Key Characteristics
Given that Building Renewals consist of a holistic approach, projects typically have the following characteristics:
Integrated:Building Renewals utilize an integrated set of strategies that reinforce and build upon each other. Energy loads, weather, systems, building envelope and orientation are all analyzed to understand how they interact. Design strategies are developed accordingly.
Sequenced:Building investments are prioritized and timed in a way to reduce loads and mitigate the scale of future investments. Capital projects, operational strategies and systems optimization efforts are all arranged on a timeline that meets market and financing needs, as well as the technical steps required to achieve the targeted energy savings.
Cohesive:Whether conducted within a year or stretched out across a multi-year investment horizon, Building Renewals are mapped out and implemented in a focused way as a package. The project scope encompasses the entire building and is part of a broader real estate strategy. The effort has a defined energy target and timeline, and team members recognize that “value-engineering” decisions or downstream alterations to planned upgrades may derail the project’s success.