Should we build, renovate, or demolish aging buildings and infrastructure? These decisions are complicated by the need for increased operational efficiency, improved technology, and better financial returns, particularly following the COVID-19 pandemic. Let's talk about how technology improves aging buildings and infrastructure!
So, how do facilities professionals confidently make difficult decisions about whether to replace or renovate Aging Buildings and infrastructure? Facilities managers are experts in knowing the buildings and assets in their portfolios. As a result, the best FMs will act before equipment malfunctions or buildings deteriorate and ensure systems remain operational.
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Whether because of codes, regulations, or breakdowns, buildings must be updated, particularly those approaching the 30-year mark. It is up to facilities managers to assess structures and assets regularly to address and plan for essential health and safety upgrades.
Implementing facilities capital planning software will make caring for and maintaining an aging building stock more manageable. The FOUNDATION platform helps Facilities Managers from condition assessment to capital planning, empowering your organization to get the most out of its valuable physical assets. As buildings age, they go through a process of deterioration, which breaks down into five life-cycle stages that correlate to asset renewal:
Facility managers must know when more extensive repair and maintenance issues will begin each phase. David Albrice and the team at RDH conducted a study that found that buildings tend to experience the most comprehensive and expensive asset renewal projects during the “adolescence” phase. Significant funds must be reinvested in the building during this period. Therefore, facilities managers should prepare for upgrades as structures approach the 30-year mark.
Find out how technology improves aging buildings and infrastructure.
It is less clear how to compute the renovation cost against the cost of demolition and reconstruction. Several factors must be considered depending on the severity of the problems. For example, awkward structuring, small spaces, low ceilings, or eroded foundations may require partial or complete demolition.
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So, how do facilities professionals make complex decisions about replacing or renovating aging buildings and infrastructure? This blog will discuss five key areas to consider when assessing planning options regarding building, renovating, or demolishing your aging buildings and infrastructure.
All costs should be considered, including initial construction, phasing, financing, fees, and, most importantly, maintaining the space's long-term operational costs. Institutions often only consider the initial construction costs without analyzing the long-term implications of these decisions. Capital Planning software can provide an easy and efficient way to manage the lifecycle costs of aging buildings and infrastructure.
Read our guide to getting your facilities management projects funded.
The movement of people, materials, and vehicles in and around facilities should be logical, intuitive, and convenient. There should be a clear sense of entryways, adequate parking, a focal center of the facility, and an easily identifiable way to connect all the pieces.
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How can these programs be enhanced either through new or renovated construction? Will new technologies demand new space, or can they be accommodated in existing structures and their respective infrastructures?
Buildings should strive to conserve energy, responsibly reuse materials, and be constructed on sustainable sites. Carefully selecting sites will preserve existing natural resources. Conducting a sophisticated assessment of building envelopes and integrating HVAC systems will require less energy to heat and cool, which is exponentialvitalant over the life of the building. A thorough review of materials and reuse will reduce initial capital costs while conserving the world's natural resources.
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A growth plan should include the facility's ability to adapt to changing circumstances. A logical method for expanding buildings and infrastructure should accommodate flexible planning and incremental growth.
Learn how Intellis software improves facilities management programs.
Facilities managers are experts in knowing the buildings and assets they care for. The best FMs act before equipment malfunctions or buildings deteriorate, ensuring systems remain operational.
Implementing facilities management and capital planning software will make caring for and maintaining an aging building stock much more manageable. Our FOUNDATION platform takes the FM from condition assessment to capital planning, empowering your institution to get the most out of its valuable physical assets.