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Wakemans Trade Secrets
Insider information of general interest to the construction industry.
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Building Greener |
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In the greater Birmingham area, City Council sources estimate that there is in excess of £4.8 billion worth of investment planned, or under construction over the next few years.
Despite this huge investment, very few of the buildings constructed will be environmentally friendly. Gary Taylor, Director of Argent, who developed energy efficient buildings at Brindleyplace in Birmingham, says "Of all the energy used in the UK in 1996, 49% of it was consumed in buildings, the remainder of the figures are, 24% used in transporting people, 12% in transporting freight, 15% in industry and just one percent in agriculture. The very high consumption of energy in buildings is falling with the introduction of insulation and new technology initiatives."
Those with a long term interest in buildings, such as property portfolio managers, pension funders, retailers, and in particular investment surveyors need to be aware of the advantages of taking a strategic approach to a building's energy performance. Examples such as the Barclaycard building in Northampton, the Bristol Spa and the DEFRA building developed by Castlemore Securities Limited, in Bristol, which Birmingham construction consultants Wakemans project managed, are testimony to this new change of attitude. But it is the funders and their advisors, in particular, who need to be convinced. Many of the banks don't have the expertise to advise on green buildings or don't have the interest in a building's long term value and so don't take into account life cycle costs.
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Atrium DEFRA Building, Bristol
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Take for instance, the manufacture of a car. Car buyers consider running costs as part of the purchase. Manufacturers have through the years, cut the capital costs and improved quality, cut fuel consumption, increased service intervals and reduced repair and maintenance charges. The building industry should follow this lead. Maintenance, repair and energy consumption of a building affects the asset's long term value. John Benson of agents, Alder King in Bristol, says "If running costs are less, then the tenant will pay less throughout his occupation of the building and therefore should be reflected in the rent tenants pay."
Birmingham City Council is keen to encourage more sustainability within building construction. Emrys Jones, Chief Planning Officer, at the Council said, "We would be delighted if someone proposed a truly sustainable building (more than just energy efficient) which could be held up as an exemplar of what can be achieved."
New Building Regulations aimed at saving energy will be introduced in February 2002. The property industry by then will need to be aware of the increases in the insulation value of walls, floors, roofs and windows, and be more in tune with energy efficient measures.
Wakemans, Construction Consultants, with offices throughout the UK, has first hand experience of project managing a "green" building from tailoring cost models to completion on site. In March 1998, Wakemans client, Birmingham based, Castlemore Securities Limited, approached Wakemans to put together a proposal for the provision of new office space for the relocation of the Government Department, DEFRA. The proposal called for a "green" building. A brownfield development site consisting of 23 acres was identified adjacent to Temple Meads Station in Bristol. The brief set for the project team, managed by Wakemans, was to provide the highest quality office environment whilst delivering the lowest energy consumption for a building on this site. The £23m Temple Quay building delivers energy consumption levels of approximately half that of a traditional air conditioned building, the reaction of staff working within this new office environment has been overwhelmingly positive.
Other energy efficient measures include intelligent lighting and contacts which detect movement and switches lights on and off accordingly. They are also daylight sensitive. Other measures include collecting rainwater from the atrium glass roof to flush the toilets.
In order to increase the momentum, to construct energy efficient buildings such as Temple Quay, Investment Surveyors will need to be convinced and in turn convince their clients of the benefits of green buildings, as a long term investment, for staff comfort and as a contribution towards saving our planet. The future is to provide market led solutions to build within a level of cost which can be funded, by sales and letting.
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