[easyazon-image align=”left” asin=”1741797985″ locale=”us” height=”110″ src=”http://ecx.images-amazon.com/images/I/51xI4vJ2QhL._SL110_.jpg” width=”71″]The crowdfunded skyscraper is a revolutionary model that promises to boost efficiency standards, reduce waste, and support local economies. Colombia’s BD Bacata is the region’s first skyscraper to be built in over 40 years, and is entirely funded by over 3,800 Colombians contributing a total of $200 million dollars for development shares. As a result, BD Bacata is currently the world’s largest crowdfunded campaign ever, and is slated to open in 2015.
The building will be a symbol of sustainable innovation that aims to minimize the harmful effects of urban growth on the environment. To conserve water, BD Bacata will use a three cycle system of greywater reuse and have a rooftop garden with a drainage system for collecting rainwater for both maintenance and birds. To control temperature, lighting and insulation, the skyscraper will have large, strategically placed insulated windows, walls and concrete slabs throughout the structure in order to reduce energy consumption by 30% and both air conditioning and heating systems by 50%.
Localized crowdfunding is seen as a way to build projects by the community for the community, and is a method of communal real estate funding made possible by The Prodigy Network. The founder of the group, Rodrigo Niño, stated that one of the biggest issues for cities like Bogota is the urban sprawl created by expansive growth, which creates massive amounts of pollution. Crowdfunding the project through shares, as opposed to getting funding from banks and tycoon contributions, also aims to bring real value to the city and create comfortable living and working opportunities from the shares.
[easyazon-image align=”left” asin=”1105726282″ locale=”us” height=”110″ src=”http://ecx.images-amazon.com/images/I/412wiBHbMOL._SL110_.jpg” width=”73″]The adoption and expansion of the communal real estate model would result in a tremendously positive impact worldwide for us and succeeding of generations. We’d be able to develop more stimulus, while saving energy, by allowing the community to invest in green skyscrapers and other building models. With the advent of new, futuristic technologies, the possibilities for these kinds of project only get better. The BD Bacata is a beacon of hope from Colombia, and this previously unseen innovation would be very wise to replicate as an example of moving forward in architecture.
Photo credit: BDBacata.com