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Friday, August 31, 2012

New EPA Regulations Not Driving Coal Demand

In this article, select 2011 early release Energy Information Administration survey data collected about domestic retired, existing and proposed new power generators are analyzed in the context of assessing the course of domestic coal stock prices.

building green buidling sustainability

ACS halts dividend on Iberdrola writedown (Financial Times)

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SHoP Construction

SHoP Construction uses Autodesk BIM 360 Glue to enhance project visualization and collaboration on the world?s tallest modular building.

sustainability contractor architecture

DJC Green Building Blog

Study makes a case for developing more living buildings

The following post is by Kathleen O'Brien:

In early May, I traveled to Portland to the Cascadia Green Building Council's annual Living Future Conference. I enjoyed the conference a lot, and especially the very practical financial focus in several of the sessions.

Moving the needle on real estate investment was the topic of a Living Future panel including Jason Twill (Vulcan), David Baker (Earth Economics), Theddi Wright Chappell (Cushman & Wakefield), Stuart Cowan (Autopoiesis). They noted that investment in sustainable real estate seems to be "topping out" in the market at this time ? at LEED Platinum. Their hope is to help the market cross that barrier into higher realms of sustainable achievement, such as the Living Building Challenge.
Jason, David, Stuart, and Theddi are coauthors of "Economics of Change: Catalyzing the Investment Shift Towards a Restorative Built Environment." The research study was funded by Bullitt Foundation, a long time supporter of environmental protection in the Northwest. The point of the study was to "provide evidence of monetized environmental and social benefits...currently not considered in conventional real estate model(s)." The authors hope to provide a defensible rationale for including these public and private benefits into investment models, appraiser methodologies, and supporting policies. This is especially important for U.S. real estate investments where ROI and IRR are the ultimate drivers of most transactions.
The report lays out the ABC's, if you will, of Ecosystem Goods and Services, the potential Ecosystem Services that Living Buildings might provide, and finally the opportunity to measure, monetize, and value those ecosystem services. The study takes a scholarly approach, a step up from the early days when we in the green building field had to rely more on reason and intuition, since we had little real data to base our assumptions on. (Not that reason and intuition is bad...it's what got us here, yes?).

The report also introduces the concept of integrated real estate investment modeling. From this layperson's view, it seems to build on the conventional model, rather than replace it ? an approach that makes a good deal of sense. The methodology they propose will allow many environmental and social benefits currently valued at zero to be seen as economically valuable, and therefore marketable. In the next phase of their work, they plan to produce detailed calculations and case studies of the environmental and social benefits of Living Buildings, test the impact of these values of valuation models or appraisals, and create an open source prototype of the integrated real estate investment marketing tool to "demonstrate how environmental and social benefits can be embedded within a pro forma in an new building development context."
In addition to taking this tool out to the real estate development communities (appraisers and valuation specialists), they hope to provide a basis for changes in local, state, and federal policy that will acknowledge public benefits of Living Building development and incentivize it.
As Theddi noted, "right now investors are going for the low hanging fruit ? energy efficiency ? for example. We need to provide sufficient rationale if we want them to go beyond that."

Hear, hear.

Kathleen O'Brien is a long time advocate for green building and sustainable development since before it was "cool." She lives in a green home, and drives a hybrid when she drives at all. Having recently sold her firm, O'Brien & Company, she is now focused on leadership work with those "still in the trenches." �For more info see www.emergeleadership.net

building green buidling sustainability

Fluor Stock To Go Ex-dividend Tomorrow (FLR)

skyscraper industry construction

BCIN Designer Requirements and Qualifications to Meet Code

The Building Code Identification Number or BCIN is the result of Ministry of Municipal Affairs & Housing process to streamline building permitting in Ontario. Specifically Bill 124 of article 2.17.5.1 of the Ontario Building Code requires designers to be licensed. When using a BCIN designer you will know that you have hired someone who had to meet educational and other requirements necessary to submit building permits.

A design firm or individual who is engaged in providing the public with design activities must be licensed. Whoever the registrant is of a partnership or corporation will be required to be licensed. This could be an officer, partner, and/or an employee of a firm. Anyone who will be reviewing and taking responsibility on any design activities will have to be licensed and have a identification number from the Ministry. Every five years the code is updated, therefore, licensees will have to update their qualifications at that time.

Responsibility for qualification and registration lies with the firm or individual. The municipality holds the responsibility of validating information listed on the application, making sure that proper insurance is in force, and that registration with the province has been filed. It also accepts, approves, renews, suspends, and revokes licenses. In addition, it is under the municipality's jurisdiction to enforce the building codes.

Any documents that are filed with the chief building official must have the identification number of the firm and the qualified person listed. This qualified person must also submit a statement of responsibility for any design activities. This person will also be required to have his or her name and signature on the document.

Builders, officials, and designers can easily be verified for registration and qualification requirements. By searching online for the Qualification and Registration Tracking System, or QuARTS, the public is allowed the information needed to make sure they are dealing with professionals who are compliant with the codes. To access the information you will need one of three pieces of information, the last name of the individual (first too if possible), or the name of the company, or the BCIN. The site is in both English and French.

By searching QuARTS you will be presented with the following information, the name and BCIN, what area of qualification has been met, what the categories of qualification has been met, the status, a link to the organization's information. The organization information includes the address, telephone, fax and E-mail address, and the name of the company. The identification number, status, and registration are again shown.

Bill 124, in addition to requiring qualifications, registration, and insurance, also instituted time frame for processing, issuance, or for the provision of a permit rejection. The required application forms for permits were standardized for use across the province. Fee structure rules were instituted, and inspections became mandatory at benchmark stages of construction.

With the intent on providing qualified plans for permits, the Ministry works with professionals to make the process easier. A BCIN designer, other builders, the community, as well as the owner of the building project will spend less time in the permit process and more time getting the job completed. Search online for education locations and requirements.



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Preschool in Timayui, Colombia

Giancarlo Mazzanti designs a preschool for a low-income neighborhood outside of Santa Marta on Colombia's Caribbean coast. Video by Juan Carlos Lorza.

construction building green buidling

PDC Consultants: Australia

PDC Consultants integrates design and review throughout a project?s lifecycle using Autodesk Navisworks products.

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Thursday, August 30, 2012

Listing of the week: Al Capone's Palm Island estate

For sale for a cool $9.95 million. Al Capone was Brooklyn-born and long ruled the streets of Chicago before he decided to make Florida his permanent residence.For sale for a cool $9.95 million. Al Capone was Brooklyn-born and long ruled the streets of Chicago before he decided to make Florida his permanent residence.




industry construction building

Michigan residential real estate market looking better as home sales and prices up, foreclosures down

Recent data on Michigan's housing market looks promising as home sales and prices have risen while foreclosure sales have dropped.

contractor architecture architect

The Housing Choices of Echo Boomers

Consultant Tim Smith blogs about Gen Y for his Echo Boom Blog. Here, he talks to Multifamily Executive about why this generation is changing the face of the housing market and how developers can appease them.

skyscraper industry construction

Does a Roof Deck Increase a Town House?s Resale Value?

We live on the top floor of a brownstone and have rights to the roof. Would it be worth having a deck built before selling the apartment?

sustainability contractor architecture

Mechanical Supervising Engineer IV

Thank you for your interest in the Mechanical Supervising Engineer IV. To begin the application process, please enter your information below.

industry construction building

Dycom shares plunge aftermarket on weak 4Q report

building green buidling sustainability

Reflect

For Miami residents hurrying through the lobby of the city's Stephen P. Clark Government Center lobby, art imitates life.

construction building green buidling

Lehigh Valley's housing market gaining strength

From the high end to the low, Realtor Alice Fortunato said something new happened this spring and summer - multiple offers on homes.

industry construction building

Wednesday, August 29, 2012

S. A. Miro, Inc.: Children's Hospital Colorado

Innovative Autodesk BIM solutions drive faster project completion and reduce costs on a major addition to Children?s Hospital Colorado.

architecture architect engineering

Preschool in Timayui, Colombia

Giancarlo Mazzanti designs a preschool for a low-income neighborhood outside of Santa Marta on Colombia's Caribbean coast. Video by Juan Carlos Lorza.

green buidling sustainability contractor

Alice Acres owner putting his dream up for sale

Alice Acres, the 20-acre farm, nursery and ice cream shop on Military Highway, is up for sale after a long financial struggle.

builders skyscraper industry

Greg Booth: 1964-2012

Greg Booth, business manager for International Brotherhood of Electrical Workers Local 1, died Aug.

green buidling sustainability contractor

Research and Markets: Planned Oil and Gas Pipelines - Global Market...

Research and Markets has announced the addition of GlobalData's new report "Planned Oil and Gas Pipelines - Global Market Analysis, Competitive Landscape and Major Projects to 2016" to their offering.

architect engineering builders

Research and Markets: Conflict in Construction - Deal with All Types...

Research and Markets has announced the addition of John Wiley and Sons Ltd's new book "Conflict in Construction" to their offering.

architect engineering builders

At 35,000-Member Rally, AFL-CIO Attempts the Herculean

"A worker voting for Mitt Romney is like a chicken voting for Colonel Sanders," says AFL-CIO President Richard Trumka.

industry construction building

Acquisition spree fuels growth at Bunzl (Financial Times)

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Tuesday, August 28, 2012

BCIN Designer Requirements and Qualifications to Meet Code

The Building Code Identification Number or BCIN is the result of Ministry of Municipal Affairs & Housing process to streamline building permitting in Ontario. Specifically Bill 124 of article 2.17.5.1 of the Ontario Building Code requires designers to be licensed. When using a BCIN designer you will know that you have hired someone who had to meet educational and other requirements necessary to submit building permits.

A design firm or individual who is engaged in providing the public with design activities must be licensed. Whoever the registrant is of a partnership or corporation will be required to be licensed. This could be an officer, partner, and/or an employee of a firm. Anyone who will be reviewing and taking responsibility on any design activities will have to be licensed and have a identification number from the Ministry. Every five years the code is updated, therefore, licensees will have to update their qualifications at that time.

Responsibility for qualification and registration lies with the firm or individual. The municipality holds the responsibility of validating information listed on the application, making sure that proper insurance is in force, and that registration with the province has been filed. It also accepts, approves, renews, suspends, and revokes licenses. In addition, it is under the municipality's jurisdiction to enforce the building codes.

Any documents that are filed with the chief building official must have the identification number of the firm and the qualified person listed. This qualified person must also submit a statement of responsibility for any design activities. This person will also be required to have his or her name and signature on the document.

Builders, officials, and designers can easily be verified for registration and qualification requirements. By searching online for the Qualification and Registration Tracking System, or QuARTS, the public is allowed the information needed to make sure they are dealing with professionals who are compliant with the codes. To access the information you will need one of three pieces of information, the last name of the individual (first too if possible), or the name of the company, or the BCIN. The site is in both English and French.

By searching QuARTS you will be presented with the following information, the name and BCIN, what area of qualification has been met, what the categories of qualification has been met, the status, a link to the organization's information. The organization information includes the address, telephone, fax and E-mail address, and the name of the company. The identification number, status, and registration are again shown.

Bill 124, in addition to requiring qualifications, registration, and insurance, also instituted time frame for processing, issuance, or for the provision of a permit rejection. The required application forms for permits were standardized for use across the province. Fee structure rules were instituted, and inspections became mandatory at benchmark stages of construction.

With the intent on providing qualified plans for permits, the Ministry works with professionals to make the process easier. A BCIN designer, other builders, the community, as well as the owner of the building project will spend less time in the permit process and more time getting the job completed. Search online for education locations and requirements.



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engineering builders skyscraper

S. A. Miro, Inc.: Children's Hospital Colorado

Innovative Autodesk BIM solutions drive faster project completion and reduce costs on a major addition to Children?s Hospital Colorado.

green buidling sustainability contractor

Metal Roofs: The Revolutionary Roofing Systems (greatpossibilities)

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Parsons Brinckerhoff: Presidio Parkway

Parsons Brinchkerhoff uses an Autodesk BIM solution to redesign and construct the Presidio Parkway in San Francisco.

architecture architect engineering

ETS Election April 26 - May 1

Election of new Board of Director members for the AACE East Tennessee Section begins on Tuesday, April 26 and runs through Sunday, May 1. Section members can v...

engineering builders skyscraper

URS Corp. hires on new VP of contracts

URS Corp. has named Debbie Thurman as their new vice president of contracts and procurement for the federal services division, according to a Govconwire announcement .

building green buidling sustainability

Selling a Town on Rentals

Selling a Town on Rentals: DESPITE a dearth of buyers and a glut of renters these days, an effort to...

builders skyscraper industry

May Newsletter

The May newsletter is now online. This newsletter has a summary of the April meeting and information about the PMI joint luncheon on Wednesday.

...

skyscraper industry construction

Monday, August 27, 2012

Tetra Tech awarded $17 million Vietnam airport contract

Tetra Tech Inc. has received a $17 million contract to help clean up dioxin contamination left over from the Vietnam War at Da Nang Airport.

architecture architect engineering

home construction continues to improve in July

The Portland area's homebuilding market is shaping up to be the strongest since 2008.

architecture architect engineering

URS Corp. hires on new VP of contracts

URS Corp. has named Debbie Thurman as their new vice president of contracts and procurement for the federal services division, according to a Govconwire announcement .

engineering builders skyscraper

Fluor Corporation (FLR): Today's Featured Materials & Construction Laggard

architect engineering builders

RLF: Irwin Army Community Hospital

RLF uses Autodesk BIM solutions to design and coordinate a fast-track government healthcare facility?on time and on budget.

architect engineering builders

Layne Christensen Company to Celebrate 130 Year Anniversary by Ringing The NASDAQ Stock Market Opening Bell

[GlobeNewswire] - MISSION WOODS, Kan. -- Layne Christensen Company ("Layne" or the "Company") announced today that Chief Executive Officer Rene Robichaud will commemorate Layne's 130th anniversary by ...

sustainability contractor architecture

BCIN Designer Requirements and Qualifications to Meet Code

The Building Code Identification Number or BCIN is the result of Ministry of Municipal Affairs & Housing process to streamline building permitting in Ontario. Specifically Bill 124 of article 2.17.5.1 of the Ontario Building Code requires designers to be licensed. When using a BCIN designer you will know that you have hired someone who had to meet educational and other requirements necessary to submit building permits.

A design firm or individual who is engaged in providing the public with design activities must be licensed. Whoever the registrant is of a partnership or corporation will be required to be licensed. This could be an officer, partner, and/or an employee of a firm. Anyone who will be reviewing and taking responsibility on any design activities will have to be licensed and have a identification number from the Ministry. Every five years the code is updated, therefore, licensees will have to update their qualifications at that time.

Responsibility for qualification and registration lies with the firm or individual. The municipality holds the responsibility of validating information listed on the application, making sure that proper insurance is in force, and that registration with the province has been filed. It also accepts, approves, renews, suspends, and revokes licenses. In addition, it is under the municipality's jurisdiction to enforce the building codes.

Any documents that are filed with the chief building official must have the identification number of the firm and the qualified person listed. This qualified person must also submit a statement of responsibility for any design activities. This person will also be required to have his or her name and signature on the document.

Builders, officials, and designers can easily be verified for registration and qualification requirements. By searching online for the Qualification and Registration Tracking System, or QuARTS, the public is allowed the information needed to make sure they are dealing with professionals who are compliant with the codes. To access the information you will need one of three pieces of information, the last name of the individual (first too if possible), or the name of the company, or the BCIN. The site is in both English and French.

By searching QuARTS you will be presented with the following information, the name and BCIN, what area of qualification has been met, what the categories of qualification has been met, the status, a link to the organization's information. The organization information includes the address, telephone, fax and E-mail address, and the name of the company. The identification number, status, and registration are again shown.

Bill 124, in addition to requiring qualifications, registration, and insurance, also instituted time frame for processing, issuance, or for the provision of a permit rejection. The required application forms for permits were standardized for use across the province. Fee structure rules were instituted, and inspections became mandatory at benchmark stages of construction.

With the intent on providing qualified plans for permits, the Ministry works with professionals to make the process easier. A BCIN designer, other builders, the community, as well as the owner of the building project will spend less time in the permit process and more time getting the job completed. Search online for education locations and requirements.



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green buidling sustainability contractor

Utility Worker Unions File NLRB Complaint Against CL&P For Treatment During June Info Picket

Two unions representing utility workers said Thursday that they filed complaints with the National Labor Relations Board earlier this month, claiming that officials at Connecticut Light & Power sought to keep employees from an informational picket in late June.

green buidling sustainability contractor

Sunday, August 26, 2012

The Lock, Stock, and Barrel Listing

The Lock, Stock, and Barrel Listing: Long common in resort and second-home communities, the practice...

engineering builders skyscraper

DJC Green Building Blog

Study makes a case for developing more living buildings

The following post is by Kathleen O'Brien:

In early May, I traveled to Portland to the Cascadia Green Building Council's annual Living Future Conference. I enjoyed the conference a lot, and especially the very practical financial focus in several of the sessions.

Moving the needle on real estate investment was the topic of a Living Future panel including Jason Twill (Vulcan), David Baker (Earth Economics), Theddi Wright Chappell (Cushman & Wakefield), Stuart Cowan (Autopoiesis). They noted that investment in sustainable real estate seems to be "topping out" in the market at this time ? at LEED Platinum. Their hope is to help the market cross that barrier into higher realms of sustainable achievement, such as the Living Building Challenge.
Jason, David, Stuart, and Theddi are coauthors of "Economics of Change: Catalyzing the Investment Shift Towards a Restorative Built Environment." The research study was funded by Bullitt Foundation, a long time supporter of environmental protection in the Northwest. The point of the study was to "provide evidence of monetized environmental and social benefits...currently not considered in conventional real estate model(s)." The authors hope to provide a defensible rationale for including these public and private benefits into investment models, appraiser methodologies, and supporting policies. This is especially important for U.S. real estate investments where ROI and IRR are the ultimate drivers of most transactions.
The report lays out the ABC's, if you will, of Ecosystem Goods and Services, the potential Ecosystem Services that Living Buildings might provide, and finally the opportunity to measure, monetize, and value those ecosystem services. The study takes a scholarly approach, a step up from the early days when we in the green building field had to rely more on reason and intuition, since we had little real data to base our assumptions on. (Not that reason and intuition is bad...it's what got us here, yes?).

The report also introduces the concept of integrated real estate investment modeling. From this layperson's view, it seems to build on the conventional model, rather than replace it ? an approach that makes a good deal of sense. The methodology they propose will allow many environmental and social benefits currently valued at zero to be seen as economically valuable, and therefore marketable. In the next phase of their work, they plan to produce detailed calculations and case studies of the environmental and social benefits of Living Buildings, test the impact of these values of valuation models or appraisals, and create an open source prototype of the integrated real estate investment marketing tool to "demonstrate how environmental and social benefits can be embedded within a pro forma in an new building development context."
In addition to taking this tool out to the real estate development communities (appraisers and valuation specialists), they hope to provide a basis for changes in local, state, and federal policy that will acknowledge public benefits of Living Building development and incentivize it.
As Theddi noted, "right now investors are going for the low hanging fruit ? energy efficiency ? for example. We need to provide sufficient rationale if we want them to go beyond that."

Hear, hear.

Kathleen O'Brien is a long time advocate for green building and sustainable development since before it was "cool." She lives in a green home, and drives a hybrid when she drives at all. Having recently sold her firm, O'Brien & Company, she is now focused on leadership work with those "still in the trenches." �For more info see www.emergeleadership.net

construction building green buidling

Great Lakes Dredge names William Steckel as SVP, CFO, effective August 20

engineering builders skyscraper

Caterpillar cuts China production as slump reaches mining

Xu Biao could sit in his office waiting for orders to roll in during a Chinese building boom two years ago.

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Sponsored By:

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The Construction Contractor's Digest | Construction Executive Advisory

Sam,

Thank you for your gift of a book and kind note. These are both treasures.

I have thought about your question concerning what to do with the book that demanded a large investment on your part.

Here is a partial answer, I will think about this over the next month and drop you a note or two.

Books, as you know, are slow movers unless you are Oprah. This is good and bad. Good ? a steady flow of interests over years as people discover yours. Bad ? not the immediate recognition it deserves.

So, the fun part of this is the creation of marketing support and selling it. You have time to do both. Here are some things we do:

? Weblog ? I continue to write sparingly on it but, it keeps the rankings up and does generate some engagement with people in the industry
? Newsletter ? some of this is work but, it is not if you like to write. Each time it publishes, there is some feedback from your readers.
? Commercial website with a shopping cart ? this helps establish presence and sell books.
? IPhone ? have the Square credit card commerce service ? if I meet someone and happen to mention construction. We find our way to talking about my books. I might sell one and take their credit card right then and there ? $2.75 per swipe charge. I can be a sales person at times and it is fun.
? Electronically convert it ? it is a lower margin but, higher / more widespread (worldwide) distribution. Both of mine are. The third which will be based on PhD research is my ?opus?. It is a construction business system that is along the lines of ?Good to Great?. It will be real charge to perfect it and publish it. I am ?amped? (Late 2013)

Your publisher can help in several ways to market ? most don?t since the ROI in book publishing is single digits ? so many are just printers with a rolodex of contacts to send samples to ? then they play catch with any orders that may result ? (they don?t sell or market). That leaves you to the be the chief believer ? salesperson and marketer ? of the book.

What comes to mind for you ? this is my sense ? that you could have a lot of fun visiting book clubs, libraries, associations and bookstores across the U.S. (maybe elsewhere). As long as somebody buys a required number, you tell them you will show up. Jet Blue / SW Airlines / Hotwire / a hybrid car etc. make travel cheap and string a few close cities together and you may make a profit. Throw in a 2 hour breakfast meeting at Association Y and then a strategic planning session / future trends speech and you have made a couple of dollars.

University students need to hear about managing labor, field experience, negotiation skills among other expertise you have. Many of them will thank you at the end of the course. They will realize the wisdom and that you cared to tell them about ?reality?.

Not glamorous but, this is the life we choose as authors, writers, advisors and educators.

As far as your statement about your last book, I don?t know if you are accurate. Never ask a NFL player his future plans after the Super Bowl or an author after his / her last book. A person?s perspective is sensitive to time and in the football player?s case, one that reflects his tired / hurt body after an 8 month season.

I know of no one who ever stopped writing. They write something until their ?cold, dead fingers? are removed from pen / laptop.

To me, being significant is most important in this professional life. It is not shared by everyone but, then again I am a believer in what I believe.

More later.

Matt

industry construction building

New Complex at USC School of Cinematic Arts

Autodesk BIM solutions improve the design, construction, and operation of a new educational complex for the School of Cinematic Arts at the University of Southern California (USC).

architect engineering builders

Nation's Biggest Builder Grows Bigger

D.R. Horton has bought Breland Homes, boosting its market presence in Alabama and Mississippi.

architecture architect engineering

Saturday, August 25, 2012

Home builders face long, bumpy road to recovery

The home building industry is back on the road to recovery, but its going to be a long, bumpy ride. "(Housing is) bouncing along a bottom level,? said economist Gary Shilling, who heads an investment research firm. ?This is still a very distressed industry.?The home building industry is back on the road to recovery, but its going to be a long, bumpy ride. "(Housing is) bouncing along a bottom level,? said economist Gary Shilling, who heads an investment research firm. ?This is still a very distressed industry.?




contractor architecture architect

Wright Express Releases Monthly Construction Fuel Consumption Index (FCI) Results

Wright Express Corporation , a leading global provider of value-based business payment processing and information management solutions, in collaboration with IHS , the leading global source of information and analytics, today released results of its Wright Express Construction Fuel Consumption Index , which indicated an increase of 1.4% in July ... (more)

sustainability contractor architecture

Caterpillar cuts China production as slump reaches mining

Xu Biao could sit in his office waiting for orders to roll in during a Chinese building boom two years ago.

skyscraper industry construction

Kirkpatrick Oil Field Office

A time-lapse video shows an outdoor space in the Hennessey, Oklahoma project.

green buidling sustainability contractor

DJC Green Building Blog

Study makes a case for developing more living buildings

The following post is by Kathleen O'Brien:

In early May, I traveled to Portland to the Cascadia Green Building Council's annual Living Future Conference. I enjoyed the conference a lot, and especially the very practical financial focus in several of the sessions.

Moving the needle on real estate investment was the topic of a Living Future panel including Jason Twill (Vulcan), David Baker (Earth Economics), Theddi Wright Chappell (Cushman & Wakefield), Stuart Cowan (Autopoiesis). They noted that investment in sustainable real estate seems to be "topping out" in the market at this time ? at LEED Platinum. Their hope is to help the market cross that barrier into higher realms of sustainable achievement, such as the Living Building Challenge.
Jason, David, Stuart, and Theddi are coauthors of "Economics of Change: Catalyzing the Investment Shift Towards a Restorative Built Environment." The research study was funded by Bullitt Foundation, a long time supporter of environmental protection in the Northwest. The point of the study was to "provide evidence of monetized environmental and social benefits...currently not considered in conventional real estate model(s)." The authors hope to provide a defensible rationale for including these public and private benefits into investment models, appraiser methodologies, and supporting policies. This is especially important for U.S. real estate investments where ROI and IRR are the ultimate drivers of most transactions.
The report lays out the ABC's, if you will, of Ecosystem Goods and Services, the potential Ecosystem Services that Living Buildings might provide, and finally the opportunity to measure, monetize, and value those ecosystem services. The study takes a scholarly approach, a step up from the early days when we in the green building field had to rely more on reason and intuition, since we had little real data to base our assumptions on. (Not that reason and intuition is bad...it's what got us here, yes?).

The report also introduces the concept of integrated real estate investment modeling. From this layperson's view, it seems to build on the conventional model, rather than replace it ? an approach that makes a good deal of sense. The methodology they propose will allow many environmental and social benefits currently valued at zero to be seen as economically valuable, and therefore marketable. In the next phase of their work, they plan to produce detailed calculations and case studies of the environmental and social benefits of Living Buildings, test the impact of these values of valuation models or appraisals, and create an open source prototype of the integrated real estate investment marketing tool to "demonstrate how environmental and social benefits can be embedded within a pro forma in an new building development context."
In addition to taking this tool out to the real estate development communities (appraisers and valuation specialists), they hope to provide a basis for changes in local, state, and federal policy that will acknowledge public benefits of Living Building development and incentivize it.
As Theddi noted, "right now investors are going for the low hanging fruit ? energy efficiency ? for example. We need to provide sufficient rationale if we want them to go beyond that."

Hear, hear.

Kathleen O'Brien is a long time advocate for green building and sustainable development since before it was "cool." She lives in a green home, and drives a hybrid when she drives at all. Having recently sold her firm, O'Brien & Company, she is now focused on leadership work with those "still in the trenches." �For more info see www.emergeleadership.net

builders skyscraper industry

Longshore union leader Leal Sundet denies making threats, still pursues Port of Portland work

The government painted Leal Sundet as the bad guy, the union official who threatened to shut down the Port of Portland 's terminal operator if it didn't give longshoremen a couple of jobs.

builders skyscraper industry

The U.S. Commerce Department said Thursday that new-home sales...

Sales of new homes in the United States rose 3.6% in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.

architect engineering builders

Media General's next CEO sees company well-positioned for growth

The next CEO of Media General Inc. said Wednesday that he believes the company has a good future with its new business model of focusing on broadcasting and digital media.

sustainability contractor architecture

Friday, August 24, 2012

New York State Association of REALTORS: New York Market Continues Solid Summer With Closed Sales, Median Price and Pending Sales up in July (Market Wire)

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skyscraper industry construction

Does a Roof Deck Increase a Town House?s Resale Value?

We live on the top floor of a brownstone and have rights to the roof. Would it be worth having a deck built before selling the apartment?

builders skyscraper industry

Back-to-back Contracts for Jacobs

industry construction building

Central Maine Power constructs new power lines

A big operation is underway this week as construction crews worked by both land and by air today to erect power lines across the Penobscot River.

construction building green buidling

Home sales climb 2.3% in July

July home sales rose 2.3% from June, and 10.4% from a year earlier, to an annual rate of 4.47 million, according to a report from the National Association of Realtors.

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New Complex at USC School of Cinematic Arts

Autodesk BIM solutions improve the design, construction, and operation of a new educational complex for the School of Cinematic Arts at the University of Southern California (USC).

industry construction building

Existing Home Sales Jump in July

The housing market is on a slow road to recovery. Sales of existing homes climbed 2.3 percent to a seasonally adjusted annual rate of 4.47 million in July, according to the National Association of Realtors.

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Lancaster Homes: Lancaster Homes Announces Opening of Candlelight Place Phase II in Houston, TX (Market Wire)

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Thursday, August 23, 2012

Home resales rise, housing recovery inches along

America has some 13 million trained hunters, GQ reports in a new investigation into the thousands of local stores that sell guns.

building green buidling sustainability

Little Risk of Home Builder Liquidity Woes, Analyist Says

Little Risk of Home Builder Liquidity Woes, Analyist Says: Home building companies don?t...

architecture architect engineering

Warren Buffett Cancels A Municipal Debt Bet 5 Years Early

Berkshire Hathaway Inc. terminated a large wager on the municipal-bond market five years early, the Wall Street Journal quoted a person familiar with the transaction as saying.

building green buidling sustainability

Pulte to Cut Executives

Pulte to Cut Executives: PulteGroup Inc., the country?s second-largest home builder by annual...

green buidling sustainability contractor

Layne Christensen Company to Celebrate 130 Year Anniversary by Ringing The NASDAQ Stock Market Opening Bell

[GlobeNewswire] - MISSION WOODS, Kan. -- Layne Christensen Company ("Layne" or the "Company") announced today that Chief Executive Officer Rene Robichaud will commemorate Layne's 130th anniversary by ...

architecture architect engineering

S. A. Miro, Inc.: Children's Hospital Colorado

Innovative Autodesk BIM solutions drive faster project completion and reduce costs on a major addition to Children?s Hospital Colorado.

engineering builders skyscraper

College Football Recruiting 2013: Odds on Where Top OT Laremy Tunsil Will Sign

Every college football team wants a guy like Laremy Tunsil: a monster offensive lineman that they can plug in from day one and have their quarterback's blind spot covered for the next three to four years.

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Union Dental and Drinkable Air File for Canadian Patent

The filing was done on behalf of a newly formed Joint Venture between Union Dental and Drinkable Air.

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Wednesday, August 22, 2012

Sponsored By:

building green buidling sustainability

Actividades de Construccion y Servicios S.A. (ACS) - Financial and...

The company is principally engaged in the construction business and offers related services.

industry construction building

AIA 2012 CAE Educational Facility Design Awards Announced

The American Institute of Architects Committee on Architecture for Education has selected the winners of this year's CAE Educational Facility Design Awards.

engineering builders skyscraper

Whippings for Workers and Locusts for Savers

The strike at Caterpillar's Joliet plant has ended in a crushing defeat for the union.

architecture architect engineering

Loveland's Lynn and Norma Hammond are grand marshals for this year's...

The couple will be part of the official welcome at 5 p.m. on Friday during the kickoff to the festival.

contractor architecture architect

Wells Fargo's Confidence in Housing Leads to Lending

The bank has created a new group dedicated to supporting builders and developers.

sustainability contractor architecture

Oil Rises a Fifth Day on U.S. Economic Outlook, Saudi Production

Oil climbed for a fifth day in New York, the longest streak of gains in a month, on signs of a strengthening U.S. economy and speculation that higher Saudi Arabian crude output indicates increasing demand for fuel.

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SHoP Construction

SHoP Construction uses Autodesk BIM 360 Glue to enhance project visualization and collaboration on the world?s tallest modular building.

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