Miami Tower Adds Dramatic Twist to the City Skyline with New LED Exterior Lighting

  Miami Tower Adds Dramatic Twist to the City Skyline with New LED Exterior
  Lighting

LaSalle Investment Management, Jones Lang LaSalle, Philips Color Kinetics and
   LED Source partner to reduce lighting related energy use by 92%, saving
               $260,000 annually and 1.2 million pounds of CO2

Business Wire

MIAMI -- September 24, 2012

Miami Tower, an iconic symbol of the city, makes a dramatic new statement in
the downtown skyline with the recent adoption of a state-of-the-art exterior
LED lighting system. The advanced LED system will reduce related lighting
energy usage by 92 percent, save tenants and the building’s owner nearly
$260,000 per year in energy and related operating costs, and reduce CO2
emissions by more than 1.2 million pounds. The cutting-edge LED lighting will
also allow custom light shows at the push of a button in support of tenants,
holidays, civic and charitable groups, and other organizations looking to
promote or commemorate special events, further cementing the building’s status
as an icon on the Miami skyline.

Miami Tower Adds New LED Exterior Lighting reducing lighting related energy
use by 92%, saving $260, ...

Miami Tower Adds New LED Exterior Lighting reducing lighting related energy
use by 92%, saving $260,000 annually and 1.2 million pounds of CO2. (Photo
Credit: New York Focus)

Miami Tower rises 47 stories and offers 623,000 square feet of commercial
space. The team of Jones Lang LaSalle, Philips Color Kinetics and LED Source
identified the optimal LED lighting solution based on long-term operational
savings and the fact that it reflected the commitment to advanced technology
by LaSalle Investment Management, the building’s owner.

“This significant upgrade is just one of several projects planned at Miami
Tower,” said Ty Spearing, managing director at LaSalle Investment Management.
“Miami Tower has always been an iconic, easy-access downtown tower. Our goal
is to re-establish Miami Tower as a leader in technology, architecture and
design, environmental sustainability, and on-site amenities; all of which
Miami’s top tenants demand.”

The installation team replaced 382 metal halide lights that consumed 1,000
watts each and were limited to only a few static colors, with 216 ultra-modern
LED fixtures able to produce 16 million colors and hundreds of dynamic
lighting effects. The system is managed by a software application that allows
operators to change the tower lighting at a keystroke and virtually in
real-time.

“Adopting the latest in building technologies is key to achieving greater
energy efficiency, reducing our environmental footprint, and reinforcing Miami
Tower’s position as the premier building on Miami’s skyline,” said Jones Lang
LaSalle’s Tom Matese, general manager of Miami Tower. “The new lighting system
will also allow us to reflect our civic pride and celebrate events of
importance to the community with customized light shows.”

Jeff Cassis, general manager of Philips Color Kinetics, added: “LED technology
has reached a tipping point where we can achieve better light intensity than
traditional lighting technologies, yet unlike traditional lighting systems, we
can work with the very tight space constraints and steep angles required to
light a building. In addition, because LED is inherently more controllable
than other technologies, we have the ability to create fascinating effects
with it. We can also better focus LED light on the building’s facade,
minimizing light spill while at the same time respecting the neighbors and
night sky.”

The exterior lighting retrofit is the most prominent element of a broader
initiative to reduce energy and water usage and to follow sustainable
management practices at Miami Tower.

“With the new LED lighting solution in place, Miami Tower may be the most
advanced exterior lighting system in the world,” said Gavin Cooper, vice
president of LED Source. “We’ve not only revived the building, but have
changed the Miami skyline forever.”

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm
specializing in real estate. The firm offers integrated services delivered by
expert teams worldwide to clients seeking increased value by owning, occupying
or investing in real estate. With 2011 global revenue of $3.6 billion, Jones
Lang LaSalle serves clients in 70 countries from more than 1,000 locations
worldwide, including 200 corporate offices. The firm is an industry leader in
property and corporate facility management services, with a portfolio of
approximately 2.1 billion square feet worldwide. LaSalle Investment
Management, the company’s investment management business, is one of the
world’s largest and most diverse in real estate with $47 billion of assets
under management. For further information, please visit
www.joneslanglasalle.com.

About Royal Philips Electronics:

Royal Philips Electronics (NYSE: PHG, AEX: PHI) is a diversified health and
well-being company, focused on improving people’s lives through meaningful
innovation in the areas of Healthcare, Consumer Lifestyle and Lighting.
Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6
billion and employs approximately 122,000 employees with sales and services in
more than 100 countries. The company is a leader in cardiac care, acute care
and home healthcare, energy efficient lighting solutions and new lighting
applications, as well as male shaving and grooming, portable entertainment and
oral healthcare. News from Philips is located at www.philips.com/newscenter.

About LED Source^®:

Founded in August 2005 by Marcel Fairbairn, LED Source® is an international
LED lighting solutions provider that specializes in design, support,
development, project management and financing, through its Retrofit,
Architectural and Entertainment divisions. The company launched a franchise
program in October 2009 and has expanded to 12 locations throughout the U.S.
and Canada. LED Source expects to have a network of 150 franchise offices
throughout North America within three years. For more information, please
visit www.LEDsource.com.

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Contact:

Philips Lighting North America
Silvie Casanova, 978-659-7467
Senior Manager, Lighting Communications
silvie.casanova@philips.com
 
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