ViVa Center is a 2.3-million-square-foot technology hub in Houston that was the former headquarters for Compaq Computer and Hewlett-Packard Enterprise. The facility at full buildout will include a 774,000-square-foot data center that will cater to hyperscale users in the cloud computing and artificial intelligence sectors.
Impact
By obtaining PACE financing, the property owner was able to upgrade the building envelope, electrical and lighting systems, HVAC, plumbing and water-use systems, which enabled Harris County to further its sustainability and economic development goals while reducing demand on the Texas electrical grid. The improvements are expected to cut the property’s annual electricity usage by 11% and its annual water consumption by 69%.
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