Robert Laud: Let’s develop real estate sustainably

November 30th 2021

Sustainability must be considered in real estate development. Anything ugly and old can be turned into something beautiful and new, but there’s no point in keeping everything old.

 

Estonians seem to believe in recycling. This reflects our peasant origin as well as our Protestant cultural background that values austerity and disapproves of excessive spending. Austerity is like the chorus in our attitudes and habits, which all generations come to in their own way.

This was boosted by the economy of deficit in the Soviet times. In those days, finding something you needed in the shops when you needed it tended to be an exception rather than a rule. This made larders and sheds essential for households.

 

After being back on the market economy for three decades, we’ve once again come to austerity. However, there are increasingly more people who’ve understood that new things come to those who don’t hang on to the old too much. Thus, people in Estonia and elsewhere in the world aren’t just trying to hang on to old items and living environments for as long as possible, but to sort out everything that’s really valuable and stylish. By combining this with things that are new, comfortable and cleaner, we get the kind of living environment where our lives can be the healthiest and most efficient.

 

 

Klausson Candy Factory then and now

Will the green transition end property development?

 

The issue of the green transition is one that simply cannot be ignored. At first, it could be regarded as a seemingly simple eco-trend, but it’s now becoming a major topic in election campaigns. Many good and honest people think that the behaviour of an individual has no impact on the carbon footprint. However, the younger generation has a completely different opinion of personal responsibility when it comes to environmental protection and they want to enjoy their lives in a way that’s climate neutral and doesn’t contribute to the increase in plastic pollution.

 

People in Estonia have also voiced the opinion that climate neutrality requires giving up any new builds (see Kaido Kama: Asphalt, Concrete and the Green Transition, Postimees, 27.09.2021). That’s certainly not the case. Old houses must be renovated if possible, but we must also build new ones. And in both cases, we must prefer quality solutions in plans and construction, in building and interior design materials, so that we and our children can be healthy and live our lives to the full. We can afford to give up on outdated buildings with inadequate air exchange and poor humidity conditions. We must use the knowledge gained during progress to solve the problems associated with progress instead of ignoring it.

Many people think that the behaviour of an individual has no impact on the carbon footprint. However, the younger generation has a completely different opinion of personal responsibility when it comes to environmental protection and they want to enjoy their lives in a way that’s climate neutral and doesn’t contribute to the increase in pollution.

Robert Laud, CEO of Endover

Old houses must be renovated if possible, but we must also build new ones. Quality solutions should be preferred in both cases.

 

The European Green Deal highlights renovated energy-efficient buildings and eco-design, and provides the groundwork for a smooth transition so that climate neutrality targets can be achieved by 2050 without sacrificing the standard of living we’ve achieved. The target to renovate 35 million buildings by 2030 set in the Green Deal obviously requires construction and use of natural resources, which is condemned by people with a radically green mindset. However, the impact of this large-scale investment will last for a long time: the next generations of Europeans will be able to live and work in more economical conditions in the spirit of the green transition.

Modern 47b Lofts in symbiosis with the main building of the historic Volta industrial quarter and Kalamaja cemetery park

The search for balance can be seen in property as well

 

Everyone is affected the most by their close relationships, health and the living and working environment. There’s nothing property developers can do about the first two, but we can certainly help with the last one. For starters, we can get to know our clients and their needs in the different periods of their lives instead of just designing square metres that meet the building standards.

 

Both business and private clients are increasingly more informed and rational as buyers. Consumers have even recovered from some ‘children’s diseases’ and started to value a balanced lifestyle, where the old and the new, nature and high technology, standardised and unique solutions all have their place.

What should be done with historic buildings?

 

In the best case, the historical heritage around us is beautiful and elevating, not depressing or burdening. At the levels of family and the society alike. From time to time, we have to rethink and refurnish our material cultural heritage to find the most valuable use for it in the modern world.

 

Our lifestyle, work and sources of income have changed with the development of the economy from an agrarian to an industrial and information society. The buildings where we live and work must also change accordingly. The construction of a new building usually seems cheaper than renovating an old one. However, at a time when we’re increasingly focusing on the environment, we must also give attention to the indirect resource costs, which are not included in the budgets of specific buildings, but may have a significant impact on the people’s attitude towards the objects built.

Volta industrial quarter in the past and in the future

At least since the conversion of the Rotermann Salt Storage into a centre for architecture and art a quarter of a century ago, there have been people with a good eye and taste in Estonia who can find new functions for historic industrial buildings. Throughout Estonia, there are many examples of former workshops or even power substations that have been converted into residential premises. Machine rooms become newspaper offices, workshops are converted into flats and prisons into shopping centres, not to mention the renovated manors. We’ve done well with renovation. New churches are built and old ones are renovated in Estonia, where most people are not religious, whilst several churches in Catholic France have been converted into hotels.

At the same time, we’ve learned to value the pearls of the art of construction erected in the Soviet times – this attitude makes Estonia a good example for other countries with a similar fate.

Robert Laud, CEO of Endover

Every time we renovate something, we have to decide what should be kept and what should go. Quality is the deciding factor here. In Estonia, everything that was built before 1940 shouldn’t be preserved at all costs either. Sloppy work, bad craftsmanship and incompetent material selections can be found in buildings from the Tsarist era as well. At the same time, we’ve learned to value the pearls of the art of construction erected in the Soviet times – this attitude makes Estonia a good example for other countries with a similar fate.

 

From time to time, we have to rethink and refurnish our material cultural heritage to find the most valuable use for it in the modern world.

 

The production building of the Baltika Sewing Factory certain stuck out like a sore thumb among the wooden buildings of the Veerenni subdistrict at the time it was built. A new use was found for this building: as a modernised fashion arcade and the home of many creative economy companies. This kick-started the revival of the entire region. The next project is the Volta quarter in Põhja-Tallinn, which is much bigger and more significant.

Volta industrial hangar in the past and future

Property development works well when the city can develop as a harmonious whole and buildings can serve people. And if the next generations have reason to be happy with what we’ve done in our time. The sustainable and economical lifestyle must be achieved with systemic and meaningful planning and implementation.