KONE Wins Order for Austin’s Green Water Redevelopment


Austin, Texas, June 3, 2015 – KONE, a global leader in the elevator and escalator industry, has won an order to provide 14 elevators at 500 West 2nd Street, the office tower that is part of the redevelopment of the decommissioned Thomas C. Green Water Treatment Plant site in Austin, Texas.

KONE solutions will include eight KONE MonoSpace® machine room-less elevators, and six KONE EcoSystem MR™ machine room elevators. All of the elevators will be equipped with the energy-efficient KONE EcoDisc® hoisting machine. The KONE Polaris™ destination control system (DCS) will also be utilized on 10 of the office elevators. This dispatching system significantly improves efficiency of the elevator system, and also will interface with the building’s access control system to provide the most efficient People Flow for customers and workers at the site.

Originally opened in 1925, the site of Austin’s first water treatment plant is being redeveloped to include 500 West 2nd Street, a 32-story, 537,134 square-foot office tower. Green Water is the largest privately-developed project in Austin’s history. Gensler did the master planning and Trammell Crow is developing this mixed-use site, which includes two residential towers, a boutique hotel and the office tower building. The Beck Group leads construction of the 16-level office tower, which sits atop 14 levels of parking.

“We’re excited to partner with a progressive and innovative company like KONE on 500 West 2nd Street,” said Tom Woods, Project Executive from The Beck Group. “With the use of elevator technology that will help efficiently get people to their desired floors quickly and safely, we look forward to bringing this project to life for the city of Austin.”

“Being part of Austin’s economic growth is an exciting opportunity for KONE and we’re proud to be working with Gensler, Trammell Crow and The Beck Group,” said Larry Wash, Executive Vice President for KONE Americas. “We’re especially proud to be part of a development such as Green Water, where KONE can help contribute to redeveloping a nearly century-old part of the city.”

About KONE

KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8,6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

For more information, see www.kone.us

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