TIANJIN, China, Nov 29, 2016 – Beijing Times Regal, an upscale mixed-use development now under construction in Beijing, will be served by 50 energy-efficient Otis Gen2® elevators and 63 Otis escalators. Otis, the world’s leading manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways, is a unit of United Technologies Corp. (NYSE: UTX).
Situated on West Dawang Road with a construction area of 300,000 square meters, Beijing Times Regal will be an integrated urban complex that incorporates high-end commercial and retail space. Developer Hopson Development Holdings Limited expects it to be a new landmark in Beijing’s central business district.
The energy-efficient Otis Gen2 elevators selected for the project use patented flat-belt drive technology to replace traditional steel ropes, significantly reducing vibration and providing passengers with a remarkably smooth and quiet ride. Equipped with the Otis ReGen™ drive, the Gen2 elevator is more compact than conventional geared machines and reduces overall elevator energy consumption to help developers and owners build and manage their properties more sustainably and economically.
“Being selected to support the Beijing Times Regal project reflects the good fit between Otis’ leading technologies and the needs of energy efficient urban developments in China,” said Luis Molina, president, Otis Elevator (China) Investment Co., Ltd. “To this and all of our projects, Otis brings more than 160 years of industry experience and a strong track record of supporting iconic buildings in China. Otis remains the reliable choice for high-end commercial properties here and around the world.”
Otis is the world’s leading manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information, visit www.otis.com.