Sustainability has become quite a common term in recent years. In the past, we only ever hear it either in science class or in news pertaining to the environment. These days, however, you are likely to hear the term used in various industries, including construction.
The term itself is broad, pertaining to people’s desire to carry out specific activities without having a negative impact on the environment. The Brundtland Commission defined it as our ability to meet “the needs of the present without compromising the ability of future generations to meet their own needs.”
Sustainability in Construction
Where construction is concerned, sustainability is a complex process that begins in the earliest stages of building development. It is necessary to keep sustainability in mind from the time one plans the construction of a building (or a group of buildings) until construction is actually commenced and completed, considering the following:
- The potential for negative environmental impact is extremely high.
- In the United Kingdom alone, construction accounts for 45% of total carbon emissions.
- More than 30% of landfill waste comes from construction activities (building or demolition of structures).
It is important to remember, as well, that the decision to construct a building carries with it an unspoken commitment to consume a significant amount of resources. For those who believe in the value of sustainability, this resource consumption has to be done as responsibly as possible.
International Property Awards – Best Mixed Use Development
Over the years, many construction and development companies and their projects from all over the world have been given the prestigious citation for Best Mixed Use Development. What exactly does it mean to be given this award? If you are an awardee, what does this award say about your company? If you are a citizen looking for homes to buy or property to rent, should this award have a bearing on your choice of property?
The aim of the International Property Awards is to celebrate exceptional achievements by property development companies. Participants are judged by a group of highly experienced professionals who specialize in a variety of disciplines within the construction and development industry. Being deemed the Best Mixed Use Development means, at the very least, that the development project has met the five sustainable construction target issues, as follows:
- Innovation and Transferability
- Ethical Standards and Social Inclusion
- Resource and Environmental Performance
- Economic Viability and Compatibility
- Contextual and Aesthetic Impact
If you are someone looking for property to rent or buy, and you value sustainability, then you should definitely take the fact that a particular development project or company has won this prestigious award as a good sign. It is a major plus factor when you’re choosing from a number of properties developed by different companies.
Primavera City – Targeting Excellence
In Cagayan de Oro City, people can be proud of the fact that one development in the city—Primavera Residences—has been granted the Best Mixed Use Development award in May 2014. The project was also cited as one of the country’s “most promising clean energy investment opportunities” by the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN) during the Philippine Clean Energy Investment Forum in 2010.
Today, the company behind Primavera Residences, Italpinas Development Corporation (IDC), is working on another major development project in Cagayan de Oro—Primavera City. As early as 2013, the project has already been given the same CTI PFAN citation as Primavera Residences. This makes it only logical to believe that IDC will also be aiming to once again be given the honor of being an International Property Awards winner, this time with Primavera City.
Being the first and currently only real estate project in the country comprised of seven mixed-use buildings with both active and passive green features, it certainly isn’t that hard to believe that Primavera City stands a great chance of being named Best Mixed Use Development, thereby successfully following in the footsteps of Primavera Residences. Cagayan de Oro now has at least two development projects to be truly proud of.
When we observe how quickly things have changed in recent years—more than half of the world’s population is now living in urban areas—we will understand why there is an urgent need for sustainable construction. And when we understand this pressing need, we will begin to appreciate development projects such as the ones implemented by IDC. The good news is that we can do our part in encouraging sustainable construction by choosing to live in a green property.