The "Three E's"
Similar to the concept known as the "Triple Bottom Line," Environmental Systems Design ("ESD") has developed a comprehensive Intelligent Building solution framework that delivers results to its customers to support the "Three E’s" – Economic, Environmental and Experiential value stream.
Every new high performance, smart, intelligent, sustainable, green building that is being designed, built and operated today requires a rock-solid business case that is economically viable, environmentally sustainable and experientially successful. Investors, owners, developers, tenants, end-users and visitors alike all expect today’s buildings to be cost-effective, LEED or WELL certified and fully capable of supporting today’s digital lifestyle. To compete effectively in today’s corporate and commercial real estate markets in every market, a project must provide benefits across the spectrum of the “Three E’s. “
So…what are the “Three E’s in more detail? Let’s start with the first category – Economic performance. What are the key performance metrics of a building with superior economic attributes?
- Lower OpEx/CapEx
- Less Maintenance
- Lifespan Increase
- Asset Demand
- Adaptability Speed
- Competitive Advantage
- Energy Conservation
- Occupant Awareness
- Utility Optimization
- Grid Stress
- Green Construction
The most successful buildings today offer much more than just a place to work. As we have seen since the dawn of the new millennium, the work place is no longer a place to stare at your computer monitor all day and put in the hours. The highly experiential work place provides an extension of the digital lifestyle that starts at home and continues throughout the day as today’s workers experience a full range of places to work, collaborate and produce new ideas, new inventions and tomorrow’s products and services.
Today’s intelligent buildings are expected to have the latest and most cost-effective technology systems available on the market. In the commercial and corporate real estate market, it can sometimes be confusing about what systems are being provided by each party in the lease agreement.
To make things easier for the Owners, Developers, Tenants, Architects, Engineers, Contractors, Facility Managers, in fact, all the key stakeholder groups involved in the full life-cycle of the built environment, ESD has developed this checklist for those systems provided by the Landlord versus those provided by the Tenant.
This Week’s Sponsor
ESD is a leader in Improving Society Through the Built Environment. It creates solutions that produce economic, environmental and experiential benefits for its clients, many of whom are the biggest names in the worlds of business, technology - and beyond. The company is in the forefront of developing Intelligent Buildings. For more information, please visit www.esdglobal.com.
UPCOMING REALCOMM WEBINARS
REAL ESTATE INFORMATION ANALYTICS – Harnessing the Power of the Data - 2/7/2019
It started with spreadsheets and pivot tables, moved to databases, then to data warehouses, onto analytics and business intelligence. Now, analytics often refers to machine learning and artificial intelligence. In the end it is simply about collecting and maintaining accurate comprehensive data and applying some form of sophisticated analysis to gain insight and make better decisions. Combining internal and external data can provide organizations with a better understanding of individual assets, portfolios and markets. This webinar will gather the industries’ most experienced professionals who are leading the way in using data analytics for real estate. Product options, data strategies, personnel requirements and more will be discussed.
Andrew Weakland is the Director of Systems Development for W. P. Carey, a net-lease REIT focused on providing long-term sale-leaseback and build-to-suit solutions for companies in the U.S. and Northern and Western Europe. W. P. Carey continues to focus on active portfolio management and demands technology solutions that deliver results. Andrew specializes in bringing emerging technologies into the real estate space to drive competitive advantage while maintaining the cohesiveness of the overall enterprise technology footprint.
As the Director of Information Technology at Woolbright Development, Luis Ramos is responsible for the corporate technology strategy, which includes the IT infrastructure and enterprise application platforms. Additionally, he is also responsible for implementing technology solutions toward the company’s existing business processes, and helping create new efficiencies throughout the company's business model. Since his arrival in 2004, his team has been responsible for the constant development of various industry-focused proprietary software applications and tools. These award-winning technologies have fundamentally changed the way commercial real estate has been done at Woolbright.
Prabhu’s career spans over 18 years of product, business, and customer experience focused on enterprise-scale software for IoT-based connected services, sustainable building solutions, and telecom network management. Prior to becoming an entrepreneur, he was the Director of the IoT division of Zoho Corporation. At Zoho, he was responsible for and directly oversaw strategy, innovation, product, marketing and revenue operations of end-to-end telecom and IoT building solutions.