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Real Estate & Housing – Faculty of Architecture – Delft University of Technology 23 juni 2022 1/31 Peter de Jong Hilde Remøy Wiechert Schenk Investing in possibilities The feasibility of adaptable office buildings Real Estate & Housing – Faculty of Architecture – Delft University of Technology

Investing in possibilities The feasibility of adaptable office buildings

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Investing in possibilities The feasibility of adaptable office buildings. Peter de Jong Hilde Remøy Wiechert Schenk. Real Estate & Housing – Faculty of Architecture – Delft University of Technology. Index. Introduction Adaptable office buildings The market Recommendations. 14% vacancy. - PowerPoint PPT Presentation

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Page 1: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 1/31

Peter de JongHilde RemøyWiechert Schenk

Investing in possibilitiesThe feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology

Page 2: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 2/31

Index

• Introduction• Adaptable office buildings• The market• Recommendations

Page 3: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 3/31

Sustainability14% vacancy

Page 4: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 4/31

Objective

The feasibility of anticipating future programmatic change of commercial office buildings:

Legal feasibility

Technical feasibility

Financial feasibility

Commercial feasibility

Page 5: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 5/31

The adaptable office building

Page 6: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 6/31

Legal feasibility

• Spatial planning act• Building decree

Page 7: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 7/31

Technical feasibility

Structure

Measurement

Floor layout

Horizontal and vertical extendibility

(Emergency) Exits

Structure flexibility

Page 8: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 8/31

Technical feasibility

SkinDifferent requirements of building physics Windows and balconiesVisual design

Not load bearing, easily demountable, replace or adapt to be decided if transformed

Page 9: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 9/31

Services

Installations differ in type

Installations positioned vertically versus horizontally

The installations as well as the shafts are not reusable: no integration with the construction!

Technical feasibility

Page 10: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 10/31

How to

Design measures: measurement, layout, positioning of exits have no influence on construction costs

Technical measures: construction typology influences the building costs

Page 11: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 11/31

Two building types

Single corridor Central core

Page 12: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 12/31

Single corridor

Construction: load bearing outer walls and hollow core beams

Measurement: depth 14.4m, structural grid 1.8m

Page 13: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 13/31

Single corridorDesign measures:

Structure

Housing units: gallery entrance

Technical measures:

Horizontal extendibility: Columns in the facade

Vertical extendibility: Up to two floors can be added

Page 14: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 14/31

Single corridor

Technical measures• Structure

120 minutes structural strength in case of fire

Construction type: Columns and monolithic post-stressed floors

Preferable construction type

Standard construction type

Page 15: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 15/31

Central core

Structure

sturdy core and a structural grid of columns

Measurement

9m. from facade to core

Facade

Not load bearing

Page 16: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 16/31

Central core

Design stepsHousing units: entrances

around the coreConstruction: Columns

in the facadeMeasurements: Depth

between 7.2 and 12mTechnical measures

120 minutes structural strength in case of fire

Page 17: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 17/31

Financial feasibility

Financial consequences of the adaptable single corridor building: 3% extra of the total investment costs.

Page 18: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 18/31

Conclusion ‘the adaptable office’Legal feasibility:

Precondition in the development phase of the office building

Technical feasibilityMulti functional structure, replaceable skin and services.Central core building are already adaptableSingle corridor buildings are not jet adaptable

Financial feasibility3% of the total investment costs.

Page 19: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 19/31

Conclusion ‘the adaptable office’

‘You cannot predict or control adaptability. All you can do is make

room for it’ (Brand,1994).

Page 20: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 20/31

LocationHousing market Office market

Page 21: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 21/31

LocationMixed-use locations, centrally located

Page 22: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 22/31

ArgumentsSustainability

Risk management

Future value

Page 23: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 23/31

Sustainability

Extension of the lifetime of a buildingThe construction is responsible for 30% of the pollution in a lifespan of

20 years.BREEAM-NL regards adaptability as sustainability enhancing

Sustainability is more than energy saving measures: it must be part of the design concept

Page 24: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 24/31

Risk management

The possibility of functional adaptability will decrease the risk of structural vacancy

Documentation of the adaptable possibilities will make transformation more comprehensible

Page 25: Investing in possibilities The feasibility of adaptable office buildings

Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 25/31

Future value

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Real Estate & Housing – Faculty of Architecture – Delft University of Technology20 april 2023 26/31

SummaryIt is legally and technically feasible to develop adaptable office buildings…though only the structure seems to be reusableCentral core buildings are easily adaptable, investments

of 3% extra increase the adaptability of the single corridor type

Mix-use locations are most interestingAdaptability carries only marginal costs and are

therefore a commercially interesting investment