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Environmentally sustainable development: a life-cycle costing approach for a commercial office building in Melbourne, Australia

Author

Listed:
  • Lu Aye
  • Nick Bamford
  • Bill Charters
  • Jon Robinson

Abstract

A range of property and construction options is analysed using standard life-cycle costing methodology. The options are to renovate the existing building, buy an alternative building and renovate, and buy a development site and construct a new building. The do-nothing option and a hypothetical option to construct a new building on an ideal site are analysed as benchmarks. The results show that the optimum option is to buy a suitable site and construct a new building and that the least sustainable option, in the case study, is to stay in the existing property and renovate the building. Although staying in the existing building and doing nothing carries the lowest financial cost, energy consumption and greenhouse emissions are significantly worse than for the alternative options.

Suggested Citation

  • Lu Aye & Nick Bamford & Bill Charters & Jon Robinson, 2000. "Environmentally sustainable development: a life-cycle costing approach for a commercial office building in Melbourne, Australia," Construction Management and Economics, Taylor & Francis Journals, vol. 18(8), pages 927-934.
  • Handle: RePEc:taf:conmgt:v:18:y:2000:i:8:p:927-934
    DOI: 10.1080/014461900446885
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    Citations

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    Cited by:

    1. Zuo, Jian & Pullen, Stephen & Rameezdeen, Raufdeen & Bennetts, Helen & Wang, Yuan & Mao, Guozhu & Zhou, Zhihua & Du, Huibin & Duan, Huabo, 2017. "Green building evaluation from a life-cycle perspective in Australia: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 358-368.
    2. Schwartz, Yair & Raslan, Rokia & Mumovic, Dejan, 2018. "The life cycle carbon footprint of refurbished and new buildings – A systematic review of case studies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 231-241.
    3. Kwonsik Song & Yonghan Ahn & Joseph Ahn & Nahyun Kwon, 2019. "Development of an Energy Saving Strategy Model for Retrofitting Existing Buildings: A Korean Case Study," Energies, MDPI, vol. 12(9), pages 1-17, April.
    4. Edyta Plebankiewicz & Wiesław Meszek & Krzysztof Zima & Damian Wieczorek, 2019. "Probabilistic and Fuzzy Approaches for Estimating the Life Cycle Costs of Buildings under Conditions of Exposure to Risk," Sustainability, MDPI, vol. 12(1), pages 1-15, December.
    5. Geng, Shengnan & Wang, Yuan & Zuo, Jian & Zhou, Zhihua & Du, Huibin & Mao, Guozhu, 2017. "Building life cycle assessment research: A review by bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 176-184.

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