Environment, Economics, and Enterprise
How can one optimize the benefits of environmental or social sustainability while generating a higher return on investment in buildings? Where are the opportunities for real estate initiatives that are highly functional, healthy, aesthetically pleasing and financially rewarding? The challenge to designers, developers, environmental consultants, policy-makers and other professionals lies in finding and communicating these synergies. This cross-disciplinary course will give students an approach to problem solving to help them contribute to thoughtful, high-impact decisions about design and construction that are both environmentally/socially impactful and economically effective.
At the end of the course students will be able to…
– identify sustainability opportunities for their projects. Identify sustainable/economic win-win solutions
– translate enhanced design into a project ‘s financial pro forma, and communicate the financial impact clearly to market makers
– complete accurate cost benefit economic analysis, with realistic assumptions on ability to finance and ability (if any) to obtain premium value on exit
– analyze market demand for projects with and without enhanced sustainability design
– think about how to finance their projects and where to go for capital
– explain their ideas in the language of decision-makers, from community groups to financial investors
Students from all GSD disciplines are encouraged to participate.