FEEM working papers "Note di lavoro" series
2008 .091

A Multicriteria Approach for the Evaluation of the Sustainability of Re-use of Historic Buildings in Venice


Authors: Margaretha Breil, Silvio Giove, Paolo Rosato
Series: Climate Change and Sustainable Development
Editor: Carlo Carraro
Keywords: Economic Reuse,Historical Building Conservation
JEL n.: Z1,R52

Abstract

The paper presents a multiple criteria model for the evaluation of the sustainability of projects for the economic re-use of historical buildings in Venice. The model utilises the relevant parameters for the appraisal of sustainability, aggregated into three macro-indicators: intrinsic sustainability, context sustainability and economic-financial feasibility. The model has been calibrated by a panel of experts and tested on two reuse hypotheses of the Old Arsenal in Venice. The tests have proven the model to be a useful support in the early stages of evaluation of re-use projects, where economic improvements are to be combined with conservation, as it supports the identification of critical points and the selection of projects, thus providing not only a check-list of variables to be considered, but an appraisal of trade-offs between economic uses and requirements of conservation.

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