Sustainable Building Adaptation

Wilkinson, Sara; Remøy, Hilde; Langston, Craig

doi:10.1002/9781118477151

Cited by 78 publications

(81 citation statements)

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“…A property has to have economic viability to be considered wholly sustainable. The income a property can generate depends on the price, quality and competition in the market; whilst costs are related to maintenance and operating expenses [19]. In this way, the broader economy has a very profound effect on the economic lifespan of all property, and can shorten or lengthen it considerably.…”

Section: Sustainability In Adaptive Reusementioning

confidence: 99%

“…Social sustainability characteristics of property can include provision of amenities to enhance the wellbeing and health of occupants. Physical building embodiments of social sustainability could be the provision of a childcare facility in an office building or, a green roof where staff can relax during breaks from work [19]. In commercial organisations social attributes are found in Corporate Social Responsibility (CSR) policies and reports of building tenants and may include charitable donations given, in cash or kind, to less advantaged groups.…”

Section: Sustainability In Adaptive Reusementioning

confidence: 99%

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Adaptive reuse of Sydney offices and sustainability

Wilkinson

Remøy

2017

Sust. Build.

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Abstract. The built environment contributes 40% of total global greenhouse gas emissions and 87% of the buildings we will have in 2050 are already built. If predicted climate changes are correct, we need to adapt existing stock sustainably. Outside Australia there is a history of office to residential conversions. These conversions number few in Sydney although evidence suggests a trend is emerging in conversion adaptations. In 2014, 102 000 m 2 of office space was earmarked for residential conversion in Sydney as demand for central residential property grows and low interest rates create good conditions. The Central Business District (CBD) population is projected to increase by 4% to 2031 requiring 45 000 new homes and this coincides with a stock of ageing offices. Furthermore, the Sydney office market is set to be flooded with the Barangaroo development supply in 2017; thus conditions for conversion are better than ever. However, what is the level of sustainability in these projects? And, are stakeholders cognisant of sustainability in these projects? Moreover, is a voluntary a mandatory approach going to deliver more sustainability in this market? Through a series of interviews with key stakeholders, this paper investigates the nature and extent of the phenomena in Sydney, as well as the political, economic, social, environmental and technological drivers and barriers to conversion. No major study exists on conversion adaptation in Sydney and the most residential development is new build. There is substantial potential to change the nature of the CBD and enhance sustainability with the residential conversion of office space. The findings show that opportunities are being overlooked to appreciate and acknowledge the sustainability of this type of adaptation and that there is a need for a rating tool to encourage greater levels of sustainability and to acknowledge existing levels of sustainability achieved in these projects.

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Section: Sustainability In Adaptive Reusementioning

confidence: 99%

Section: Sustainability In Adaptive Reusementioning

confidence: 99%

Adaptive reuse of Sydney offices and sustainability

Wilkinson

Remøy

2017

Sust. Build.

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“…However, Lausberg (2008) indicates that this situation, the precarious nature of commercial property, is little known in contrast to traditional perspectives of market efficiency. Reflecting the importance of this omission, Wilkinson et al (2014) attest that the continuing use of existing commercial real estate stock is a universal concern. (Wilkinson et al, 2014:5).…”

Section: Situations Vacantmentioning

confidence: 99%

Situations Vacant: A Conceptual Framework for Commercial Real Estate Vacancy

Muldoon‐Smith¹,

Greenhalgh²

2017

24th Annual European Real Estate Society Conference

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Commercial real estate vacancy is a key indicator of property market efficiency, economic performance and urban resilience. However, there has been little conceptual reflection into the abstract notion of vacancy beyond binary distinctions of natural and structural vacancy. Although useful simplifying meta-concepts, neither accounts for the internal complexity and imperfection that permeates real commercial property markets. Consequently, the objective of this article is to outline a conceptual framework that describes vacancy across the commercial real estate building life-cycle -from initial construction to final demolition and redevelopment. The originality of the research rests in its utility as the first known holistic examination of commercial real estate vacancy beyond that of an abstract economic factor, while its value is explicit in the conceptual typology which can be used by researchers interested in market imperfections and consequent interventions.

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“…Remøy, 2010. Wilkinson et al, 2014 and is described by market, location and building characteristics.…”

Section: Adaptive Reuse Potentialmentioning

confidence: 99%

“…There are a number of variables which influence the adaptive reuse potential of buildings (Wilkinson et al, 2014). One is the prevailing property market conditions which is described above.…”

Section: Locationmentioning

confidence: 99%

Adaptive reuse of offices:Residential conversions in Sydney

Remøy¹,

Wilkinson²,

Berry³

2015

22nd Annual European Real Estate Society Conference

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The built environment contributes 40% to total global greenhouse gas emissions and 87% of the buildings we will have in 2050 are already built. If predicted climate changes are correct we need to adapt existing stock sustainably. Reuse is an inherently sustainable option, which reduces the amount of waste going to landfill. Inevitably settlements and areas undergo change, whereby land uses become obsolete and buildings vacant. At this stage, the options are either to demolish or to convert to another use. In central business districts (CBDs) outside of Australia there is a long history of office to residential conversion. Although these types of conversions are few in number in the Sydney CBD, a trend is emerging in conversion. Some 102,000m 2 of office space is earmarked for residential conversion in Sydney as demand for central residential property grows and low interest rates create good conditions. Coupled with this, is a stock of ageing offices and a population projected to increase by 4% to 2031 requiring 45000 new homes. With the Sydney market about to be flooded with the Barangaroo office supply in 2017, the conditions for residential conversion are better than ever.Based on the foregoing, this paper aims at answering the questions: (a) which drivers encourage residential conversions in Sydney? And, (b) what are the barriers for successful conversions? This paper investigates the nature and extent of residential conversion in Sydney, as well as the drivers and barriers to successful conversion. Through an extensive literature study, the paper identifies the key lessons from international residential conversion projects. Subsequently, expert interviews are held with developers in the Sydney market. This paper explores the potential of delivering sustainability to the Sydney CBD through residential conversion.

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Sustainable Building Adaptation

Cited by 78 publications

References 0 publications

Adaptive reuse of Sydney offices and sustainability

Adaptive reuse of Sydney offices and sustainability

Situations Vacant: A Conceptual Framework for Commercial Real Estate Vacancy

Adaptive reuse of offices:Residential conversions in Sydney

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