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Life cycle costing as an early stage feasibility analysis
Tijdschriftbijdrage - Tijdschriftartikel
Ondertitel:The adaptable transformation of Willy Van Der Meeren's student residences
Understanding and exploiting the future value of existing buildings is an opportunity for property owners, developers and designers to be sustainable and offer advantages rather than burdens to successive users. However, although several assessment methods have been studied to quantify the future value of buildings, more cases are needed to illustrate their usefulness.
Commissioned by the VrijeUniversiteit Brussel's administration we studied the feasibility of the transformation of 352 student residences that have become obsolete. In order to compose a thorough advice, architectural explorations and life cycle assessments have been conducted. This paper reports on the result of Life Cycle Costing on this case in particular.
Through Life Cycle Costing, the initial costs of distinct transformation strategies, conventional as well as adaptable, were put in a long term perspective.By combining assessments at element and building level,it was possible to detect the particular value of the residences’ load bearing structure and the conditions under which adaptable building can increase that value.
These findings allowed us to formulate straightforward advises in an early project stage. They are useful to both the university's administration and the architectural designers that will be commissioned. Nevertheless, in this paper we also express the technical and methodological optimisation that is necessary.
Commissioned by the VrijeUniversiteit Brussel's administration we studied the feasibility of the transformation of 352 student residences that have become obsolete. In order to compose a thorough advice, architectural explorations and life cycle assessments have been conducted. This paper reports on the result of Life Cycle Costing on this case in particular.
Through Life Cycle Costing, the initial costs of distinct transformation strategies, conventional as well as adaptable, were put in a long term perspective.By combining assessments at element and building level,it was possible to detect the particular value of the residences’ load bearing structure and the conditions under which adaptable building can increase that value.
These findings allowed us to formulate straightforward advises in an early project stage. They are useful to both the university's administration and the architectural designers that will be commissioned. Nevertheless, in this paper we also express the technical and methodological optimisation that is necessary.
Tijdschrift: Procedia Economics and Finance
ISSN: 2212-5671
Volume: 21
Pagina's: 14-22
Jaar van publicatie:2015
Trefwoorden:Sustainable building, Design for Change, Furture value of buildings, Life Cycle Costing
Toegankelijkheid:Open