Cities cover only 2% of the earth’s surface, but consume 75% of resources. Take London for example: 125 times the city’s area has to be used to produce resources needed for the city. With a growing world population, this problem will only increase. Gregor Grassl has a solution to this problem: the city as a circular economy.
Soon, current methods for the production of vital raw materials will no longer be sufficient. The circular economy offers a holistic solution to this problem: It aims to continue doing business, but at the same time to improve the world. When a property is bought today, the building suffers an immense loss in the value of its physical components. Currently, the major factor in real estate price growth is location.
Drees & Sommer aims to change this in the future. It is our goal to generate added value by harvesting a building’s material resources and reusing them for new projects. This approach would transform the buildings in our cities into repositories for raw materials.
Utilizing existing buildings as sources of raw materials would allow us to extract fewer finite natural resources. Instead, reusable resources would be reintroduced into a closed cycle. As with the transition to Smart City, co-creation is extremely important. Smart technology should not only be installed to give a building’s users the best possible experience or to generate meaningful information for its users. We need to use data mining and GIS models to map:
At present, only 1% of the raw materials we use are actively recycled, the remainder are sent for downcycling, incineration or landfill. The dismantling of these raw materials is a vastly underexploited business model with a huge market potential. To make the most of this potential, however, recycling processes need to be optimized and there needs to be innovation in the way we use, structure and combine different materials. This would enable us to reuse existing materials without compromising quality, and at a lower market price.
Buildings already have energy certificates. Gregor Grassl proposes an additional “material passport” to make the recycling economy a reality. Such passports would categorize exactly which materials have been used in which building, thus making sustainable dismantling possible in the future. After all, while a building may not be around forever, the circular economy can ensure that its components are given a new lease on life.
Business Development Manager / Corporate Strategy, Messe München