In 2019, Kāinga Ora pledged to build houses above the minimums set by the Building Code, choosing the NZ Green Building Council’s rating tool and aiming for Homestar 6 (or “good” on the 10-point scale). Shaw said the extra costs to meet this standard for new social housing had been less than first expected. “This comes as no surprise to me, but it’s been a lot cheaper to introduce that standard universally across all new builds than people were saying at first… It’s not going to take much to then leap-frog to one of the highest possible standards,” he added.
Build-to-rent âa slow burnâ, says Frasers boss
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The developer and investor, a subsidiary of Singaporean property giant Frasers Property Limited, secured its first Australian BTR project in Brisbane last year after successfully bidding on a $200 million pilot development offered by the Queensland state government.Â
Construction of the 25-level Fortitude Valley tower with 354 apartments is due to kick off later this year.
âWe still think BTR is a slow burn,â says Frasers Property Australia CEO Anthony Boyd.Â
Rhett Wyman
While welcoming the opportunity to dip its toe in the BTR sector, Mr Boyd said much more support was needed to drive its growth at an exponential rate.
SALT LAKE CITY A Salt Lake City-based architectural firm is transforming its space into a living building. It s one of the first of its kind in the Intermountain West and is designed to operate as a natural element and generate its own energy. The hope is to kind of envision a new paradigm for architecture, and that buildings can be more than simply a place of shelter to do business and to do whatever the primary function of that building might be, said Brian Cassil, spokesman for Arch Nexus architectural firm. This building will certainly serve that, but the idea is to demonstrate and to set an example that architecture can be so much more. It can be resilient, it can be inspiring for sure. It can provide all of its own electricity on an annual basis. It can recycle and reuse water. It can incorporate agriculture, he said.
A rustic stone structure that’s been a towering beacon in a St. Lawrence Seaway community for nearly two centuries is set to become a symbol of cutting-edge economic development thanks to an entrepreneur’s tireless efforts.
The 80-foot former windmill tower in Maitland, a village five kilometres east of Brockville, was built by businessman and politician George Longley in 1827. Next to the imposing structure is Chart House, a stone building that’s being reconstructed as a showcase for modern design and construction practices.
The man behind the reclamation project is electrical engineer Philip Ling, who bought the 13-acre property that contains the tower, Chart House and nearby stables five years ago and is about to take possession of the accompanying manor house.
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