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Green Economy Journal Issue 41

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SPECIAL REPORT<br />

Rudolf Pienaar<br />

Chief Development and Investment Officer, Growthpoint<br />

www.growthpoint.co.za<br />

ADAPTING TO CHANGE IN COMMERCIAL PROPERTY<br />

The socio-economic impacts of Covid-19 have given rise to the<br />

opportunity, and the necessity, to take stock and adjust the course<br />

towards a better future. For a commercial property development to be<br />

sustainable, it must be relevant post-Covid-19 and for a long time into the<br />

future. Developers need to be able to adapt to constant change.<br />

The role that workspaces play in protecting people’s health and safety<br />

has rapidly become a critical factor for the commercial property industry.<br />

Fortunately, many considerations for the health and wellness of building<br />

occupants are aligned closely with the considerations already in place<br />

for green building and the WELL certification.<br />

‘Building it back better’ allows us to imagine what we would like<br />

the future to be, and to play an active part in creating the quality and<br />

sustainable spaces that will be the building blocks of this better future.<br />

For Growthpoint, our drive continues to provide quality, green, healthy<br />

spaces that work best for our clients, our communities, and our world.<br />

The recent move towards densifying office space is likely to be<br />

reversed for apparent reasons. Also, the lockdown has highlighted our<br />

deep human need for collaboration and connection, with so many<br />

people saying they miss tapping into the energy that they feel in their<br />

workspaces. While this trend was already observable before Covid-19<br />

arrived, the workplaces of the future will be designed and developed<br />

with more collaborative spaces to embrace interaction and facilitate<br />

formal and informal meeting. This is as true for office space as it is for<br />

retail space, where people also seek to meet their social needs.<br />

With many workers and employers having experienced some of the<br />

benefits of working from home and invested significantly in making<br />

this possible, working is likely to become a more agile activity in future.<br />

Workspaces will become more flexible platforms that include everything<br />

from remote working solutions to spaces that accommodate more<br />

traditional home activities, such as interactions with family and pets.<br />

Relevant, sustainable buildings will need flexibility built in. To some<br />

extent, the office is now competing with the home. We expect that this<br />

will also be incorporated in workspace design.<br />

Being able to live, work, shop, exercise and more in our communities<br />

became a necessity during various Covid-19 lockdown levels. Those<br />

residing in mixed-use environments were able to appreciate the benefit<br />

of their environment to the fullest and were better able to comply with<br />

the regulations. To this point, when commercial, retail, and residential<br />

activity co-exists, it offers enormous health, wellness and lifestyle<br />

benefits, not to mention lower transport costs and carbon emissions.<br />

Mixed-use environments can embrace different economic groupings<br />

in thoughtful and inclusive ways. Access to open space has been<br />

highlighted, and ‘green lungs’ and other public areas are a sacrosanct<br />

component of mixed-use development.<br />

‘Building it back better’ allows us to imagine what<br />

we would like the future to be, and to play an active<br />

part in creating the quality and sustainable spaces<br />

that will be the building blocks of this better future.<br />

Photo by Ihsaan Haffejee<br />

8 greeneconomy.media

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