CHICAGO—Sears Tower announced plans for a renovation that will result in unparalleled energy savings and reduced CO2 emissions. The tallest building in the Western Hemisphere will reduce its base building electricity use by up to 80 percent, which includes a combination of energy savings and cogeneration. The energy savings equal 68 million kilowatt hours annually or 150,000 barrels of oil every year. The sustainability plans will also drive economic development in the West Loop, creating more than 3,600 jobs, and are part of a broader initiative to transform the global icon. Another aspect of the transformation is a proposed new, privately funded 500-room hotel for the site at Jackson Boulevard and Wacker Drive. The 50-story property will be designed for a LEED Gold rating.

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