Redeveloping, Repositioning Existing Assets for a New Generation – Colorado Real Estate Journal

The Vault Office tenants enjoy ground-floor retail amenities.

The Brookings Institute forecasts that 82 billion square feet of existing space in the United States will be demolished and replaced between 2005 and 2030 – roughly one-quarter of today’s existing building stock. Further, as noted by the American Institute of Architects in its recent statement on climate action, in the U.S. alone nearly 40% of greenhouse gas emissions can be attributed to carbon produced by buildings during construction and everyday operations. Embodied carbon from construction represents a

Source: Redeveloping, Repositioning Existing Assets for a New Generation – Colorado Real Estate Journal