The upfront cost to demolish the Calgary Saddledome has been projected at $13.8 million. The environmental repercussions of dismantling and discarding a 474,000-square-foot concrete and steel structure are more difficult to peg.
Life cycle assessment (LCA) — which can help to gauge a building’s environmental footprint from construction through to its end of life — accounts for four distinct sources of embodied carbon as a building is taken out of useful service: deconstruction/demolition; transporting debris; processing waste; and final disposal. In this case, abandonment of the now 36-year-old facility ahead of its designed lifespan will trigger those impacts.
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Brookfield’s green preferred units “on trend”
Brookfield Property Partners is targeting USD $250 million to invest in green certified buildings and upgrades through the issuance of 10 million perpetual green preferred units. Last week’s release on the Nasdaq is called an industry first. »READ MORE
IN CASE YOU MISSED IT: Canadian cities fertile for tech job growth
Toronto’s rocketing tech sector is reverberating in commercial and residential real estate markets. The city spawned more than 80,000 new tech-related jobs between 2013 and 2018 and is positioned third among 50 North American centres analyzed in CBRE’s recently released tech talent scorecard, trailing only entrenched hubs in the San Francisco Bay Area and Seattle. »READ MORE