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Redevelopment
One of three primary choices facing the owners at the end of the lifecycle of a facility.

Reconstruction of a building at the end of its service life rather than continued reinvestment in the existing facility or in a leasehold.


Equilibrium can no longer be achieved through reinvestment and the facility is beyond economic repair (BER).


Reasons for Redevelopment
Some of the drivers of redevelopment are listed below:
Decisions on the cost-benefit of continuing to reinvest in the sustainment of an aged facility or to replace that facility, considering factors of physical deterioration and functional obsolescence.



Choices of Redevelopment
Facility Life cycle model indicating get ahead costs
Fig. Lifecycle model to indicate the stage at which functional obsolescence ("yellow") is most prevalent.


A condition-age matrix with a trend line revealing a straight line correlation to year 40 and then a strong move towards reinvestment
Fig. A condition-age matrix with a trend line revealing a straight line correlation to year 40 and then a strong move towards reinvestment

Fig. Extended PF interval.

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Fig. BS-7543 Life Standard


A decision tree indicating the alternative paths to reinvestment or redevelopment/replacement
Fig. A decision tree indicating the alternative paths to reinvestment or redevelopment/replacement



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Fig. CSA-1986 Life Standard.


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Fig. Life by facility class.

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