![]() ![]() We see examples where the replacement investment is far less. On average the cost of replacing cladding on a building of this scale may be 5-percent of its value or $1.5m to do it properly. This asset may have a combined market value of ~$30 million. It will be hard to empathise with those who repeat the past by cutting corners.Īssume a strata building of 40 apartments with an average value of $750,000. We fully empathise with Strata Owners who are having to deal with cladding remediation. ![]() The images in this post show how some building owners are putting their buildings at risk. This is not a time to put valuable building assets at risk. Not understanding how to design, fabricate and install these systems will destroy value. Getting new or remediated cladding systems right will create value. The designers, technical experts, contractors, manufacturers, and installers involved will to speak to their contributions and answer your questions at an in-person event or virtually. The Project Remediate team and I will be in attendance. ![]() The final NSW #ProjectRemediate #PatternBook will be presented on the 4th of May 2023 from 3 to 6pm at #TAFE’s Multi Trades and Digital Technology Hub at Meadowbank.Ī call out to #Designers, #Contractors, #Fabricators, #Installers, #Students and #StrataOwners. ![]()
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