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ULI SPRING MEETING ULI SPRING MEETING
Colorado Convention Center, Denver, CO, United States May 12-14, 2025
Presenter

Ms. Laura Humphrey

Senior Director of Energy and Sustainability L+M Development Partners Inc.

Speaking at

Thu Apr 11 11:30 AM — 11:50 AM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 3, Americas Hall I - Area A

Pumping Up Sustainability: Embracing Heat Pumps in Commercial Real Estate

Twenty-eight percent of global carbon emissions originate from building operations, according to research by the World Green Building Council. Of that 28 percent, 15 percent come exclusively from heating and cooling buildings. These sizable emissions present an opportunity for investors, owners, and developers of new construction and retrofits to leverage energy efficient innovations such as heat pumps to meet consumer needs in a sustainable and cost-effective way. Heat pump technology is becoming an increasingly scalable solution toward fully electrifying commercial real estate. In addition to their environmental benefits, heat pumps offer enhanced occupant comfort and tenant energy bill savings. This session touches on heat pump technology and debunks common myths, such as heat pumps can only heat spaces (they can cool them, too!), heat pumps are not cost effective (they are comparable options to what is available on the market!), heat pumps are not viable in cold climates (they perform well in all climates!), and more.