There’s an old saying that we shape our buildings and environments and then they in turn shape us.
Here is a fascinating research report about “the influence of physical elevation in buildings on risk preferences.” I discovered it through this MarketWatch article, which my friend John forwarded me this afternoon.
Here is a quote from the article:
We then examined the correlation between hedge-fund volatility and office location in terms of number of stories above ground. We found that as the elevation of hedge-fund managers’ offices increased, they were more willing to take risks that resulted in more volatility. This was true even when statistically controlling for factors such as total assets, fund strategy and several other variables that could have led more resourceful hedge funds to occupy expensive offices that are often found on higher levels of buildings.
Does this mean taller cities are also more volatile cities? Assuming this is all true, it once again proves that we are maybe not the rational decision makers that many us probably think we are.
Photo by Hala AlGhanim on Unsplash
When I was in grad school, I used to search around online and make lists of real estate developers that I felt were philosophically aligned with my own view of the world. I didn’t want to work for just any developer, I wanted one that cared about design, technology, sustainability, and so on.
One of the developers on my list was OVG Real Estate in Amsterdam. They describe themselves as “the largest real estate technology company in The Netherlands” and they have recently completed The Edge, which is being called the greenest office building in the world. It received a 98.36% sustainability score from BREEAM-NL.
The building uses 70% less electricity than the “typical office building” and uses solar panels on its rooftop, as well as on some neighboring university buildings, to produce more energy than it consumes. The building is also a great example of the Internet of Things. Anchor tenant Deloitte created its own mobile app so that employees can control lighting, climate, and so on.
The building also has an on-site gym. I’m a big fan of mid-day workouts.
There’s a lot going on with this building, so here’s a video from Bloomberg describing how it functions (click here if you can’t see it below):
[youtube https://www.youtube.com/watch?v=JSzko-K7dzo?rel=0&w=560&h=315]
Photos of the building here.

Dutch architecture firm MVRDV recently converted an old industrial building in Hong Kong into new office space. The overall project size is roughly 200,000 sf. What’s unique about the project is the obsessive focus on transparency and glass.
Here’s what the interior looks like:

And here’s how the architect has described the project:
“We are moving into a transparent society, businesses are becoming more open with the public, and people care more about what goes on behind closed doors. In that way, a clear workspace leaves nothing questionable, nothing hidden; it generates trust.” Tells MVRDV co-founder Winy Maas, “But also it is an opportunity for the building to become a reminder of the industrial history of the neighbourhood, monumentalised in a casing of glass.”
I have written quite a bit about how I believe we are shifting towards a more transparent world – perhaps even a radically transparent world. And so it’s interesting to see an architect pick up on this broader theme and translate it into physical space.
The floor is transparent. The partitions are transparent. The furniture is transparent. And you can clearly discern the interfaces between old and new.
Good architecture, at least in my opinion, should reflect what is happening in our broader society. That’s why I believe that studying the history of art and architecture is really like studying the history of the world.
For more photos of the project, click here.
Image by Ossip van Duivenbode via MVRDV
