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Cite or link to this item using this URL: http://hdl.handle.net/10182/4464

Title: Seismic upgrading - meeting the economic challenge
Author: Nahkies, P. Brent
Date: Jan-2009
Publisher: Pacific Rim Real Estate Society
Citation: Nahkies, P. B. (2009). Seismic upgrading - meeting the economic challenge. In Proceedings of the 15th annual conference of the Pacific Rim Real Estate Society (PRRES), Sydney 18-21st January 2009.
Item Type: Conference Contribution - Paper in Published Proceedings
Abstract: The Building Act 2004 now requires Territorial Authorities (TAs) to have in place a policy setting out how they intend making existing buildings that would be unable to withstand a moderate earthquake safe for their occupiers. Many of the resultant policies developed by TAs have put in place mandatory upgrade requirements that will force owners to expend large amounts of capital on seismic upgrading of their buildings. The challenge for the property owners and TAs alike is to make such development work economic or the result will be wide scale demolition of old buildings. This has serious implications for both heritage conservation and inner city revitalisation plans that are based on existing heritage buildings. This paper sets out the issues and challenges for the seismic upgrading of buildings in New Zealand and puts forward some potential solutions
Description: Paper presented at the Pacific Rim Real Estate Society (PRRES) 15th Annual Conference Sydney 18-21st January 2009.
Persistent URL (URI): http://hdl.handle.net/10182/4464
Appears in Collections:Department of Agricultural Management and Property Studies

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