by reducing travel between sites. Project space in the building will provide sites for more teams to support the introduction of new technologies and product offerings. This more modern facility will also enable CPS Energy to attract and retain talent in a competitive work environment. The first floor will have public access areas featuring an auditorium, Board Boom, employee meeting rooms, interactive vendors, and food service areas.
The building renovation will also significantly improve energy efficiency of the facility, using LED lighting, high reflectivity roof, greater use of natural lighting, and reduced energy consumption. Energy savings of up to 60% compared to the buildings being replaced, and use of new designs for building systems will reduce CPS Energy's overall operating costs. CPS Energy is working with both the US Gree...
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