Cornell College in Mount Vernon, Iowa has partnered with Johnson Controls on a $5.9 million infrastructure improvement plan to rectify the campus’ aging infrastructure and significantly reduce operations and maintenance costs.
As part of the plan, the college’s original two buildings, College Hall (1857) and Old Sea (1853), have recently received over 150 new energy-efficient windows; high-efficiency boilers were installed to remove the final eight buildings from the campus steam plant; and nearly every campus building was upgraded with LED lighting.
The agreement with Johnson Controls guarantees that infrastructure upgrades will produce savings that repay the company for project costs over time, which does not require any traditional loans. Instead, Cornell pays Johnson Controls based on measured and verified results through a funding structure known as contingent payment funding. As a result, the infrastructure improvements do not impact any of the college’s existing debt covenants or obligations.
The campus is expected to reduce its energy usage by 20% thanks to the renovations.
Related Stories
University Buildings | Jan 11, 2022
Designing for health sciences education: supporting student well-being
While student and faculty health and well-being should be a top priority in all spaces within educational facilities, this article will highlight some key considerations.
University Buildings | Jan 6, 2022
New Facility completes at Drexel University College of Medicine at Tower Health
SLAM designed the project.
University Buildings | Jan 4, 2022
Henning Larsen to design new university building in the Alps
The project will be Henning Larsen’s first in Austria.
University Buildings | Dec 8, 2021
The University of Michigan’s Ford Robotics Building completes
HED designed the project.
University Buildings | Nov 23, 2021
The University of North Carolina at Charlotte’s new residence hall begins construction
KWK Architects designed the project.
University Buildings | Nov 18, 2021
Pratt Institute Residence Hall completes, opens
Hanrahan Meyers Architects, in collaboration with Cannon Design, designed the project.
Designers / Specifiers / Landscape Architects | Nov 16, 2021
‘Desire paths’ and college campus design
If a campus is not as efficient as it could be, end users will use their feet to let designers know about it.
University Buildings | Nov 15, 2021
Red River College Polytechnic’s new Manitou a bi Bit daziigae opens
Diamond Schmitt and Number TEN Architectural Group designed the project.
Cladding and Facade Systems | Oct 26, 2021
14 projects recognized by DOE for high-performance building envelope design
The inaugural class of DOE’s Better Buildings Building Envelope Campaign includes a medical office building that uses hybrid vacuum-insulated glass and a net-zero concrete-and-timber community center.
University Buildings | Sep 28, 2021
Designing for health sciences education: Specialty instruction and human anatomy labs
It is a careful balance within any educational facility to provide both multidisciplinary, multiuse spaces and special-use spaces that serve particular functions.
