Featured in Building Magazine, a collaborative article between Turner & Townsend alinea, Ramboll, Stanhope, and the City of London Corporation examines the debate over whether to construct new towers or renew existing ones in London. It delves into the complexities of adaptive reuse, which involves updating existing buildings to meet modern standards.
It highlights the significant changes in the real estate market over the past five years, influenced by factors such as the COVID-19 pandemic, climate change, and new regulations. These changes have led to a preference for adaptive reuse due to its potential for lower carbon footprints and possible cost savings compared to new builds. An increased awareness of embodied carbon has prompted this serious consideration of adaptive reuse rather than redevelopment, encouraged by planning requirements.
Additionally, the article discusses the rising costs of construction, the importance of sustainable design, and the need for modern amenities in buildings. It concludes by emphasising the importance of early-stage planning and intense teamwork to create and deliver a successful project.
Read the full article here.
