Building for health can give a competitive advantage

by Steve Randall20 Jul 2018

A growing number of developers are showing an interest in building for health and obtaining wellness certification to gain a competitive advantage.

A new study from the Urban Land Institute shows that real estate leaders worldwide are seeking to create developments that support healthy lifestyles at home and at work.

“From Los Angeles to London and beyond, developers, investors, building owners and managers, and leasing firms for office, mixed-use, and residential projects are looking to learn from the early adopters and promote the next generation of high-performing buildings focused on health and wellness,” says the report.

The report was produced through ULI’s Building Healthy Places initiative which leverages the power of the organization’s global networks to shape projects and places in ways that improve the health of people and communities.

Canadian case study included in report
Among the case studies included in the report are CBRE’s offices in Toronto and Vancouver.

These buildings feature daylight/circadian lighting, ventilation/air quality, collaborative space, active staircase, sit/stand desks. Value added: greater employee satisfaction, recruitment and retention; and enhanced landlord/tenant partnerships.

The offices are WELL-certified and the report says that the employee turnover rate has fallen by almost a third while the hiring rate for new talent has doubled.

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