Viable Economics
Financial planning that combines short term project feasibility with long term value creation
What are Viable Economics?
Building and infrastructure design projects must be economically feasible and enable long-term value creation through circular design and resource management.
Financial planning of projects decouples growth from materials and consumption, enabling a circular economy that considers flexibility of use, longevity and reuse. Minimization of externalities and remediation of existing ones, through responsible design practices, are key.
How can we achieve this?
- Increase economic benefit and utility
- Maximise productivity of the project within the bigger economic picture
- Maximise durability and conscientious economy of means
- Maximise regeneration and compensation of built environment externalities
- Maximise the potential to inform and anticipate sustainable policy and regulations
Examples
University Building in France
The Nantes School of Architecture in France is a multi-functional and adaptable space, built with prefabricated built elements, and optimized thermal performance, reducing the construction costs significantly. The increased load bearing capacity of the structure makes the building flexible and adaptable to virtually and future use. One of the most interesting features has been the doubling of the school usable surface, by adding double-height unprogrammed spaces and external terraces and balconies. All of which makes for an economically viable solution.
Air Rights in the United Kingdom
The Hydropuncture in Mexico establishes an uplifting public space with great social impact, while realigning the community with the traditional water culture. While the main purpose of the project is acting as an infiltration and flood management system for a water stressed area, the public structure is created with a new commons mentality, becoming a green oasis as well as a space for organized social activities and leisure.
Incremental Construction in Ethiopia
Developing countries face the challenge of population growth and crescent urbanization, often resulting in informal settlements with little infrastructure and dignity. This poses challenges in terms of affordable quality housing. Incremental Construction in Ethiopia pilots 56m2 housing units that can be self-built by the homeowner in only nine days. Structures are locally sourced, modular, require minimal construction know-how and are therefore largely democratic and affordable. A modular extension option is also available as economic opportunities rise.
Materials reuse and regional transformation scheme in Spain
RE-Converting in Spain is a catalog of potential construction systems suitable for reused materials. The project targets a sustainable approach to regional transformation in Gijón, proposing three mixed use housing typologies that are designed with reused materials. Materials are investigated, mapped and available at a maximum of 40km from the former industrial plot. Urban landscapes are revived from pre-existing infrastructure, through integration of water, landscaping, and urban agriculture. The project demonstrates the possibilities of post-industrial resources in an economy of both carbon and means.
Ancient Rejuvenation in China
Large scale urban demolitions are costly, discard material and thus carbon intensive. They also irreparably affect the historical tissue and impact the identity of cities. A targeted “acupuncture therapy” in a historical district of Shenzen demonstrates sustainable alternatives to demolition, while enhancing a weakened neighborhood by providing a range of services, sanitation and civic spaces. Ancient Rejuvenation in China saves high demolition and reconstruction costs by proposing alternative low-cost strategies.
House as Garden in USA
House as Garden in the USA proposes a multi-family residential building that is self-sustaining, off-grid, manages its own water and energy flows, as well as enables urban agriculture on site. Passive strategies are used throughout, like super insulation, thermo-mass, cross ventilation, and seasonal shading. A photovoltaic system powers the heat pump, rainwater and greywater are collected and used. This makes the project a viable economic proposition, based on sharing available heating and cooling resources but also common indoor spaces, gardens, produce, and mobility opportunities.
Learn more about our goals
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Uplifting places
Beautiful and spatially relevant structures that work in unison with the local context and culture.
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Healthy planet
Structures that minimize resource use, avoid emissions, and embed solutions to repair ecosystems and restore biodiversity.
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Thriving communities
Inclusive and affordable living environments that cultivate equity, health and well-being.