Johnson Controls to transform McDougal Capital’s Court Place Office Tower and generate $1.6M in energy and operational savings

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MILWAUKEE – (May 23, 2018) – Johnson Controls will help to improve tenant comfort levels in the Court Place Office Tower (also known as the Lubbock National Bank Building), a multitenant office building located in downtown Lubbock, Texas, through improvements to lighting, HVAC and electrical controls. Total improvements will produce savings of more than $1.6M over 20 years. The project will receive funds from a grant bestowed by Market Lubbock, which will assist with the cost of the updates as a part of the city’s ongoing downtown revitalization efforts.

“We are part of a growing business community in the downtown area,” said the building’s owner Mike McDougal, founder and principal of McDougal Capital. “Our goal is to create an environment conducive to the types of businesses we’d like to attract and retain. Johnson Controls is bringing that vision to life, while also helping us save money in the long-term.”

This six-month project will address Court Place’s high energy usage and operational costs and help prevent inevitable equipment failure. Upgrades include more than 3,000 lighting fixtures, which will help improve lighting conditions and consistency throughout the building’s nine floors, and the replacement of the chilled and hot water distribution piping and pumps. The existing HVAC controls system will also be updated to help building management better control the temperature on each side of the building to account for changes in temperature during sunrise and sunset.

“Court Place was facing high energy and operational costs as well as outdated equipment and controls systems,” said Jennifer Edwards, account executive, Johnson Controls. “This is a common problem in older buildings, but upgrades to main systems, such as lighting and HVAC, can reinvigorate a building and provide that added level of comfort to its tenants. We are happy to help McDougal Capital create a more welcoming environment for current and future occupants.”
“Our goal is to create an environment conducive to the types of businesses we’d like to attract and retain. Johnson Controls is bringing that vision to life, while also helping us save money in the long-term.” -- Mike McDougal, founder and principal of McDougal Capital

McDougal Capital is making additional improvements to modernize the look of the building and improve safety through replacement of its main passenger elevators.

“The updates to Court Place are essential for the future of vitality of the space and the function it serves local businesses,” said John Osborne, CEO and president of Market Lubbock. “We are pleased to assist with this project through funds allocated by a grant for downtown redevelopment. Market Lubbock promotes economic development for the city and encourages private investment in downtown.”

About Johnson Controls
Johnson Controls is a global diversified technology and multi-industrial leader serving a wide range of customers in more than 150 countries. Our 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. We are committed to helping our customers win and creating greater value for all of our stakeholders through strategic focus on our buildings and energy growth platforms. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

About Johnson Controls Building Technologies & Solutions
Johnson Controls Building Technologies & Solutions is making the world safer, smarter and more sustainable – one building at a time. Our technology portfolio integrates every aspect of a building – whether security systems, energy management, fire protection or HVACR – to ensure that we exceed customer expectations at all times. We operate in more than 150 countries through our unmatched network of branches and distribution channels, helping building owners, operators, engineers and contractors enhance the full lifecycle of any facility. Our arsenal of brands includes some of the most trusted names in the industry, such as Tyco®, YORK®, Metasys®, Ruskin®, Titus®, Frick®, PENN®, Sabroe®, Simplex® and Grinnell®. For more information, visit www.johnsoncontrols.com or follow @JCI_Buildings on Twitter.

About McDougal Capital
McDougal Capital is an investment holding company formed by Mike McDougal after a 22-year career in the real estate industry. While continuing to own and operate numerous real estate projects in Lubbock, Texas, the company’s mission is fostering economic independence by empowering entrepreneurship. Providing equity capital to new business startups through the Lubbock Angel Network is one way it seeks to accomplish that mission. Mike also serves as a Mentor for new businesses through the Innovation Hub at Texas Tech University.

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CONTACT:
Anne Lines
Matter on behalf of Johnson Controls
Work + 1 978-518-4512
JCI@matternow.com

Ryan Nolan
Global Public Relations Program Manager
Building Technologies & Solutions, Johnson Controls
Work + 1 414 524 6170
Mobile + 1 414 378 9641
Ryan.P.Nolan@jci.com

Mike McDougal
CEO, McDougal Capital
Mobile +1 806 239 5903
Mike@McDougalCapital.com

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