SlideShare a Scribd company logo
1 of 13
How much does it really cost to create a building? Life time costs of buildings- They still cost money after you have built them
Why worry about lifetime costs? 100 Watts Lasts 6 months Costs 25p Five year power approx 180 kWh £15.00  Five year cost = £2.50 + £15.00 = £17.50 10 Watts Lasts 5 years Costs £4.00 Five year power approx 18kWh £1.50  Five year cost = £4.00 + £1.50 = £5.50 But… How much energy to make one of these? What much cost to dispose of one? Who pays?
What does it cost to build a building? The capital costs of a new building Site acquisition Legal and statutory fees Design fees Materials Labour Administration
Construction Costs Who is interested in the costs of building? If it is built for speculative sale, the initial owner, the developer, will only be interested in construction costs If it is built for lease or short term rent, the building owner will be interested in change and disposal costs as well, but not running costs If it is built for the owner’s personal use, she will be interested in all but the disposal costs as the building will probably outlive her. Someone will eventually have to bear the cost of demolition
What does it cost to run a building? Heating Lighting Cooling  Power ENERGY Energy costs of buildings are of increasing public and political concern. Maintenance Redecoration
Running costs These will be of interest to a building owner-user or a tenant The Government is also legally interested in energy costs Building regulations cover conservation of fuel and power as a significant aspect of government policy Other regulations have been changed to allow building owners to feed power into the national grid, if their building generates a surplus of energy. An energy efficient building costs more to build than an inefficient one. Speculative builders will not be interested in such efficiency without legal pressure.
What does it cost to change a building? Why change a building? Change of use Change of technology Change of fashion Most buildings eventually become redundant for any or all of these reasons
Costs of keeping a redundant building There is no economic case for keeping a redundant building which cannot covers its costs. This is why it is called redundant Redundant buildings are kept for historical reasons (castles and keeps) Costs (it would be even more expensive to get rid of them: Nuclear power stations) Irrational pride (the Millennium Dome)
What does it cost to keep a building? Security Repair Ground rent Weather protection Millennium dome (now called the O2): ,[object Object]
 Monthly cost to mothball: £190,000
 Final “storage” cost on hand over in 2007: £33 million
 Redevelopment costs: £210 million
Finally sold (2009) for £25 million to Cambridge University.,[object Object]

More Related Content

What's hot

Pv landscape issol_pres_011013
Pv landscape issol_pres_011013Pv landscape issol_pres_011013
Pv landscape issol_pres_011013Cluster TWEED
 
2009 08 SITA - Stuart Hayward-Higham
2009 08 SITA - Stuart Hayward-Higham 2009 08 SITA - Stuart Hayward-Higham
2009 08 SITA - Stuart Hayward-Higham SevernEstuary
 
Gas fired power plants
Gas fired power plantsGas fired power plants
Gas fired power plantsDaniele Pinto
 
Future Adaptability of Building Design
Future Adaptability of Building DesignFuture Adaptability of Building Design
Future Adaptability of Building DesignCapitaSymonds
 
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11Stuart Hayward-Higham
 
ARENA: Large-scale solar photovoltaics – competitive round
ARENA: Large-scale solar photovoltaics – competitive roundARENA: Large-scale solar photovoltaics – competitive round
ARENA: Large-scale solar photovoltaics – competitive roundNSW Environment and Planning
 
15227480344906.pdf
15227480344906.pdf15227480344906.pdf
15227480344906.pdfKabeela.life
 
Strukton Sustainable Energy Solutions - Wim Porte
Strukton Sustainable Energy Solutions - Wim PorteStrukton Sustainable Energy Solutions - Wim Porte
Strukton Sustainable Energy Solutions - Wim PorteDutch Power
 
Building energy retrofitting, naturgy
Building energy retrofitting, naturgyBuilding energy retrofitting, naturgy
Building energy retrofitting, naturgyGrowSmarter
 
Presentation to Combined Heat and Power Roadshow 30 05_13
Presentation to Combined Heat and Power Roadshow 30 05_13Presentation to Combined Heat and Power Roadshow 30 05_13
Presentation to Combined Heat and Power Roadshow 30 05_13ChrisJCook
 
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...The Future Economy Network
 
CCXG Global Forum October 2018, Energy in transition by L. Varro
CCXG Global Forum October 2018, Energy in transition by L. Varro CCXG Global Forum October 2018, Energy in transition by L. Varro
CCXG Global Forum October 2018, Energy in transition by L. Varro OECD Environment
 
Towards Zero Carbon Scenarios: Application of an Australian TIMES model
Towards Zero Carbon Scenarios: Application of an Australian TIMES modelTowards Zero Carbon Scenarios: Application of an Australian TIMES model
Towards Zero Carbon Scenarios: Application of an Australian TIMES modelIEA-ETSAP
 
Presentation 8 Slides - Jan Tytgat - Umicore
Presentation 8 Slides - Jan Tytgat - UmicorePresentation 8 Slides - Jan Tytgat - Umicore
Presentation 8 Slides - Jan Tytgat - UmicoreFabrice Stassin
 

What's hot (20)

Pv landscape issol_pres_011013
Pv landscape issol_pres_011013Pv landscape issol_pres_011013
Pv landscape issol_pres_011013
 
Large-scale solar finance program
Large-scale solar finance programLarge-scale solar finance program
Large-scale solar finance program
 
2009 08 SITA - Stuart Hayward-Higham
2009 08 SITA - Stuart Hayward-Higham 2009 08 SITA - Stuart Hayward-Higham
2009 08 SITA - Stuart Hayward-Higham
 
Cities Built For Change: Adaptable Built Form
Cities Built For Change: Adaptable Built FormCities Built For Change: Adaptable Built Form
Cities Built For Change: Adaptable Built Form
 
Mark Luntley - Westmill Windfarm
Mark Luntley - Westmill WindfarmMark Luntley - Westmill Windfarm
Mark Luntley - Westmill Windfarm
 
Gas fired power plants
Gas fired power plantsGas fired power plants
Gas fired power plants
 
Future Adaptability of Building Design
Future Adaptability of Building DesignFuture Adaptability of Building Design
Future Adaptability of Building Design
 
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11
The Balancing act - Over capcity or under - SITA UK - EFW- Tuesday 11
 
ARENA: Large-scale solar photovoltaics – competitive round
ARENA: Large-scale solar photovoltaics – competitive roundARENA: Large-scale solar photovoltaics – competitive round
ARENA: Large-scale solar photovoltaics – competitive round
 
Professor Henrik Lund's Opening Speech at the #SESAAU2020 Conference, October...
Professor Henrik Lund's Opening Speech at the #SESAAU2020 Conference, October...Professor Henrik Lund's Opening Speech at the #SESAAU2020 Conference, October...
Professor Henrik Lund's Opening Speech at the #SESAAU2020 Conference, October...
 
15227480344906.pdf
15227480344906.pdf15227480344906.pdf
15227480344906.pdf
 
Strukton Sustainable Energy Solutions - Wim Porte
Strukton Sustainable Energy Solutions - Wim PorteStrukton Sustainable Energy Solutions - Wim Porte
Strukton Sustainable Energy Solutions - Wim Porte
 
Building energy retrofitting, naturgy
Building energy retrofitting, naturgyBuilding energy retrofitting, naturgy
Building energy retrofitting, naturgy
 
Presentation to Combined Heat and Power Roadshow 30 05_13
Presentation to Combined Heat and Power Roadshow 30 05_13Presentation to Combined Heat and Power Roadshow 30 05_13
Presentation to Combined Heat and Power Roadshow 30 05_13
 
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...
Skanska, Infrastructure Innovation, Carbon Reduction & Supply Chain, Low Carb...
 
CCXG Global Forum October 2018, Energy in transition by L. Varro
CCXG Global Forum October 2018, Energy in transition by L. Varro CCXG Global Forum October 2018, Energy in transition by L. Varro
CCXG Global Forum October 2018, Energy in transition by L. Varro
 
Towards Zero Carbon Scenarios: Application of an Australian TIMES model
Towards Zero Carbon Scenarios: Application of an Australian TIMES modelTowards Zero Carbon Scenarios: Application of an Australian TIMES model
Towards Zero Carbon Scenarios: Application of an Australian TIMES model
 
CBI NI energy conference: Nigel McClelland
CBI NI energy conference: Nigel McClelland CBI NI energy conference: Nigel McClelland
CBI NI energy conference: Nigel McClelland
 
Seai
SeaiSeai
Seai
 
Presentation 8 Slides - Jan Tytgat - Umicore
Presentation 8 Slides - Jan Tytgat - UmicorePresentation 8 Slides - Jan Tytgat - Umicore
Presentation 8 Slides - Jan Tytgat - Umicore
 

Similar to How much does it cost to build and maintain a building over its lifetime

Riba South Sustainability Through Envelope Efficiency
Riba South  Sustainability Through Envelope EfficiencyRiba South  Sustainability Through Envelope Efficiency
Riba South Sustainability Through Envelope EfficiencyMatt Robinson
 
Building Officers Sustainability Nbt Final
Building Officers Sustainability Nbt FinalBuilding Officers Sustainability Nbt Final
Building Officers Sustainability Nbt FinalMatt Robinson
 
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...Ken Dooley
 
Regional Training Programme on Efficient Grid-interactive buildings
Regional Training Programme on Efficient Grid-interactive buildingsRegional Training Programme on Efficient Grid-interactive buildings
Regional Training Programme on Efficient Grid-interactive buildingsSarahDean70
 
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...Ahmed Y Taha Al-Zubaydi
 
Business Case for Zero Net Energy Buildings
Business Case for Zero Net Energy BuildingsBusiness Case for Zero Net Energy Buildings
Business Case for Zero Net Energy BuildingsJerry Yudelson
 
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...The Future Economy Network
 
Innovation and Product/ Technology Implications of the Code for Sustainable H...
Innovation and Product/ Technology Implications of the Code for Sustainable H...Innovation and Product/ Technology Implications of the Code for Sustainable H...
Innovation and Product/ Technology Implications of the Code for Sustainable H...Sustainable Business Partnership
 
Embodied Energy Saved In Converted Industrial Buildings
Embodied Energy Saved In Converted Industrial BuildingsEmbodied Energy Saved In Converted Industrial Buildings
Embodied Energy Saved In Converted Industrial BuildingsMark1865
 
Affordable Housing Renewal: Workshop summary
Affordable Housing Renewal: Workshop summaryAffordable Housing Renewal: Workshop summary
Affordable Housing Renewal: Workshop summaryPembina Institute
 
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...Wind turbines in farm locations: opportunities, barriers and solutions - Davi...
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...Farming Futures
 
Green buildings and Renewable energy
Green buildings and Renewable energyGreen buildings and Renewable energy
Green buildings and Renewable energyron55456545
 
Creating a workplace to support the Millennials (Part One)
Creating a workplace to support the Millennials (Part One)Creating a workplace to support the Millennials (Part One)
Creating a workplace to support the Millennials (Part One)Nicky Thompson
 
Buildings: a huge potential for energy savings in France
Buildings: a huge potential for energy savings in France Buildings: a huge potential for energy savings in France
Buildings: a huge potential for energy savings in France Stéfan Le Dû
 
Oxford event 29 march 2011 jane edit
Oxford event 29 march 2011 jane editOxford event 29 march 2011 jane edit
Oxford event 29 march 2011 jane editl0Cusproject
 

Similar to How much does it cost to build and maintain a building over its lifetime (20)

Riba South Sustainability Through Envelope Efficiency
Riba South  Sustainability Through Envelope EfficiencyRiba South  Sustainability Through Envelope Efficiency
Riba South Sustainability Through Envelope Efficiency
 
Building Officers Sustainability Nbt Final
Building Officers Sustainability Nbt FinalBuilding Officers Sustainability Nbt Final
Building Officers Sustainability Nbt Final
 
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...
Sustainable Building Design Lecture: Technical Aspects 2015, Aalto University...
 
What is a Green Building
What is a Green BuildingWhat is a Green Building
What is a Green Building
 
Regional Training Programme on Efficient Grid-interactive buildings
Regional Training Programme on Efficient Grid-interactive buildingsRegional Training Programme on Efficient Grid-interactive buildings
Regional Training Programme on Efficient Grid-interactive buildings
 
Emex Conference
Emex ConferenceEmex Conference
Emex Conference
 
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...
21st Century Energy Efficient Building Design Towards 2060 Net Zero Emission ...
 
Derek Moss Ecofirst Code for Sustainable Homes
Derek Moss Ecofirst Code for Sustainable HomesDerek Moss Ecofirst Code for Sustainable Homes
Derek Moss Ecofirst Code for Sustainable Homes
 
Launch slides part 2
Launch slides part 2Launch slides part 2
Launch slides part 2
 
Business Case for Zero Net Energy Buildings
Business Case for Zero Net Energy BuildingsBusiness Case for Zero Net Energy Buildings
Business Case for Zero Net Energy Buildings
 
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...
GCP, PassivHaus - the solution for low energy building? Low Carbon Business B...
 
Innovation and Product/ Technology Implications of the Code for Sustainable H...
Innovation and Product/ Technology Implications of the Code for Sustainable H...Innovation and Product/ Technology Implications of the Code for Sustainable H...
Innovation and Product/ Technology Implications of the Code for Sustainable H...
 
Embodied Energy Saved In Converted Industrial Buildings
Embodied Energy Saved In Converted Industrial BuildingsEmbodied Energy Saved In Converted Industrial Buildings
Embodied Energy Saved In Converted Industrial Buildings
 
Affordable Housing Renewal: Workshop summary
Affordable Housing Renewal: Workshop summaryAffordable Housing Renewal: Workshop summary
Affordable Housing Renewal: Workshop summary
 
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...Wind turbines in farm locations: opportunities, barriers and solutions - Davi...
Wind turbines in farm locations: opportunities, barriers and solutions - Davi...
 
Doing the maths
Doing the mathsDoing the maths
Doing the maths
 
Green buildings and Renewable energy
Green buildings and Renewable energyGreen buildings and Renewable energy
Green buildings and Renewable energy
 
Creating a workplace to support the Millennials (Part One)
Creating a workplace to support the Millennials (Part One)Creating a workplace to support the Millennials (Part One)
Creating a workplace to support the Millennials (Part One)
 
Buildings: a huge potential for energy savings in France
Buildings: a huge potential for energy savings in France Buildings: a huge potential for energy savings in France
Buildings: a huge potential for energy savings in France
 
Oxford event 29 march 2011 jane edit
Oxford event 29 march 2011 jane editOxford event 29 march 2011 jane edit
Oxford event 29 march 2011 jane edit
 

More from Julian Swindell

Juhm farming in north east india
Juhm farming in north east indiaJuhm farming in north east india
Juhm farming in north east indiaJulian Swindell
 
Elements of the rural landscape
Elements of the rural landscapeElements of the rural landscape
Elements of the rural landscapeJulian Swindell
 
Introduction to building technology
Introduction to building technologyIntroduction to building technology
Introduction to building technologyJulian Swindell
 
Servicing large buildings
Servicing large buildingsServicing large buildings
Servicing large buildingsJulian Swindell
 
Options for energy_sustainability
Options for energy_sustainabilityOptions for energy_sustainability
Options for energy_sustainabilityJulian Swindell
 
Conversions of buildings
Conversions of buildingsConversions of buildings
Conversions of buildingsJulian Swindell
 
The Building Regulations and their approved documents
The Building Regulations and their approved documentsThe Building Regulations and their approved documents
The Building Regulations and their approved documentsJulian Swindell
 
Building Contracts and CDM regulations
Building Contracts and CDM regulationsBuilding Contracts and CDM regulations
Building Contracts and CDM regulationsJulian Swindell
 
CVs for work experience in property
CVs for work experience in propertyCVs for work experience in property
CVs for work experience in propertyJulian Swindell
 
The village knowledge_centres_introduction
The village knowledge_centres_introductionThe village knowledge_centres_introduction
The village knowledge_centres_introductionJulian Swindell
 
Module 2006 introduction
Module 2006 introductionModule 2006 introduction
Module 2006 introductionJulian Swindell
 
Selecting features by attributes
Selecting features by attributesSelecting features by attributes
Selecting features by attributesJulian Swindell
 
Basic tools to use in assignment3
Basic tools to use in assignment3Basic tools to use in assignment3
Basic tools to use in assignment3Julian Swindell
 
Assignment 3 second set of videos
Assignment 3  second set of videosAssignment 3  second set of videos
Assignment 3 second set of videosJulian Swindell
 

More from Julian Swindell (20)

Juhm farming in north east india
Juhm farming in north east indiaJuhm farming in north east india
Juhm farming in north east india
 
Elements of the rural landscape
Elements of the rural landscapeElements of the rural landscape
Elements of the rural landscape
 
Introduction to building technology
Introduction to building technologyIntroduction to building technology
Introduction to building technology
 
Complex services
Complex servicesComplex services
Complex services
 
Servicing large buildings
Servicing large buildingsServicing large buildings
Servicing large buildings
 
Options for energy_sustainability
Options for energy_sustainabilityOptions for energy_sustainability
Options for energy_sustainability
 
Drawings
DrawingsDrawings
Drawings
 
Conversions of buildings
Conversions of buildingsConversions of buildings
Conversions of buildings
 
The Building Regulations and their approved documents
The Building Regulations and their approved documentsThe Building Regulations and their approved documents
The Building Regulations and their approved documents
 
Building Contracts and CDM regulations
Building Contracts and CDM regulationsBuilding Contracts and CDM regulations
Building Contracts and CDM regulations
 
Remote sensing
Remote sensingRemote sensing
Remote sensing
 
Greenshopsolar photos
Greenshopsolar photosGreenshopsolar photos
Greenshopsolar photos
 
CVs for work experience in property
CVs for work experience in propertyCVs for work experience in property
CVs for work experience in property
 
Efita2007 update2011
Efita2007 update2011Efita2007 update2011
Efita2007 update2011
 
The village knowledge_centres_introduction
The village knowledge_centres_introductionThe village knowledge_centres_introduction
The village knowledge_centres_introduction
 
Module 2006 introduction
Module 2006 introductionModule 2006 introduction
Module 2006 introduction
 
Selecting features by attributes
Selecting features by attributesSelecting features by attributes
Selecting features by attributes
 
Project management
Project managementProject management
Project management
 
Basic tools to use in assignment3
Basic tools to use in assignment3Basic tools to use in assignment3
Basic tools to use in assignment3
 
Assignment 3 second set of videos
Assignment 3  second set of videosAssignment 3  second set of videos
Assignment 3 second set of videos
 

Recently uploaded

Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Mattias Andersson
 
APIForce Zurich 5 April Automation LPDG
APIForce Zurich 5 April  Automation LPDGAPIForce Zurich 5 April  Automation LPDG
APIForce Zurich 5 April Automation LPDGMarianaLemus7
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksSoftradix Technologies
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxOnBoard
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions
 
Build your next Gen AI Breakthrough - April 2024
Build your next Gen AI Breakthrough - April 2024Build your next Gen AI Breakthrough - April 2024
Build your next Gen AI Breakthrough - April 2024Neo4j
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Artificial intelligence in the post-deep learning era
Artificial intelligence in the post-deep learning eraArtificial intelligence in the post-deep learning era
Artificial intelligence in the post-deep learning eraDeakin University
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphNeo4j
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationSlibray Presentation
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 3652toLead Limited
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
AI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsAI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsMemoori
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 

Recently uploaded (20)

Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?
 
APIForce Zurich 5 April Automation LPDG
APIForce Zurich 5 April  Automation LPDGAPIForce Zurich 5 April  Automation LPDG
APIForce Zurich 5 April Automation LPDG
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other Frameworks
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptx
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping Elbows
 
Build your next Gen AI Breakthrough - April 2024
Build your next Gen AI Breakthrough - April 2024Build your next Gen AI Breakthrough - April 2024
Build your next Gen AI Breakthrough - April 2024
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Artificial intelligence in the post-deep learning era
Artificial intelligence in the post-deep learning eraArtificial intelligence in the post-deep learning era
Artificial intelligence in the post-deep learning era
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck Presentation
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
 
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptxE-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
AI as an Interface for Commercial Buildings
AI as an Interface for Commercial BuildingsAI as an Interface for Commercial Buildings
AI as an Interface for Commercial Buildings
 
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptxVulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 

How much does it cost to build and maintain a building over its lifetime

  • 1. How much does it really cost to create a building? Life time costs of buildings- They still cost money after you have built them
  • 2. Why worry about lifetime costs? 100 Watts Lasts 6 months Costs 25p Five year power approx 180 kWh £15.00 Five year cost = £2.50 + £15.00 = £17.50 10 Watts Lasts 5 years Costs £4.00 Five year power approx 18kWh £1.50 Five year cost = £4.00 + £1.50 = £5.50 But… How much energy to make one of these? What much cost to dispose of one? Who pays?
  • 3. What does it cost to build a building? The capital costs of a new building Site acquisition Legal and statutory fees Design fees Materials Labour Administration
  • 4. Construction Costs Who is interested in the costs of building? If it is built for speculative sale, the initial owner, the developer, will only be interested in construction costs If it is built for lease or short term rent, the building owner will be interested in change and disposal costs as well, but not running costs If it is built for the owner’s personal use, she will be interested in all but the disposal costs as the building will probably outlive her. Someone will eventually have to bear the cost of demolition
  • 5. What does it cost to run a building? Heating Lighting Cooling Power ENERGY Energy costs of buildings are of increasing public and political concern. Maintenance Redecoration
  • 6. Running costs These will be of interest to a building owner-user or a tenant The Government is also legally interested in energy costs Building regulations cover conservation of fuel and power as a significant aspect of government policy Other regulations have been changed to allow building owners to feed power into the national grid, if their building generates a surplus of energy. An energy efficient building costs more to build than an inefficient one. Speculative builders will not be interested in such efficiency without legal pressure.
  • 7. What does it cost to change a building? Why change a building? Change of use Change of technology Change of fashion Most buildings eventually become redundant for any or all of these reasons
  • 8. Costs of keeping a redundant building There is no economic case for keeping a redundant building which cannot covers its costs. This is why it is called redundant Redundant buildings are kept for historical reasons (castles and keeps) Costs (it would be even more expensive to get rid of them: Nuclear power stations) Irrational pride (the Millennium Dome)
  • 9.
  • 10. Monthly cost to mothball: £190,000
  • 11. Final “storage” cost on hand over in 2007: £33 million
  • 12. Redevelopment costs: £210 million
  • 13.
  • 14. Demolition costs Many buildings cost little to demolish. They are smashed up, carted off and buried, or even recycled. Some buildings are very expensive to demolish: Asbestos PCBs Prestressed concrete Some buildings are prohibitively expensive to demolish Nuclear reactors What about off-shore wind farms?
  • 15. If buildings cost so much, why build them? They satisfy needs and the costs are worth paying (benefits outweigh costs) Many buildings have an earning potential which covers their costs Rent Accommodation for valuable activities Resale value
  • 16. The ethical dilemma for the professional advisor When you are asked to advise on building costs, what do you do? Just advise on capital costs? Consider running costs? Consider whole lifetime costs? Do you give advice based on the immediate cost to your client, or the long term costs to your society? Government interest in lowering “carbon footprint” of new buildings is becoming significant. How do you respond?