Suncor Energy breaks ground on new Commerce City refinery office building
Located at the corner of Brighton Boulevard and York Street, the two-story, 75,000-square-foot facility is designed to accommodate approximately 275 employees and contractors. New road improvements are expected to incorporate turn lanes and curbs, improve drainage in the area and add parking spots for 350 vehicles. The landscaping plan calls for about 2,000 shrubs, 225 trees and 230 perennials on the property. Suncor has established a budget of $25 million for the project.
“This project underscores Suncor’s long-term commitment to our neighbors, the Commerce City community and the state of Colorado,” said John Gallagher, vice president of refining, U.S., for Suncor. “It also exemplifies our commitment to the people who work hard to ensure the safe and reliable operation of Colorado’s only petroleum refinery. This new office building will be a facility they can not only be proud of but also enjoy working in every day.”
“This investment demonstrates Suncor Energy’s ongoing commitment and partnership to build a ‘Quality Community for a Lifetime’ here in Commerce City,” said Mayor Paul Natale. “One of the reasons this project is so exciting is because it will vastly improve the southwestern gateway to the city. Over the last 24 months, the city has worked with Suncor, and other property owners to improve the image of the area and set a standard for future public improvements that will benefit everyone who travels the area.”
The new building was designed by local firm Intergroup Architects. The project currently includes plans for achieving Leadership in Energy and Environmental Design (LEED) Silver Certification. LEED sets standards for design and performance in five key areas of human and environmental health, including sustainable site development, water savings, energy efficiency, materials selection and indoor environment quality. Colorado-based Adolfson & Peterson Construction has been named general contractor for the project. Construction is expected to begin in the coming weeks, with completion of the project scheduled by the end of 2012.
Certain statements in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). All forward-looking statements are based on Suncor’s current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of Suncor’s experience and its perception of historical trends.
Some of the forward-looking statements may be identified by words like “expected,” “targets,” “schedule,” and similar expressions. In addition, all other statements that address expectations or projections about the future, including statements about our strategy for growth, costs, schedules, production volumes, operating and financial results and expected impact of future commitments, are forward-looking statements. Forward-looking statements in this news release include the expectation that new road improvements will incorporate turn lanes and curbs, improve drainage in the area and add parking spots for 350 vehicles; that construction is expected to begin in the coming weeks, with completion of the project scheduled by the end of 2012. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to our company. Suncor’s actual results may differ materially from those expressed or implied by our forward-looking statements and you are cautioned not to place undue reliance on them.
Suncor’s Earnings Release, Quarterly Report and Management's Discussion & Analysis for the third quarter of 2011 and its most recently filed Annual Information Form/Form 40-F, Annual Report to Shareholders and other documents it files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3Y7, by calling 1-800-558-9071, or by email request to firstname.lastname@example.org or by referring to the company’s profile on SEDAR at www.sedar.com or EDGAR at www.sec.gov. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Suncor Energy Inc. is Canada’s premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, as well as petroleum refining and product marketing. In the U.S., Suncor's operations include pipeline operations that stretch between Wyoming and Denver; Colorado’s only refinery in Commerce City; product distribution terminals in Colorado; and retail assets across Colorado that are operated under the Shell and Phillips 66 brands. These businesses provide a vital link between our oil sands resource in Canada and the energy market in the United States. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
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For more information about Suncor Energy Inc. please visit our web site at www.suncor.com.