The "Three E's"
Similar to the concept known as the "Triple Bottom Line," Environmental Systems Design ("ESD") has developed a comprehensive Intelligent Building solution framework that delivers results to its customers to support the "Three E’s" – Economic, Environmental and Experiential value stream.
Every new high performance, smart, intelligent, sustainable, green building that is being designed, built and operated today requires a rock-solid business case that is economically viable, environmentally sustainable and experientially successful. Investors, owners, developers, tenants, end-users and visitors alike all expect today’s buildings to be cost-effective, LEED or WELL certified and fully capable of supporting today’s digital lifestyle. To compete effectively in today’s corporate and commercial real estate markets in every market, a project must provide benefits across the spectrum of the “Three E’s. “
So…what are the “Three E’s in more detail? Let’s start with the first category – Economic performance. What are the key performance metrics of a building with superior economic attributes?
- Lower OpEx/CapEx
- Less Maintenance
- Lifespan Increase
- Asset Demand
- Adaptability Speed
- Competitive Advantage
- Energy Conservation
- Occupant Awareness
- Utility Optimization
- Grid Stress
- Green Construction
The most successful buildings today offer much more than just a place to work. As we have seen since the dawn of the new millennium, the work place is no longer a place to stare at your computer monitor all day and put in the hours. The highly experiential work place provides an extension of the digital lifestyle that starts at home and continues throughout the day as today’s workers experience a full range of places to work, collaborate and produce new ideas, new inventions and tomorrow’s products and services.
Today’s intelligent buildings are expected to have the latest and most cost-effective technology systems available on the market. In the commercial and corporate real estate market, it can sometimes be confusing about what systems are being provided by each party in the lease agreement.
To make things easier for the Owners, Developers, Tenants, Architects, Engineers, Contractors, Facility Managers, in fact, all the key stakeholder groups involved in the full life-cycle of the built environment, ESD has developed this checklist for those systems provided by the Landlord versus those provided by the Tenant.
This Week’s Sponsor
ESD is a leader in Improving Society Through the Built Environment. It creates solutions that produce economic, environmental and experiential benefits for its clients, many of whom are the biggest names in the worlds of business, technology - and beyond. The company is in the forefront of developing Intelligent Buildings. For more information, please visit www.esdglobal.com.
UPCOMING REALCOMM WEBINARS
FASB Compliance, Impacts to the Leasing Process, and Other Strategic Opportunities - 2/22/2018
With FASB compliance quickly approaching in January of 2019, organizations are required to get their real estate (as well as other assets) leases onto the corporate balance sheet. While this is primarily being done to more accurately report on the financial health of an organization by recognizing additional liabilities, there will be profound benefits realized when the data is collected and organized. Lease analysis, occupancy, utilization and other business metrics will all now be accessible for strategic planning. This webinar will focus on the compliance requirements, deadline realities, technology strategies and the long-term opportunities resulting from an enhanced and improved data organization platform.
Jean Chick is a Deloitte Partner in Real Estate and Location Strategy with over 21 years of experience. She is a leader in real estate technology enablement, portfolio optimization, advanced workplace strategy and operating model design. She has led a global corporate real estate function including all strategy, design, transaction management, facilities and program management. Jean navigates complex financial and operational issues while balancing change management to maximize return on real estate investments.
Edward Lubieniecki is a Managing Director of RealFoundations and leads the firm's corporate real estate practice. He has over 25 years' experience as a real estate management consultant. His experience with global corporate and institutional clients includes an extensive variety of assignments of significant complexity.