1. ArchDaily
  2. Cost Management

Cost Management: The Latest Architecture and News

What Does it Cost to Recycle Building Materials?

Almost two decades ago, in the downtown corridor of Columbus, Ohio, the century-old landmarked Lazarus Building underwent an extensive renovation to save the department store and restore it to its former glory. Sixty million dollars went into its restoration and transformation into a retail and office complex. During the construction, workers recycled nearly 5,000 pounds of steel, 2,000 pounds of concrete, and significant amounts of carpeting, ceiling tiles, and various wood- keeping 22,000 pounds of debris out of Ohio’s landfills. They also saved more than $25 million dollars by implementing this rigorous recycling process.

Why Cost Management Works Better when Architects Are in Charge

To talk about architecture and construction without ever mentioning cost overruns is not an easy thing to do. These kind of unforeseen problems happen in the majority of projects, as the dynamics of architecture and construction are extremely complex and often present challenges that aren't 100% controllable. Over the years, project management consultants have been integrating cost management into their services, making an effort to fill this market gap with a proper solution. Still, most of this work is performed by consultants with a financial background and little knowledge of architecture and construction solutions and processes.

With this increased attention to budgetary issues, the cost performance of projects has been steadily improving, but usually at the expense of the project’s aesthetic concept and final quality. Would it be possible to put architects in control of this kind of management? After all, they’re the ones with the conceptual sensibility and the technical knowledge necessary to perform this work in a truly integrated way.