Smart-Building Tech Is Transforming Oxford’s Portfolio

Oxford Properties Group — co-developer of Hudson Yards — this week launched a collaboration with Rogers Communications and RYCOM (a property management firm) to implement the Cisco Smart Building platform across its entire Canadian commercial and retail portfolio by the end of 2017.

Cisco’s platform, first deployed by Oxford six years ago and piloted at RBC WaterPark Place, is transforming its portfolio — $20B in assets under management, comprising 50M SF of retail and office properties — into smart, connected buildings.

The Cisco technology gives tenants the tools to drive operational efficiencies in their spaces, ultimately improving overall business yields, said Oxford senior vice president Andrew McAllan.

Data and insights gathered via Cisco’s technology provide property owners and tenants with deeper understandings of space utilization, energy consumption, security and environmental and maintenance needs, according to Oxford.

This helps to create a better environment for employees, customers and business operations. Such insights shaped the design and development of Oxford’s EY Tower.

Cisco's innovation centre at Toronto’s WaterPark Place — one of nine worldwide — showcases smart building solutions, including individual HVAC controls and digital ceilings, which link building services via a single IP network.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

How Companies Can Eliminate Shadow AI And Gain Value From Artificial Intelligence Tools

Canadian CRE Investors Shrug Off Trade War, Spend $9B On U.S. Assets