Definition – Economic viability and compatibility – Prosperity
Projects must be economically feasible and able to secure financing – whether from public, commercial, or concessional sources – while having a positive impact on society and the environment. Avoiding the wasteful consumption of material resources, an economy of means in construction is to be promoted.
- Funding sources and profits earned must be legitimate and transparent.
- Projects should cover operating costs over their lifetime and generate an acceptable rate of return.
- Integration of the project into the wider economic framework of local, regional, and global monetary flows.
- Demonstrate flexibility to adapt to future changes of user needs, ownership, laws, regulations, and economic fluctuations.
- Robust economic models are sought that take unpriced external costs into consideration from the outset.
January 21, 2015 | "Prosperity" Example | Quito, Ecuador
The project Under Construction is about a form of “social economy” and its implications for people and the physical environment they inhabit. Despite contemporary global urbanization and its attendant economy, there are still rural areas today where barter is the main mode of exchange. The project draws on this tradition and proposes bartering as a practice in an urban context for the refurbishment of the historical center of the city – a process carried out by people without sufficient monetary means.
The recommended approach encompasses the use of a near-extinct form of trade to rescue threatened historical centers. Additionally, the strategy involves the reuse and recycling of existing material stocks. Materials that cannot be directly reprocessed are re-inserted into new use-cycles: wood for making furniture, stones for making foundations and construction debris for making gardens. All in all, the design promotes not only a promising economic model, but most importantly one put to work to literally mine cities rather than nature.See more
August 30, 2012 | "Prosperity" Example | Zurich, Switzerland
The construction technology combines existing processes and materials in a new way to fabricate non-repetitive free-form cast-on-site concrete structures using re-usable and digitally-fabricated wax formwork. The proposed technology developed by Gramazio & Kohler, Architektur und Digitale Fabrikation – ETH Zurich, is based on a concept of mass customization rather than mass production.
This means that there is no inherent difference in costs whether all elements fabricated are the same or different. The technology also focuses on economic feasibility in comparison to the state-of-the-art for free-form geometries, while implementing a completely waste-less, cyclical process, meaning that production costs go down, as usage increases.
The technology enables complex and free-form geometries of contemporary architectural production to be fabricated using designs that are highly optimized in terms of material consumption, energy efficiency, and usability.See more
December 06, 2011 | "Prosperity" Example | Hermosillo, Mexico
The USD 400 million Holcim Apasco cement plant project in Hermosillo, Mexico is a greenfield plant that went into service in the first quarter of 2011 and is designed to produce 1.6 million tonnes of high-quality cement annually. The Hermosillo cement plant sets new standards for safety design, thermal efficiency, water efficiency, and environmental stewardship.
Incorporating the latest technology to minimize electrical and thermal energy consumption, the plant shows outstanding operational efficiency and economic performance. Specific clinker cost is among the lowest in the Holcim Group. The plant is laid out for the economical addition of a second kiln link at any time without disrupting production. From quarry to dispatch, everything necessary is sized for double-capacity. The extra cost of oversizing today is a well-considered investing in the future.
The cement plant was built within budget, and commissioning was meticulously conducted. The investment paid off: startup was one of the smoothest on record, with operational targets achieved within 24 hours. The plant equipment and buildings incorporate high-quality and durable materials for a long useful lifespan. All structures are designed to require low maintenance and to be economically adapted to meet changing requirements over time.See more