INNOVATION AND REAL ESTATE VALUE Dean Mack, Ning Fei Gao, Peter Williamson
8-HOUSE-BJARKE INGELS
56 LEONARD-HERZOG & DE MEURON 56 LEONARD Herzog & de Meuron
ABSOLUTE TOWER-MAD
CRITERIA
SUSTAINABILITY - lifestyles, efficiency, building performance TYPOLOGICAL TRANSFORMATION - variation of industry standards ICONOGRAPHY - the power of form and sustainability
S
PREMIUM - return on investment
8-HOUSE-BJARKE INGLES 8 HOUSE Bjarke Ingles Group
TYPOLOGICAL TRANSFORMATION 8 HOUSE
Re-imagines the typical residential courtyard block Programmatic stacking of ingredients layers ingredients of a lively urban neighborhood Promotes urban lifestyle by providing various lifestyle amenities
SUSTAINABILITY 8 HOUSE
Thoughtful programmatic distribution Volumetric manipulation allows for enhanced relationship to environment Green roof blends landscape with building and insulates terraced units, reducing urban heat island effect Encourages cycling to the building, rather then driving, via 10 story bike ramp Building meets needs of all lifestyles : young, old, married, single
ICONOGRAPHY 8 HOUSE
8 House is a three-dimensional neighborhood Aspires to be more than an architectural object Does not reject urban street life but invites it inward Acknowledges the bicycle as a part of the iconic lifestyle
PREMIUM 8 HOUSE
$133 million 476 residences Located 7 miles from city center $566,000 per standard unit $4,042 psm vs market value of $3,806 psm
56 LEONARD-HERZOG & DE MEURON 56 LEONARD Herzog & de Meuron
TYPOLOGICAL TRANSFORMATION 56 Leonard
Standard floor plate to a pixilated form of unit organization Every floor plate is unique 147 unique residences
OLD
NEW
SUSTAINABILITY 56 Leonard
Construction is standardized through logical column grid with a paramaterized cantilever allowing for myriad variation between column and cantilever edge Building trades environmental sustainability for financial sustainability Embraces arts and culture by incorporating into building, adding to neighborhood vibrancy
ICONOGRAPHY 56 Leonard
Nicknamed “The Jenga” Unprecedented collaboration with artist-Anish Kapoor Undisturbed view of Manhattan Cascading 60-story structure of sculpted surface
PREMIUM 56 Leonard
$55 million for the most expensive unit Average unit price of $3287 psf Market average $2100 psf for NYC
ABSOLUTE TOWER-MAD ABSOLUTE TOWERS MAD architects
SUSTAINABILITY Absolute Towers
Creating an urban harmony, less to do with environment “[The] approach…is to create a balanced environment that evokes the feeling of exploring nature while simultaneously a responsive model for the development of urban space in harmony with nature… Real sustainability results in a harmonious civilization.”
ICONOGRAPHY Absolute Towers
Competition to design a landmark Chose not to emphasis the verticality Nicknamed “ Marilyn Monroe� Conversation, energy and vitality into the community 2nd tower commissioned after the success of the 1st
TYPOLOGICAL TRANSFORMATION Absolute Towers
PREMIUM
Absolute Towers
850 condos between the two towers Selling at just under $400psf , market value $330-$380 psf Construction cost for 5 tower were $470, more than half went into the two rotating towers