Tag: retrofit

JLL Report: $1 Trillion Needed to Revitalize Office Space at Risk of Obsolescence

By Joe Bebon, Editor Nov 20, 2024 Design and Construction

Updated: Nov 20, 2024

Of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term—an investment of approximately $933 billion-$1.2 trillion in spending. That’s according to JLL’s latest research, “Opportunity Through Obsolescence.” The […]

Under Construction: Top Facility Projects of March 2024

By Joe Bebon, Editor Mar 28, 2024 Under Construction

Updated: May 1, 2024

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. The A’s Vegas Stadium Batter up! March marked the official start of spring and the 2024 Major League Baseball (MLB) season. As baseball teams prepped themselves for the many games ahead, the Oakland Athletics revealed renderings of […]

Sydney Opera House Earns Green Building Rating for ‘World Leadership’

By Joe Bebon, Editor May 25, 2023 Energy Management and Lighting

Updated: May 25, 2023

The iconic Sydney Opera House has achieved a 6 Star Green Star rating from the Green Building Council of Australia (GBCA). Honeywell, a Sydney Opera House Global Goals partner since 2021, said it helped Australia’s most famous building attain the globally recognized sustainability rating through retrofits using the company’s technology. The opera house is now one […]