Keeping Cool in Mexico City
With average temperatures nearing 80 F year-round, Mexico City would not be an obvious candidate for a glass-clad shopping center.
In fact, when the plans came in for Magnocentro26, a 246,000-sq.-ft. shopping and entertainment center located in a high-income area of Mexico City, there was some concern that the four-level glass atrium and generous skylighting specified for the project would result in significant solar overheating that would drive up the cost of keeping the center cool. But the architects of Magnocentro26, which is owned by a joint-venture partnership of New Hyde Park, N.Y.-based Kimco Realty Corp. and Mexico City-based Frisa, came up with an ideal solution: a high-performance glazing product, from Palo Alto, Calif.-based Southwall Technologies.
The product, XIR/Emerald Blue laminated glass, is designed to reduce unwanted effects of heat and light from the sun. It allows for the extensive use of glass and benefits from natural light while reflecting unwanted solar energy. Some 35,000 sq. ft. of the flat tempered XIR glass were used in the Mexican shopping center.
“XIR blocks nearly 100% of the sun’s damaging ultra-violet radiation and a significant portion of unwanted solar heat,” said John Miller, spokesman, Southwall Technologies.
The laminated XIR product is a transparent film that is encapsulated between two layers of polyvinyl butyral (PVB) and glass to form a protective barrier against the harmful effects of the sun. The finished product has a unique, lowreflectance appearance. Unlike other approaches that absorb and re-radiate heat, XIR film’s spectrally selective metallic coating actually reflects destructive infrared and UV rays without impairing visible light transmission, according to Miller.
In applications such as that of Magnocentro26, XIR has a low-reflectance appearance, Miller said, allowing greater than 70% visible light transmittance while reflecting about 50% of the invisible heat.
Glazed monolithically or combined into sealed insulating glass units, XIR film can be laminated with annealed, heat-strengthened or tempered clear glass, or combined with tinted PVB and tinted glass.
“One thing that made the installation so perfect for Magnocentro26 is that XIR for laminated architectural glass is particularly effective for bent-glass constructions that also require solar control,” Miller said.
According to Miller, it is difficult to bend direct-coated glass. But XIR is effective for achieving both curvature and high solar control.
While no energy savings have been calculated because of the newness of the center, Miller said that he is confident savings will be realized.
“The center was able to use dramatic amounts of glass while reducing the temperature range so that normal temperatures could be maintained through moderate use of air conditioning,” he said. “What the mall owners wanted to avoid was a situation where inside temperatures were so high that an inordinate amount of air conditioning had to be used.”
Kohl’s, Forever 21 win bid for 46 former Mervyn’s stores
MENOMONEE FALLS, Wis. Kohl’s and Forever 21 won a joint bid for the leaseholds of 46 former Mervyn’s locations valued at approximately $6.25 million.
Kohl’s will assume 31 of the locations while Forever 21 will assume 15, pending approval by the court overseeing Mervyns bankruptcy proceedings.
“We are pleased with the results of the auction,” said Kevin Mansell, president and ceo for Kohl’s Department Stores. “With over 1,000 stores from coast to coast, these locations provide increased presence in under penetrated markets. We will continue to be opportunistic and prudent in our discussions with the owners of select Mervyns real estate as we continue to position Kohl’s to grow market share.”
In fiscal 2009, the Kohl’s said it continues to expect to open approximately 50 stores, including the majority of the 31 former Mervyns’ locations.
Bazaarvoice appoints new CFO
AUSTIN, Texas Bazaarvoice, which provides social commerce applications that drive sales, announced that Ken Saunders has joined the company as CFO. Saunders has over 25 years of experience as a senior financial executive at companies including Open Solutions, Peregrine Systems, Fair Isaac Corp. and Arthur Andersen. In his new role at Bazaarvoice, Saunders will guide all aspects of the company’s financial operations, as well as lead the team responsible for day-to-day finance, IT and human operations.
“Bazaarvoice is not only the most innovative social commerce company in the industry, it’s the fastest growing, serving hundreds of major brands worldwide and adding more at a very rapid clip,” said Saunders. “As CFO, I look forward to working with Bazaarvoice’s executive team to drive the company’s growth now and into the future, as they continue to transform the way people interact and shop online.”
“Ken has a wealth of world-class financial experience at both private and public companies, and we’re thrilled to welcome him to the executive team as Bazaarvoice continues to cement its market leadership in the social commerce space,” said Brett Hurt, founder and CEO of Bazaarvoice. “As more and more retailers worldwide embrace the customer voice as a key brand and marketing tool, Bazaarvoice is poised for rapid growth – and Ken is the perfect person to lead our company’s financial strategy.”