Latest news with #retrofits
CBC
6 days ago
- Business
- CBC
Insurance association warns Calgary to invest in hail resilience, one year after $3B storm
The hailstorm that ripped into homes in northern Calgary one year ago this week put significant strain on insurance companies, according to the Insurance Bureau of Canada. The association is calling on the City of Calgary to help residents with the cost of retrofits.
Bloomberg
12-06-2025
- Business
- Bloomberg
As American Architects Gather in Boston, Retrofits Are All the Rage
At the American Institute of Architects conference last week in Boston, those dressed in black — unofficial uniform of uber-creative design professionals — seemed to be outnumbered. The architects prowling the convention center were more likely to be sporting button-down Oxfords or Patagonia, on their way to such sessions as 'Next-Level Roofs: Energy Efficiency, Embodied Carbon, and Code Compliance.' An architectural trend can't be based on a wardrobe census, of course, but a shift toward more practical, sustainability-oriented work was palpable. And increasingly, that means working on retrofits, rather than creating snazzy new structures. AIA billings survey data in 2022 revealed that architects for the first time were earning more revenue for commissions on existing buildings than new construction. Recent Pritzker Prize wins by Lacaton & Vassal and David Chipperfield represent high-profile recognition of advances in restoration and renovation. Rules are being put in place to encourage adaptive reuse, as in Los Angeles, or to promote a circular economy and limit demolition, as in San Antonio. Those ordinances are alongside financial incentives offered by several local governments for converting office buildings to residential use.
