Real Estate Innovation is Not an Oxymoron

This year’s CoreNet Global Innovator’s Award winners prove again that the most important things in life are simple, but not easy. The Mindshift Consortium has proven that basic steps like creating a trusting team, collaborating early and well, and creating client centered incentives can transform the way our industry does business. My favorite example: They built Signature Center, a LEED Platinum building in Golden, Colorado, for $3 less per SF than conventional buildings. Take THAT, folks who believe LEED automatically costs more!

Mindshift is a consortium comprised of premier industry players: Gensler, Turner, Haworth, AIA and GSA among others. Their Thought Leader (that’s his job title!) is Rex Miller and he captured the consortium’s nine basis operating principles in the book, The Commercial Real Estate Revolution, and demonstrated its success in using them to drive some amazing reductions in cost, waste and schedule.
Part of their breakthrough thinking comes in looking at the total life cycle of a project, not just the up front costs. That “total life cycle” view is a theme we’ll return to again and again at Workplace Ideas.
Congratulations to the folks at Mindshift! Here’s a link to their book on Amazon. Check it out:
http://www.amazon.com/Commercial-Real-Estate-Revolution-Transforming/dp/0470457465/ref=sr_1_1?ie=UTF8&s=books&qid=1263769635&sr=8-1