The California State Teachers' Retirement System is constructing a new headquarters building in West Sacramento
to meet members' needs through 2027.
The project is an opportunity for CalSTRS to make a commitment to a sustainable investment in the fund's real
estate portfolio and realize efficiencies in operations.
The new building, a 13-story office tower above two levels of public space, is part of the
Sacramento Riverfront Master Plan. Move in is expected in June 2009.
Utilizing the latest breakthroughs in sustainable building science and technology, the new headquarters
is being constructed to meet the
Gold certification LEED®
designation. The design incorporates high performance building systems and water conservation measures
to reduce or eliminate negative effects on the environment. The tower will feature energy efficient
glazing and be oriented in the east to west direction to maximize access to natural light and to
minimize direct solar heat gain throughout the 400,000 square feet of interior space. The energy-efficient
features alone are expected to save more than $145,000 in energy costs annually.
CalSTRS is saving an estimated $13.2 million on its new headquarters project through careful planning
and smart project management.
The savings to date include an estimated $9.7 million from using a
"team-build" construction approach and bidding the construction components in phases, which allows
a fast-track construction schedule:
- $2 million saved by using the team-build approach.
- $2.8 million saved by bidding the steel and glass early in the project.
- $2.8 million saved in project supervision costs by starting construction while tenant
improvement designs were in progress. This also shortened the construction schedule by eight
- $2.1 million saved by integrating interior improvements into shell and core construction.
CalSTRS also saved money by negotiating a guaranteed maximum price with the building contractor. This
avoids costly change orders during construction. It is projected to save an additional $3.5 million
(2 percent of construction costs) through the completion of the project.
The new building will dramatically increase the efficiency of CalSTRS operations by consolidating staff
currently housed in leased space in three buildings into one facility.
Faced with an anticipated increase in services to its 795,000 members and greater technological needs than
its current facilities can accommodate, CalSTRS began a study of options to solve its long-term needs.
After considering the options and conducting a thorough two-year, 35-site search, CalSTRS concluded that
constructing a new building at the West Sacramento site was the best solution.
The links below provide additional information on the building, its construction team and its design.
- Architectural Drawings
Drawings of the new headquarters building
- Building Facts
Building statistics, information about the properties, and a tentative building schedule
- Design Concept
Detailed information about the design of the new headquarters building
- Team-Build Facts
The partners involved in the construction of the new headquarters
Last Updated November 14, 2007