Reimagining Real Estate 2024

Page 38 of 48 · WEF_Reimagining_Real_Estate_2024.pdf

CASE STUDY 11 The Spire A people-centric approach is not only important for the end user but also during the development phase. RMZ’s Spire, a 1.7 million square foot, mixed-use development in Hyderabad, India, involved an integrated delivery exercise with the designers, developers and a team of general contractors to ensure a safe workplace, especially during the initial phases of the pandemic. Building information modelling (BIM) was used to prevent errors during construction, and a control centre helped with project management and cost monitoring. Centralized and transparent procurement practices were also adhered to, along with best governance processes, to ensure smoother delivery and maintain ethical standards. The project has documented more than 4.87 million safe person-hours and obtained a five-star rating in the British Safety Council Audit. In addition to strict health and safety measures, high living standards were in place for workers at the community camps, and a skill development centre was created for upskilling the labour community and training over 500 workers. The International WELL Building Institute (IWBI) announced RMZ as the first organization globally to achieve the WELL Health-Safety Rating for facility operations and management. The WELL Health-Safety Rating is an evidence-based, third-party-verified rating for all new and existing building and space types focused on operational policies, maintenance protocols, emergency plans and stakeholder engagement strategies to help organizations prepare their spaces for re-entry in a post-COVID-19 pandemic environment. Source: RMZ. Reimagining Real Estate: A Framework for the Future 38
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