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Quedará exento de la pena correspondiente por los delitos anteriores quien antes de la sentencia firme solventare totalmente las obligaciones fiscales, sin perjuicio de las

CONSTRUCCIONES PROHIBIDAS Y DELITOS CONTRA LA NATURALEZA Y EL MEDIO AMBIENTE

The building, Boulevard 6, is located in the heart of Helsinki. The property was built in 1888 for residential use initially. Today, the property is mainly used as office commercial spaces on the ground level including a restaurant. During 2010 and 2011, the property underwent extensive renovation work. The real-estate owner, RAKE OY, decided to take into account sustainable development principles in the renovation of the property which is based on the philosophy of the 143-year-old family company. This meant that the planning and execution of renovation considered financial, environmental and social factors. To be specific, sustainable construction aimed to reduce the cost of using the property as well as making the property a more attractive place for tenants to invest in. In addition to the economic benefits of the property, it enabled a reduced environmental impact through sustainable choices. Consideration was given to retention of the cultural and historical values of building, while the changes provided well-being and comfort for building users through updated modern technology.

Gaia Consulting Oy committed to analyze sustainable aspects of the refurbishment project . A consultant, Dr. Vanhanen, played a role as a sustainable agent during the entire process from the pre-design phase to the planning and construction phases. During the pre-design phase, the consultant checked all possibilities in diverse aspects including presenting all planning needs and marketing points of sustainability. During the design phase, after setting up the criteria of sustainability, he challenged planners to reconsider

options and bring new ideas on how to make the building in a more environmentally friendly way. In addition, the project analysis with regard to marketing the benefits of sustainable development indicated that sustainable refurbishment would improve the value of property by lowering the cost of maintenance; thus the property would be a more attractive place to tenants to invest and create more revenue compared to conventional refurbishment.

(based on the interview with Kenneth Cederberg, CEO of Rake Oy, owner of the Bulevardi 6 property, 07. November. 2013.)

location &

transportation material

energy solution

water & waste

management user’s well-being

ASPECTS OF SUSTAINABLE CONSTRUCTION

owner’s objectives

REFUBISHMENT PROCESS

technical & economic feasibility planning

construction

operation and maintenance

D.2.4-3. Aim of Bulevardi 6 sustainable refurbishment. GAIA. 2

D.2.4-4. Integration of sustainability in a refurbishment project GAIA.2

LIMITATION

Bulevardi 6 is a historical building with high cultural value. Yet, it brings restrictions to options for sustainable refurbishment as a protected area. For instance, Vehviläinen and Vanhanen, consultants of Gaia, mentioned that "an efficient heat recovery system was rejected because it was not possible to alter the roof profile of the building. Local renewable electricity production from solar panels on the roof was not possible for the same reason. The windows of the lowest floors of the building could not be changed to more energy efficient alternatives because that would have altered the view from outside."

Since the research project was oriented in a business-centred top-down approach, the result of the research received more positive feedback from the client, RAKE Oy, than the project architect or engineers. As the research was based on the perspective of investors and operators, it was rather focused on an economic point of view of sustainable construction such as marketing point rather than an applicable architectural guide for practical application (based on an interview with a project architect, Sarlotta Narjus, 12. Novermber. 2014).

Additionally, it should be noted that the research project was only able to start with funding by TEKES, the Finnish funding agency for innovation. Indeed, consultancy services require extra budget and time for a project. Unfortunately, not every project invests for pre-research which means many refurbishment projects barely have the opportunity to see the full capacity of the project in sustainable way.

location & transportation

material the city centre area

with in walking zone pedestrian & bicycle lane

promotion

less consumption monitoring & measurement high-quality indoor air

comfortable spaces value of sustainable choice

service life extension minimizing demolition

recycle considering -material choice service life extension minimizing demolition

recycle considering -material choice

energy solution

water & waste management lower operating cost economic sensible options

reasonable rent marketing points

of sustainability

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ENVIRONMENTAL

SUSTAINABILITY

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ECONOMIC SUSTAINABILITY

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SOCIAL SUSTAINABILITY

2.5. Business oriented approach

Sustainability in hotel-business

Hagart and Knoepfel (2008) highlight the following financial benefits:

- An average expected decrease in operating costs of between 8% and 9%

- An average increase in building value expected to be around 7.5%

- Occupancy rate expected to increase by 3.5% - On average, rental yields expected to increase by 3%

ECONOMIC SUSTAINABILITY

Economic possibility in investors' perspective is a crucial point of sustainable refurbishment. It is important to find a acceptable point of financing costs and available options considering long term payback (see diagram 2.5-1). To reduce economic burden in initial investment step by step based gradual change could be checked as alternative options. Baber (2005) mentions about economic sustainability in hotel business that since hotels are highly dependent on successful financial performance from continuous demand and minimal costs for survival, implementing sustainable options to hotels should be financially sound investments as costs are recovered in a comparatively short time while long-term savings are also significant.

It is also important to find benefits and motivating factors to investors such as less operating costs by reduced energy consumption of building and expected higher rent income. By promoting sustainable aspects of a building, value of the asset and competiveness in the market can be increased.

"Positive promotion created by marketing, recognition and awards can increase demand or even make new markets available to hotels. By promoting and adhering to sustainable practices, hotels protect the very reason why guests come in the first place" (Baber, 2005, p.71).

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